Earnings Management, Board Independence And Audit Fees Considering The Firm's Profitability Level

Earnings Management, Board Independence And Audit Fees Considering The Firm's Profitability Level

Journal

  • Journal title: Asian Economic and Financial Review
  • ISSN: 2305-2147 (print) 2222-6737 (online)
  • Publisher: Aess
  • Country of publisher: pakistan
  • Date added to EuroPub: 2017/May/11

Subject and more

  • LCC Subject Category: Finance and Financial Services, Economics
  • Publisher's keywords: Earnings Management, Board Independence, Audit Fees, Discretionary Accruals
  • Language of fulltext: english
  • Full-text formats available: PDF

AUTHORS

    Javad Moradi| Accounting Department, Islamic Azad University-Marvdasht Branch, Marvdasht, IRAN, Hashem Valipour| Accounting Department, Islamic Azad University-Firouzabad Branch, Firouzabad, IRAN, Zahra Pahlavan| Accounting Department, Islamic Azad University-Marvdasht Branch, Marvdasht, IRAN

EDITORIAL INFORMATION

FULL TEXT

ABSTRACT

This study investigates the relation between earnings management, board independence and audit fees considering the firm's profitability level. Two main hypotheses have been designed by theoretical framework, and have been tested on 57 listed companies in Tehran Stock Exchange during 2003 to 2009. The statistical analysis had been done by multi-variable regression analysis and one-way ANOVA analysis, too. The findings show that there is a meaningful and positive relation between earnings management and audit fees. Also, there is a meaningful and negative relation between board independence and audit fees. The results suggest that the higher the level of profitability, the higher the audit fees.

About Europub

EuroPub is a comprehensive, multipurpose database covering scholarly literature, with indexed records from active, authoritative journals, and indexes articles from journals all over the world. The result is an exhaustive database that assists research in every field. Easy access to a vast database at one place, reduces searching and data reviewing time considerably and helps authors in preparing new articles to a great extent. EuroPub aims at increasing the visibility of open access scholarly journals, thereby promoting their increased usage and impact.