Article View/Open
Publication Export
|
|
| No doi shows Citation Infomation |
Related Publications in TAIR
- > Simple Record
- > Full Record
| Field |
Value |
| Title: | Does an Auditor's Within-Industry Market Share Still Capture Auditor Industry Expertise in a Mandatory Audit Partner Rotation |
| Authors: | Chi, Wuchun ; Liao, Hsiumei ; Xie, Hong
戚務君 |
| Contributors: | 會計系 |
| Keywords: | earnings quality;auditor expertise;mandatory partner rotation;client-specific tenure;industry-specific market share |
| Date: | 2013.12 |
| Issue Date: | 2014-04-09 15:45:48 (UTC+8) |
| Abstract: | Prior studies commonly use an auditor’s market share in an industry as a proxy for auditor industry expertise and find that audit quality is positively related to an audit partner’s within-industry market share in a voluntary audit partner rotation regime where the length of the client-partner relationship is not limited. Mandatory audit partner rotation, however, limits the length of the client-partner relationship and can artificially increase or decrease the market shares of incoming and departing partners, thus making the audit partner’s within-industry market share an unreliable proxy for auditor industry expertise. Using a sample of banks in Taiwan, we find that audit quality is positively related to an audit partner’s within-industry market share in the voluntary audit partner rotation regime. However, such a positive relation disappears in the mandatory audit partner rotation regime. Thus, we conclude that mandatory audit partner rotation decouples the link between an audit partner’s within-industry market share and auditor industry expertise and caution researchers against using an audit partner’s within-industry market share as a proxy for auditor industry expertise in a mandatory audit partner rotation regime. |
| Relation: | Journal of Modern Accounting and Auditing, |
| Data Type: | article |
| DCField |
Value |
Language |
| dc.contributor (Contributor) | 會計系 | en_US |
| dc.creator (Authors) | Chi, Wuchun ; Liao, Hsiumei ; Xie, Hong | en_US |
| dc.creator (Authors) | 戚務君 | zh_TW |
| dc.date (Date) | 2013.12 | en_US |
| dc.date.accessioned | 2014-04-09 15:45:48 (UTC+8) | - |
| dc.date.available | 2014-04-09 15:45:48 (UTC+8) | - |
| dc.date.issued (Issue Date) | 2014-04-09 15:45:48 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/65217 | - |
| dc.description.abstract (Abstract) | Prior studies commonly use an auditor’s market share in an industry as a proxy for auditor industry expertise and find that audit quality is positively related to an audit partner’s within-industry market share in a voluntary audit partner rotation regime where the length of the client-partner relationship is not limited. Mandatory audit partner rotation, however, limits the length of the client-partner relationship and can artificially increase or decrease the market shares of incoming and departing partners, thus making the audit partner’s within-industry market share an unreliable proxy for auditor industry expertise. Using a sample of banks in Taiwan, we find that audit quality is positively related to an audit partner’s within-industry market share in the voluntary audit partner rotation regime. However, such a positive relation disappears in the mandatory audit partner rotation regime. Thus, we conclude that mandatory audit partner rotation decouples the link between an audit partner’s within-industry market share and auditor industry expertise and caution researchers against using an audit partner’s within-industry market share as a proxy for auditor industry expertise in a mandatory audit partner rotation regime. | en_US |
| dc.format.extent | 143507 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (Relation) | Journal of Modern Accounting and Auditing, | en_US |
| dc.subject (Keywords) | earnings quality;auditor expertise;mandatory partner rotation;client-specific tenure;industry-specific market share | en_US |
| dc.title (Title) | Does an Auditor's Within-Industry Market Share Still Capture Auditor Industry Expertise in a Mandatory Audit Partner Rotation | en_US |
| dc.type (Data Type) | article | en |
(1096)