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
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)
