Earnings Management, Board Independence And Audit Fees Considering The Firm's Profitability Level
Journal Title: Asian Economic and Financial Review - Year 2012, Vol 2, Issue 2
Abstract
This study investigates the relation between earnings management, board independence and audit fees considering the firm's profitability level. Two main hypotheses have been designed by theoretical framework, and have been tested on 57 listed companies in Tehran Stock Exchange during 2003 to 2009. The statistical analysis had been done by multi-variable regression analysis and one-way ANOVA analysis, too. The findings show that there is a meaningful and positive relation between earnings management and audit fees. Also, there is a meaningful and negative relation between board independence and audit fees. The results suggest that the higher the level of profitability, the higher the audit fees.
Authors and Affiliations
Javad Moradi| Accounting Department, Islamic Azad University-Marvdasht Branch, Marvdasht, IRAN, Hashem Valipour| Accounting Department, Islamic Azad University-Firouzabad Branch, Firouzabad, IRAN, Zahra Pahlavan| Accounting Department, Islamic Azad University-Marvdasht Branch, Marvdasht, IRAN
Keywords
Related Articles
- EP ID EP1779
- DOI -
- Views 599
- Downloads 34
KOREA’S INPAYMENTS AND OUTPAYMENTS WITH THE REST OF THE WORLD: IS THERE ROOM FOR CURRENCY MANIPULATION?
In estimating the well-known Marshall-Lerner condition, researchers have used trade volume data between one country and rest of the world. To reduce aggregation bias in these studies, it is proposed to use trade data at...
EXPLORE THE IMPACT OF THE TRADING VALUE , THE OIL PRICE AND QUANTITATIVE EASING POLICY ON THE TAIWAN AND KOREA STOCK MARKET RETURN WITH QUANTILE REGRESSION
This paper aims to apply the quantile regression analysis to explore the impacts of the stock market trading value, change in international oil prices, and the US implementation of Quantitative easing monetary policy on...
FINANCIAL DEVELOPMENT AND INVESTMENT AMOUNT NEXUS: A CASE STUDY OF TURKEY
The paper examines the relationship between financial development and investment amount in Turkey over the period of 1998:01-2015:02 by using Toda-Yamamoto method. Banking sector and stock market measures of financial de...
DETERMINANTS OF CAPITAL STRUCTURE OF BANKING SECTOR IN GCC: AN EMPIRICAL INVESTIGATION
This work attempts to identify determinants of capital structure in a sample of commercial banks listed on the Gulf Cooperation Council (GCC) stock markets. To achieve this objective, data about were collected from 47 GC...
Vulnerability of Southern Mediterranean Countries to Exogenous Shocks: Structural VAR Approach
All statistics and empirical studies relating to the Mediterranean region show the irregular fluctuation of the main macroeconomic aggregates. It is appear that the vulnerability of these countries is largely the result...