Year: 2014
Type: dissertation
Abstract: firms' stakeholders and other addressees of financial reports can expect more audit effort and an improved audit quality from the appointment of a former audit firm employee to the board.Our comprehensive empirical evidence is consistent with a rational ongoing appointment practice, but stands in contrast to some of the earlier findings for the effect of audit expert appointments on earnings management.Also, the results raise questions about the perception of audit expert appointments by financial markets, which were found to show no significant reaction to appointments of audit experts by earlier research.
Source: KOPS (University of Konstanz)
Author: Achim Mattes
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W172286606