Information Asymmetry, Internal and External Dimensions of Corporate Governance Quality: Improving or Worsening Audit Quality?
Objective: This research aims to investigate the effects of asymmetric information on the relationship between audit quality and internal and external dimentions of corporate governance quality, during the period 2008-2017. Method: Multivariate regressions based on panel data model and cross-section...
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| Format: | Article |
| Language: | fas |
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Shahid Bahonar University of Kerman
2019-11-01
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| Series: | مجله دانش حسابداری |
| Subjects: | |
| Online Access: | https://jak.uk.ac.ir/article_2373_b43473100688f69246b7d67137aefd82.pdf |
| _version_ | 1818568286691917824 |
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| author | Samira Joudi Gholamreza Mansourfar (Ph.D) |
| author_facet | Samira Joudi Gholamreza Mansourfar (Ph.D) |
| author_sort | Samira Joudi |
| collection | DOAJ |
| description | Objective: This research aims to investigate the effects of asymmetric information on the relationship between audit quality and internal and external dimentions of corporate governance quality, during the period 2008-2017. Method: Multivariate regressions based on panel data model and cross-sectional data were used, regarding Stata and Eviews as the softwares to estimate the models. Discretionary accruals, auditor's tenure and the size of audit firms were considered proxies for audit quality, and the price synchronicity model and the spread model were used to measure information asymmetry. Result: There is a negative relationship between corporate governance and audit quality in the companies with higher information asymmetry. The existence of corporate governance does not improve audit quality, but in the companies with low information asymmetry, there is positive relationship between corporate governance and audit quality. Conclusion: The existence of information asymmetry has greater impacts on audit quality than the corporate governance quality. Also, information asymmetry distorts the positive relationship between corporate governance and audit quality. |
| first_indexed | 2024-12-14T06:33:51Z |
| format | Article |
| id | doaj.art-52b05c668e0944d0b103e71baceb62b0 |
| institution | Directory Open Access Journal |
| issn | 2008-8914 2476-292X |
| language | fas |
| last_indexed | 2024-12-14T06:33:51Z |
| publishDate | 2019-11-01 |
| publisher | Shahid Bahonar University of Kerman |
| record_format | Article |
| series | مجله دانش حسابداری |
| spelling | doaj.art-52b05c668e0944d0b103e71baceb62b02022-12-21T23:13:26ZfasShahid Bahonar University of Kermanمجله دانش حسابداری2008-89142476-292X2019-11-0110319923110.22103/jak.2019.12497.27512373Information Asymmetry, Internal and External Dimensions of Corporate Governance Quality: Improving or Worsening Audit Quality?Samira Joudi0Gholamreza Mansourfar (Ph.D)1M.A. of Accounting, Urmia University, Urmia, Iran.Associate Professor of Finance, Urmia University, Urmia, Iran.Objective: This research aims to investigate the effects of asymmetric information on the relationship between audit quality and internal and external dimentions of corporate governance quality, during the period 2008-2017. Method: Multivariate regressions based on panel data model and cross-sectional data were used, regarding Stata and Eviews as the softwares to estimate the models. Discretionary accruals, auditor's tenure and the size of audit firms were considered proxies for audit quality, and the price synchronicity model and the spread model were used to measure information asymmetry. Result: There is a negative relationship between corporate governance and audit quality in the companies with higher information asymmetry. The existence of corporate governance does not improve audit quality, but in the companies with low information asymmetry, there is positive relationship between corporate governance and audit quality. Conclusion: The existence of information asymmetry has greater impacts on audit quality than the corporate governance quality. Also, information asymmetry distorts the positive relationship between corporate governance and audit quality.https://jak.uk.ac.ir/article_2373_b43473100688f69246b7d67137aefd82.pdfcorporate governancediscretionary accrualsauditor's tenuresize of the audit firmsinformation asymmetry |
| spellingShingle | Samira Joudi Gholamreza Mansourfar (Ph.D) Information Asymmetry, Internal and External Dimensions of Corporate Governance Quality: Improving or Worsening Audit Quality? مجله دانش حسابداری corporate governance discretionary accruals auditor's tenure size of the audit firms information asymmetry |
| title | Information Asymmetry, Internal and External Dimensions of Corporate Governance Quality: Improving or Worsening Audit Quality? |
| title_full | Information Asymmetry, Internal and External Dimensions of Corporate Governance Quality: Improving or Worsening Audit Quality? |
| title_fullStr | Information Asymmetry, Internal and External Dimensions of Corporate Governance Quality: Improving or Worsening Audit Quality? |
| title_full_unstemmed | Information Asymmetry, Internal and External Dimensions of Corporate Governance Quality: Improving or Worsening Audit Quality? |
| title_short | Information Asymmetry, Internal and External Dimensions of Corporate Governance Quality: Improving or Worsening Audit Quality? |
| title_sort | information asymmetry internal and external dimensions of corporate governance quality improving or worsening audit quality |
| topic | corporate governance discretionary accruals auditor's tenure size of the audit firms information asymmetry |
| url | https://jak.uk.ac.ir/article_2373_b43473100688f69246b7d67137aefd82.pdf |
| work_keys_str_mv | AT samirajoudi informationasymmetryinternalandexternaldimensionsofcorporategovernancequalityimprovingorworseningauditquality AT gholamrezamansourfarphd informationasymmetryinternalandexternaldimensionsofcorporategovernancequalityimprovingorworseningauditquality |