Title :
A study on audit fees decision making: Evidence from China Stock Market
Author :
Li, Xin ; Zhu, Xiaobo
Author_Institution :
Financial & Accounting Res. Center, Chongqing Univ. of Technol., Chongqing, China
Abstract :
This paper examines the correlating factors of the audit fees in China. By analyzing the data concerning a number of variables representing client size, auditing risks, auditor change and the prestige of auditing firm, a model is developed of the determinants of audit fees. The study confirms that most of the previous research findings are also applicable to the Chinese market, and that audit fees are significantly associated with the complexity of audited firm, the prestige of auditing firm, the board independence, the frequency of board meeting, and auditor change.
Keywords :
auditing; decision making; pricing; risk management; stock markets; China stock market; audit fees decision making; auditing firm; auditing risks; auditor change; board independence; board meeting frequency; client size; Bismuth; Companies; Complexity theory; Correlation; Economics; Pricing; Audit fees; Big 4; auditing risks; auditor change; client size;
Conference_Titel :
Industrial Engineering and Engineering Management (IEEM), 2011 IEEE International Conference on
Conference_Location :
Singapore
Print_ISBN :
978-1-4577-0740-7
Electronic_ISBN :
2157-3611
DOI :
10.1109/IEEM.2011.6118221