The effect of director-auditor link on non-audit services fee
Despite concerns on joint-provision of audit and non-audit services, not many studies have been conducted on examining the factors influencing companies to purchase non audit services from their auditor.The attachment theory postulates that non-audit services purchasing decisions are influenced by t...
| Asıl Yazarlar: | , |
|---|---|
| Materyal Türü: | Makale |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Universiti Putra Malaysia Press
2013
|
| Konular: | |
| Online Erişim: | https://repo.uum.edu.my/id/eprint/16834/1/28364.pdf |
| Özet: | Despite concerns on joint-provision of audit and non-audit services, not many studies have been conducted on examining the factors influencing companies to purchase non audit services from their auditor.The attachment theory postulates that non-audit services purchasing decisions are influenced by the director-auditor link. Using 759 sample companies listed on Bursa Malaysia in 2007, the OLS regression results show a significant positive relationship between director-auditor link and non-audit services fee. The finding adds to the limited literature on the factors influencing companies to purchase non-audit services from their auditor and suggests the need for active involvement of shareholders in the auditor selection process. |
|---|