Audit Fee and Audit Quality: An Empirical Analysis in Family Firms
The purpose of this research is to investigate the relationship between audit fee and audit quality in family firms on the Tehran Stock Exchange. The study period is from 2007 to 2014. The sample consists of 30 family firms and 30 non-family firms. To test our hypotheses, the following methods were...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EconJournals
2017-06-01
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| Series: | International Journal of Economics and Financial Issues |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354513?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| _version_ | 1828027123129909248 |
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| author | Saeid Homayoon Maryam Hakimzadeh |
| author_facet | Saeid Homayoon Maryam Hakimzadeh |
| author_sort | Saeid Homayoon |
| collection | DOAJ |
| description | The purpose of this research is to investigate the relationship between audit fee and audit quality in family firms on the Tehran Stock Exchange. The study period is from 2007 to 2014. The sample consists of 30 family firms and 30 non-family firms. To test our hypotheses, the following methods were used: two-independent-samples t-test mean comparison and regression model. The results of this research show that there is a significant difference between audit fee in family and non-family firms, and that also family and non-family firms do not significantly differ in terms of size and auditor expertise. The results show that family firms pay lower audit fees compared to non-family firms, such that with increased family ownership, the audit fee decreases. |
| first_indexed | 2024-04-10T13:30:15Z |
| format | Article |
| id | doaj.art-90e1542af523425aab709143dccf3aee |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T13:30:15Z |
| publishDate | 2017-06-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-90e1542af523425aab709143dccf3aee2023-02-15T16:11:42ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382017-06-01724694761032Audit Fee and Audit Quality: An Empirical Analysis in Family FirmsSaeid HomayoonMaryam HakimzadehThe purpose of this research is to investigate the relationship between audit fee and audit quality in family firms on the Tehran Stock Exchange. The study period is from 2007 to 2014. The sample consists of 30 family firms and 30 non-family firms. To test our hypotheses, the following methods were used: two-independent-samples t-test mean comparison and regression model. The results of this research show that there is a significant difference between audit fee in family and non-family firms, and that also family and non-family firms do not significantly differ in terms of size and auditor expertise. The results show that family firms pay lower audit fees compared to non-family firms, such that with increased family ownership, the audit fee decreases.https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354513?publisher=http-www-cag-edu-tr-ilhan-ozturkfamily firms audit fee audit firm size quality audit firm expertise |
| spellingShingle | Saeid Homayoon Maryam Hakimzadeh Audit Fee and Audit Quality: An Empirical Analysis in Family Firms International Journal of Economics and Financial Issues family firms audit fee audit firm size quality audit firm expertise |
| title | Audit Fee and Audit Quality: An Empirical Analysis in Family Firms |
| title_full | Audit Fee and Audit Quality: An Empirical Analysis in Family Firms |
| title_fullStr | Audit Fee and Audit Quality: An Empirical Analysis in Family Firms |
| title_full_unstemmed | Audit Fee and Audit Quality: An Empirical Analysis in Family Firms |
| title_short | Audit Fee and Audit Quality: An Empirical Analysis in Family Firms |
| title_sort | audit fee and audit quality an empirical analysis in family firms |
| topic | family firms audit fee audit firm size quality audit firm expertise |
| url | https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354513?publisher=http-www-cag-edu-tr-ilhan-ozturk |
| work_keys_str_mv | AT saeidhomayoon auditfeeandauditqualityanempiricalanalysisinfamilyfirms AT maryamhakimzadeh auditfeeandauditqualityanempiricalanalysisinfamilyfirms |