Quality-differentiated Auditors, Block-holders and Monitoring Mechanisms

The Relationship between Block Holders and Firm Dividend Policy

Block holders have significant impacts on the firm’s policies, especially strategies regarding the payout policy. The purpose of this study is to investigate the relationship between ownership structure and firm dividend policy considering the role of block investors in the companies listed on the Tehran Stock Exchange (TSE). We selected 37 public listed companies with state block holders and m...

The drivers of audit quality: auditors’ perceptions

Exploring Mechanisms to Overcome Economic Disincentives to Rights Holders

Explaining why he had founded I . & magazine in 1936, Henry Luce said, 'To see life; to see the world; to eyewitness great events; to watch the faces of the poor and the gestures of the proud; to see strange things machines, armies, multitudes, shadows in the jungle and on the moon; to see things thousands of miles away, things hidden behind walls, things dangerous to come to; to see and to tak...

Auditors ’ Reliance

The purpose of the current study is to examine the degree of reliance external auditors are willing to place on the work of the internal audit function (IAF) when the IAF's objectivity might be compromised. Experienced external auditors (N = 142) participated in a 2 (reporting relationship: audit committee of the board of directors [ACBOD] or chief finance officer [CFO]) by 2 (IAF involvement i...

Are large auditors more accurate than small auditors ?

.•\bstract—Theoretical research suggests that large auditors have more incentive to issue accurate reports compared to small auditors (DeAngelo. 1981; Dye, 1993). Controiling for the client characteristics of large and small auditors, this paper shows that large auditors issue reports that are more accurate and more informative signals of financial distress. These findings are consistent with t...