Title of article
Management Characteristics and Audit Opinion Shopping
Author/Authors
Seifzadeh, Maryam Department of Economics and Administrative Sciences - Islamic Azad University, Qeshm , Salehi, Mahdi Department of Economics and Administrative Sciences- Ferdowsi University of Mashhad, Mashhad , Abedini, Bizhan Department of Economics and Administrative Sciences - Hormozgan University, Hormozgan , Khanmohammadi, Mohammad Hamed Department: Economics and Administrative Sciences - Islamic Azad University, Damavand , Ranjbar, Mohammad Hossein Department of Economics and Administrative Sciences - Islamic Azad University, Bandar Abbas
Pages
23
From page
77
To page
99
Abstract
The present study assesses the relationship between management characteristics (management entrenchment, narcissism, CEO overconfidence, board effort, real and accrual-based earnings management) and audit opinion shopping in the Tehran Stock Exchange-listed firms. In other words, this paper seeks to answer the question whether management characteristics can exert a favourable effect on audit opinion shopping or not. For this study, the multivariate regression model is used for hypothesis testing. Research hypotheses are examined using a sample of 1309 observations on the Tehran Stock Exchange during 2012-2018 and by employing the panel data-based multivariate regression and fixed-effects model. The results show a negative and significant relationship between management entrenchment and managers' overconfidence and audit opinion shopping. A positive and meaningful relationship was observed between management narcissism, real and accrual-based earnings management, and board effort and audit opinion shopping.
Keywords
Management Entrenchment , CEO Overconfidence , Real and Accrual-based Earnings Management , Audit Opinion Shopping , Board Effort
Journal title
Iranian Journal of Accounting, Auditing and Finance (IJAAF)
Serial Year
2021
Record number
2697122
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