Does gender and ethnic diversity among audit partners influence office-level audit personnel retention and audit quality?

IF 3.2 3区 管理学 Q1 BUSINESS, FINANCE
Eric R. Condie, Ling Lei Lisic, Timothy A. Seidel, Jonathan Michael Truelson, Aleksandra B. Zimmerman
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引用次数: 1

Abstract

Motivated by prior literature on organizational identification and 23 semistructured interviews with a variety of US audit partners and directors, we examine whether the gender and ethnic diversity of an office's audit partners influences the retention of the office's audit professionals and the quality of the audits conducted by the office. Using hand-collected data on US audit partners, we find that greater levels of (or changes in) diversity in office audit partners' gender and ethnicity are associated with lower (reduced) turnover among office audit professionals and higher (increased) office-level audit quality. We conduct a path analysis based on the most common mechanisms highlighted in our interviews to provide further insight into the audit quality results. The results indicate partial mediation through increased retention, greater gender and ethnic diversity among office audit personnel, client continuity, and increased efficiency. Further tests reveal that the association with audit quality is incremental to, and distinct from, the effect of individual engagement partner characteristics and does not reflect client screening. The findings underscore the importance of gender and ethnic diversity among office audit partners to organizational outcomes and provide important practical implications for audit firms.

审计伙伴之间的性别和种族多样性是否会影响办公室一级审计人员的留任和审计质量?
在先前关于组织识别的文献和对美国各种审计合伙人和董事的23次半结构化访谈的激励下,我们研究了办公室审计合伙人的性别和种族多样性是否会影响办公室审计专业人员的保留和办公室进行的审计质量。通过对美国审计合伙人手工收集的数据,我们发现,办公室审计合伙人性别和种族多样性水平越高(或变化越大),办公室审计专业人员的流动率越低(减少),办公室级审计质量越高(提高)。我们根据访谈中强调的最常见机制进行路径分析,以进一步了解审计质量结果。结果表明,通过增加留任、增加办公室审计人员的性别和种族多样性、客户连续性和提高效率,可以起到部分调解作用。进一步的测试表明,审计质量与个别审计业务合伙人特征的影响是递增的,而不是不同的,并不反映客户筛选。研究结果强调了办公室审计合伙人的性别和种族多样性对组织成果的重要性,并为审计公司提供了重要的实际意义。
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来源期刊
CiteScore
6.20
自引率
11.10%
发文量
97
期刊介绍: Contemporary Accounting Research (CAR) is the premiere research journal of the Canadian Academic Accounting Association, which publishes leading- edge research that contributes to our understanding of all aspects of accounting"s role within organizations, markets or society. Canadian based, increasingly global in scope, CAR seeks to reflect the geographical and intellectual diversity in accounting research. To accomplish this, CAR will continue to publish in its traditional areas of excellence, while seeking to more fully represent other research streams in its pages, so as to continue and expand its tradition of excellence.
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