{"title":"审计费对盈利管理和财务风险的影响:公司财务实践分析","authors":"Abbas Ali Daryaei, Davood Askarany, Yasin Fattahi","doi":"10.3390/risks12080123","DOIUrl":null,"url":null,"abstract":"This study employs a robust quantitative ex post facto research design to investigate the complex relationship between audit fees and earnings management. The financial information of 164 firms admitted to the Tehran Stock Exchange (TSE) was used from 2010 to 2019 (pre-COVID period) to achieve the research goal. Analysing data from the Tehran Stock Exchange firms, the study uncovers an inverted U-shaped relationship between audit fees and earnings management. This suggests that moderate audit fees can lead to higher earnings management. Key contributions of this paper include highlighting the role of audit fees in influencing financial reporting quality and risk management, providing empirical evidence on the asymmetric effects of normal and abnormal audit fees on earnings management, and emphasising the need for balanced audit fee structures to ensure financial transparency and mitigate risk. The findings offer valuable insights for academics, practitioners, and policymakers in understanding the nuances of audit fees and their impact on corporate financial practices. This study advances the literature on financial risk management and corporate finance. It emphasises the importance of balanced audit fee structures for management teams, auditors, and policymakers to ensure transparent financial reporting practices.","PeriodicalId":21282,"journal":{"name":"Risks","volume":"42 1","pages":""},"PeriodicalIF":2.0000,"publicationDate":"2024-08-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Impact of Audit Fees on Earnings Management and Financial Risk: An Analysis of Corporate Finance Practices\",\"authors\":\"Abbas Ali Daryaei, Davood Askarany, Yasin Fattahi\",\"doi\":\"10.3390/risks12080123\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study employs a robust quantitative ex post facto research design to investigate the complex relationship between audit fees and earnings management. The financial information of 164 firms admitted to the Tehran Stock Exchange (TSE) was used from 2010 to 2019 (pre-COVID period) to achieve the research goal. Analysing data from the Tehran Stock Exchange firms, the study uncovers an inverted U-shaped relationship between audit fees and earnings management. This suggests that moderate audit fees can lead to higher earnings management. Key contributions of this paper include highlighting the role of audit fees in influencing financial reporting quality and risk management, providing empirical evidence on the asymmetric effects of normal and abnormal audit fees on earnings management, and emphasising the need for balanced audit fee structures to ensure financial transparency and mitigate risk. The findings offer valuable insights for academics, practitioners, and policymakers in understanding the nuances of audit fees and their impact on corporate financial practices. This study advances the literature on financial risk management and corporate finance. It emphasises the importance of balanced audit fee structures for management teams, auditors, and policymakers to ensure transparent financial reporting practices.\",\"PeriodicalId\":21282,\"journal\":{\"name\":\"Risks\",\"volume\":\"42 1\",\"pages\":\"\"},\"PeriodicalIF\":2.0000,\"publicationDate\":\"2024-08-02\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Risks\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.3390/risks12080123\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Risks","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3390/risks12080123","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
摘要
本研究采用稳健的事后定量研究设计来探讨审计费用与收益管理之间的复杂关系。为实现研究目标,本研究使用了德黑兰证券交易所(TSE)164 家公司 2010 年至 2019 年(COVID 前)的财务信息。通过分析德黑兰证券交易所公司的数据,研究发现审计费用与收益管理之间存在倒 U 型关系。这表明,适度的审计费用会导致更高的收益管理。本文的主要贡献包括:强调了审计费用在影响财务报告质量和风险管理方面的作用;提供了正常和异常审计费用对收益管理非对称影响的经验证据;强调了平衡审计费用结构以确保财务透明度和降低风险的必要性。研究结果为学术界、从业人员和政策制定者了解审计费用的细微差别及其对企业财务实践的影响提供了宝贵的见解。本研究推动了有关财务风险管理和公司财务的文献的发展。它强调了平衡审计费用结构对管理团队、审计师和政策制定者的重要性,以确保透明的财务报告实践。
Impact of Audit Fees on Earnings Management and Financial Risk: An Analysis of Corporate Finance Practices
This study employs a robust quantitative ex post facto research design to investigate the complex relationship between audit fees and earnings management. The financial information of 164 firms admitted to the Tehran Stock Exchange (TSE) was used from 2010 to 2019 (pre-COVID period) to achieve the research goal. Analysing data from the Tehran Stock Exchange firms, the study uncovers an inverted U-shaped relationship between audit fees and earnings management. This suggests that moderate audit fees can lead to higher earnings management. Key contributions of this paper include highlighting the role of audit fees in influencing financial reporting quality and risk management, providing empirical evidence on the asymmetric effects of normal and abnormal audit fees on earnings management, and emphasising the need for balanced audit fee structures to ensure financial transparency and mitigate risk. The findings offer valuable insights for academics, practitioners, and policymakers in understanding the nuances of audit fees and their impact on corporate financial practices. This study advances the literature on financial risk management and corporate finance. It emphasises the importance of balanced audit fee structures for management teams, auditors, and policymakers to ensure transparent financial reporting practices.