Excess audit committee compensation and audit pricing

Q4 Economics, Econometrics and Finance
Rachana Kalelkar, Sarfraz Khan, Sung Jin Park
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引用次数: 3

Abstract

In this study, we explore audit pricing decisions in the presence of excess audit committee compensation. Specifically, we examine whether excess compensation of audit committee members is related to audit fees. We find that excess compensation is positively associated with audit fees. We further examine whether the excess compensation affects auditors' pricing of earnings manipulation, and find evidence suggesting that auditors perceive earnings manipulation risk relatively low when the audit committee members are paid excess compensation. Overall, our results support the notion that audit committee excess compensation represents greater monitoring over a firm's financial reporting process, which affects auditor's risk assessment.
超额审计委员会薪酬与审计定价
在本研究中,我们探讨了存在超额审计委员会薪酬的审计定价决策。具体而言,我们考察了审计委员会成员的超额薪酬是否与审计费用有关。我们发现超额薪酬与审计费用呈正相关。我们进一步研究了超额薪酬是否影响审计师对盈余操纵的定价,并发现证据表明,当审计委员会成员获得超额薪酬时,审计师对盈余操纵风险的感知相对较低。总体而言,我们的研究结果支持这样的观点,即审计委员会的超额薪酬代表着对公司财务报告流程的更大监控,这影响了审计师的风险评估。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
0.70
自引率
0.00%
发文量
7
期刊介绍: IJAAPE publishes original scholarly papers across the whole spectrum of: financial accounting, managerial accounting, accounting education, auditing, taxation, public sector accounting, capital market and accounting, accounting information systems, performance evaluation, corporate governance, ethics, and financial management. All methodologies, such as analytical, empirical, behavioural, surveys, and case studies are welcome. IJAAPE encourages contributions especially from emerging markets and economies in transition and studies whose results are applicable across nation states or capable of being adapted to the different accounting and business environments.
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