Title of article :
Impact of Corporate Lobbying on Board Compensation and Audit Quality
Author/Authors :
Mohammadi, Shaban Department of Accounting - Shahid Rajaee Faculty - Vocational University of Khorasan, Iran , Naghshbandi, Nader Department of Accounting - Hakim Nezami institution of higher education - Quchan, Iran , Saeidi, Hadi Department of Accounting - Shirvan Branch - Islamic Azad University - Shirvan, Iran , Elahi Shirvan, Ghasem Department of Accounting - Shirvan Branch - Islamic Azad University - Shirvan, Iran
Abstract :
Corporate lobbying is one of the most important ways companies, society, and even citizens can directly and legally influence the development and implementation of new laws and regulations. Theoretically, lobbying can be a threat to auditor independence as well. This study investigates the impact of corporate lobbying on board compensation and audit quality. Using a sample of 150 companies listed on the Tehran Stock Exchange over period 2012-2018, the study shows that corporate lobbying has a significant impact on board compensation and audit quality. This is the first study investigating the impact of corporate lobbying on board compensation and audit quality of companies listed on the Tehran Stock Exchange.
Keywords :
Stock returns , Stock Exchange , Auditor tenure , Board Compensation , Corporate Lobbying , Audit quality
Journal title :
Iranian Journal of Accounting, Auditing and Finance (IJAAF)
