Artikel
Risk management committee, auditor choice and audit fees
We find that risk management committees and BIG4 audit firms contribute to audit fees. We use observations of 895 companies registered in Indonesia for 2014-2018, and to answer our hypothesis we used ordinary least squares analysis. The results show that BIG4 weakens the relationship between RMC and audit fees. Our study proves that higher demand for audit coverage will occur if there is a risk management committee within the company. As a result, audit fees increase. RMC may demand high-quality external guarantees, but the presence of BIG4 as a moderating variable reduces the relationship between the two variables. We assume that this can happen because auditors can work more efficiently if the company has an RMC, auditor(s) could indirectly reduce the risk because it is partially results from the performance of the RMC. In addition, we also use the robustness test to handle the endogeneity problem with consistent results as OLS. These findings provide evidence for policy makers about the relationship between audit fees and risk management committees.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Risks ; ISSN: 2227-9091 ; Volume: 9 ; Year: 2021 ; Issue: 9 ; Pages: 1-16 ; Basel: MDPI
- Klassifikation
-
Wirtschaft
- Thema
-
audit fee
Big 4
risk management committee
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Harymawan, Iman
Prabhawa, Aditya Aji
Nasih, Mohammad
Putra, Fajar Kristanto Gautama
- Ereignis
-
Veröffentlichung
- (wer)
-
MDPI
- (wo)
-
Basel
- (wann)
-
2021
- DOI
-
doi:10.3390/risks9090156
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Harymawan, Iman
- Prabhawa, Aditya Aji
- Nasih, Mohammad
- Putra, Fajar Kristanto Gautama
- MDPI
Entstanden
- 2021
Ähnliche Objekte (12)
Independent audit committee, risk management committee, and audit fees
Audit committee compensation, best practices and audit fees
The perceptions of external auditors on the relationship between audit fees and audit quality
The impact of audit committee characteristics on audit fees; evidence from Ghana
Audit committee’s chairman characteristics and auditor choice: an empirical evidence from Malaysia ACE market
Impact of the audit committee on audit fees: A review and future research agenda
Accounting transparencies and audit fees of auditor-designated mutual savings banks in Korea
Audit mandates, audit firms, and auditors
A periodic auditor designation and the role of audit committee
Non-audit fees of the external auditor, audit committees, and earnings quality : an empirical analysis of German (non)listed firms
The effect of audit committee and board of directors characteristics' on audit fees and internal control quality in Iran
Women leading the audit process and audit fees: A European study
Independent audit committee, risk management committee, and audit fees
Audit committee compensation, best practices and audit fees
The perceptions of external auditors on the relationship between audit fees and audit quality
The impact of audit committee characteristics on audit fees; evidence from Ghana
Audit committee’s chairman characteristics and auditor choice: an empirical evidence from Malaysia ACE market
Impact of the audit committee on audit fees: A review and future research agenda
Accounting transparencies and audit fees of auditor-designated mutual savings banks in Korea
Audit mandates, audit firms, and auditors
A periodic auditor designation and the role of audit committee
Non-audit fees of the external auditor, audit committees, and earnings quality : an empirical analysis of German (non)listed firms
The effect of audit committee and board of directors characteristics' on audit fees and internal control quality in Iran
Women leading the audit process and audit fees: A European study
Independent audit committee, risk management committee, and audit fees
Audit committee compensation, best practices and audit fees
The perceptions of external auditors on the relationship between audit fees and audit quality
The impact of audit committee characteristics on audit fees; evidence from Ghana
Audit committee’s chairman characteristics and auditor choice: an empirical evidence from Malaysia ACE market
Impact of the audit committee on audit fees: A review and future research agenda
Accounting transparencies and audit fees of auditor-designated mutual savings banks in Korea
Audit mandates, audit firms, and auditors
A periodic auditor designation and the role of audit committee
Non-audit fees of the external auditor, audit committees, and earnings quality : an empirical analysis of German (non)listed firms
The effect of audit committee and board of directors characteristics' on audit fees and internal control quality in Iran