企业政治捐款与审计费用：澳大利亚审计定价的一些证据

IF 2.1 4区管理学 Q2 BUSINESS, FINANCE

International Journal of Auditing Pub Date : 2023-09-29 DOI:10.1111/ijau.12334

Ferdinand A. Gul, Arifur Khan, Karen Lai, Dessalegn Getie Mihret, Mohammad Badrul Muttakin

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引用次数: 0

摘要

我们研究了澳大利亚的企业政治捐款（CPDs）是否与审计费用相关。我们基于对澳大利亚 500 强非金融企业的观察得出的基线结果表明，与战略投资或资源依赖观点一致的是，有政治献金的企业的审计费用平均比没有政治献金的企业低约 9%。通过路径分析，我们进一步表明，CPD 的战略利益所带来的高收益质量解释了这种关联。总体而言，这些结果证实，企业将 CPD 作为战略投资与较低的收益管理相关联，从而导致较低的审计风险，进而降低审计费用。

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Corporate political donations and audit fees: Some evidence from Australian audit pricing

We examine whether corporate political donations (CPDs) are associated with audit fees in the Australian setting. Our baseline results based on observations of Australian top 500 non-financial companies show that, on average, firms with CPDs are associated with about 9% lower audit fees than firms without CPDs consistent with the strategic investment or resource dependency view. Using path analysis, we next show that high earnings quality resulting from strategic benefits of CPDs explains the association. Overall, these results confirm that firms use CPDs as strategic investments that are associated with lower earnings management, which leads to lower audit risk and hence reduced audit fees.

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来源期刊

International Journal of Auditing BUSINESS, FINANCE-

CiteScore

3.70

自引率

15.00%

发文量

期刊介绍： In addition to communicating the results of original auditing research, the International Journal of Auditing also aims to advance knowledge in auditing by publishing critiques, thought leadership papers and literature reviews on specific aspects of auditing. The journal seeks to publish articles that have international appeal either due to the topic transcending national frontiers or due to the clear potential for readers to apply the results or ideas in their local environments. While articles must be methodologically and theoretically sound, any research orientation is acceptable. This means that papers may have an analytical and statistical, behavioural, economic and financial (including agency), sociological, critical, or historical basis. The editors consider articles for publication which fit into one or more of the following subject categories: • Financial statement audits • Public sector/governmental auditing • Internal auditing • Audit education and methods of teaching auditing (including case studies) • Audit aspects of corporate governance, including audit committees • Audit quality • Audit fees and related issues • Environmental, social and sustainability audits • Audit related ethical issues • Audit regulation • Independence issues • Legal liability and other legal issues • Auditing history • New and emerging audit and assurance issues