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The Association between Client-specific Investment Opportunities and Audit Fees of Industry Specialists
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Seyed ali Vaez   , Babak Abedi sadaghiani , Ashkan Nakhili * 1 |
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Abstract: (10629 Views) |
| The purpose of this study is to investigate the association between client-specific investment opportunities and audit fees of industry specialists among accepted firms of Tehran Stock Exchange. In this study, we use market to book value of equity as the index of client-specific investment opportunities and specialization multiplied by client-specific investment opportunities as the index of fee premiums. In this regard, to explain the association between client-specific investment opportunities and audit fees of industry specialists, two hypotheses are edited. So, the data regarding to the accepted firms of Tehran Stock Exchange is gathered for the period 1385 to 1391 and the combined data regression model is used to test the hypotheses. The results show that the association between client-specific investment opportunities and audit fees of industry specialists is significantly positive. Client-specific investment opportunities, also, significantly affect the fee premiums in negative direction |
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| Keywords: audit fees of specialists, client-specific investment opportunities, fee premiums |
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Full-Text [PDF 720 kb]
(2205 Downloads)
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Type of Study: Applicable |
Subject:
Special
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