The Relationship between the Audit Outputs and Managerial Entrenchment
The present study investigates the relationship between audit outputs (including audit quality, type of opinion, audit fee, and timeliness) and managerial entrenchment in firms listed on the Tehran Stock Exchange. The multivariate regression model is used for hypothesis testing, research hypotheses...
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| Format: | Article |
| Language: | English |
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Ferdowsi University of Mashhad
2021-03-01
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| Series: | Iranian Journal of Accounting, Auditing & Finance |
| Subjects: | |
| Online Access: | https://ijaaf.um.ac.ir/article_40087_2c0f4bcf0ce109947b375052c04ad9e2.pdf |
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| author | Hamideh Nazaridavaji Raha Rajaei Khoramabad |
| author_facet | Hamideh Nazaridavaji Raha Rajaei Khoramabad |
| author_sort | Hamideh Nazaridavaji |
| collection | DOAJ |
| description | The present study investigates the relationship between audit outputs (including audit quality, type of opinion, audit fee, and timeliness) and managerial entrenchment in firms listed on the Tehran Stock Exchange. The multivariate regression model is used for hypothesis testing, research hypotheses were tested using a sample of 678 listed observations on the Tehran Stock Exchange during 2012-2017, and the exploratory factor analysis of 12 variables (including CEO duality, financial expertise, and CEO industry, board compensation, managerial ownership, tenure, and CEO consistency, board independence, financial expertise, and board industry, correlation and board effort) is used for examining managerial entrenchment. As expected, the results show a significant relationship between audit outputs and managerial entrenchment, such that audit fee and audit quality are negatively associated with managerial entrenchment, and the relationship between report delay and type of opinion and managerial entrenchment is positive and significant. By adding new variables to measuring managerial entrenchment, the present study provides a better evaluation of this index. Moreover, it contributes to the field because the previous studies have benefited from limited proxies for this purpose. |
| format | Article |
| id | doaj-art-389dd52f212c4973bbff22e5f92f46cd |
| institution | Kabale University |
| issn | 2717-4131 2588-6142 |
| language | English |
| publishDate | 2021-03-01 |
| publisher | Ferdowsi University of Mashhad |
| record_format | Article |
| series | Iranian Journal of Accounting, Auditing & Finance |
| spelling | doaj-art-389dd52f212c4973bbff22e5f92f46cd2024-12-25T06:45:36ZengFerdowsi University of MashhadIranian Journal of Accounting, Auditing & Finance2717-41312588-61422021-03-01519911210.22067/ijaaf.2021.70392.102740087The Relationship between the Audit Outputs and Managerial EntrenchmentHamideh Nazaridavaji0Raha Rajaei Khoramabad1Faculty of Economics and Administrative sciences, Ferdowsi University of Mashhad, Mashhad, IranFaculty of Economics and Administrative Sciences, Imam Reza International University, Mashhad, IranThe present study investigates the relationship between audit outputs (including audit quality, type of opinion, audit fee, and timeliness) and managerial entrenchment in firms listed on the Tehran Stock Exchange. The multivariate regression model is used for hypothesis testing, research hypotheses were tested using a sample of 678 listed observations on the Tehran Stock Exchange during 2012-2017, and the exploratory factor analysis of 12 variables (including CEO duality, financial expertise, and CEO industry, board compensation, managerial ownership, tenure, and CEO consistency, board independence, financial expertise, and board industry, correlation and board effort) is used for examining managerial entrenchment. As expected, the results show a significant relationship between audit outputs and managerial entrenchment, such that audit fee and audit quality are negatively associated with managerial entrenchment, and the relationship between report delay and type of opinion and managerial entrenchment is positive and significant. By adding new variables to measuring managerial entrenchment, the present study provides a better evaluation of this index. Moreover, it contributes to the field because the previous studies have benefited from limited proxies for this purpose.https://ijaaf.um.ac.ir/article_40087_2c0f4bcf0ce109947b375052c04ad9e2.pdfaudit report delayaudit qualityaudit feetype of audit opinionmanagerial entrenchment |
| spellingShingle | Hamideh Nazaridavaji Raha Rajaei Khoramabad The Relationship between the Audit Outputs and Managerial Entrenchment Iranian Journal of Accounting, Auditing & Finance audit report delay audit quality audit fee type of audit opinion managerial entrenchment |
| title | The Relationship between the Audit Outputs and Managerial Entrenchment |
| title_full | The Relationship between the Audit Outputs and Managerial Entrenchment |
| title_fullStr | The Relationship between the Audit Outputs and Managerial Entrenchment |
| title_full_unstemmed | The Relationship between the Audit Outputs and Managerial Entrenchment |
| title_short | The Relationship between the Audit Outputs and Managerial Entrenchment |
| title_sort | relationship between the audit outputs and managerial entrenchment |
| topic | audit report delay audit quality audit fee type of audit opinion managerial entrenchment |
| url | https://ijaaf.um.ac.ir/article_40087_2c0f4bcf0ce109947b375052c04ad9e2.pdf |
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