Title : Top Company Officers and Auditor School-Ties on Audit Fee: Evidence from Indonesia
Authors:
- Mohammad Nasih
- Raden Roro Widya Ningtyas Soeprajitno
- Harymawan Faith
- John Nowland
Department : Accounting
Journal Name : Sage Open Kinds of Journal: Q1
Keywords : Top Company Officers and Auditors, School-ties, Audit Fee, Accountability
Abstract:
The purpose of this study is to examine the relationship between the top management school-ties representated by the CEO (Chief Executive Officer), CFO (Chief Financial Officer), and the auditor with the audit fee. This study uses 627 Observations from Companies listed on the Indonesia Stock Exchange from 2010 to 2018 and use the Ordinary Least Square Regression Analysis Model. This study finds that the combination of school-ties between cfo and auditor showed a positive relationship with audit fee, while the combination of school-ties between CEOs and auditors did not. This study contributes to literature related to the relationship between schools and audit fees of public companies in Indonesia. It is also hoped that it can contribute to the implementation of the company policies, management, external parties, named regulators, and investors. This study chose school-ties as a part of social-ties to represent the condition of the top company officers and auditors ties.
For details : https://doi.org/10.1177/21582440231209632