Nonaudit services purchases, audit committee effectiveness and investment opportunity set.

This study examines the extent to which effective audit committees limit the level of nonaudit services purchased from the firms’ external auditors. We hypothesize that thenegative association between audit committee effectiveness and nonaudit services purchases is moderated by the investment opport...

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Bibliographic Details
Main Authors: Goh, Yee Chung., Tan, Shu Hong., Too, Shu Zhen.
Other Authors: Ng, Terence Bu Peow
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/8968
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Institution: Nanyang Technological University
Description
Summary:This study examines the extent to which effective audit committees limit the level of nonaudit services purchased from the firms’ external auditors. We hypothesize that thenegative association between audit committee effectiveness and nonaudit services purchases is moderated by the investment opportunity set of the firm.