Managerial Ownership, Corporate Monitoring and Audit Pricing

• Main Authors: HAN, Soongsoo (Sam), Higgs, Julia, Kang, Tony
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2008
• 主題: Business Law, Public Responsibility, and Ethics; Corporate Finance
• 在線閱讀: https://ink.library.smu.edu.sg/soa_research_smu/7; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1006&context=soa_research_smu
• 機構: Singapore Management University

We study whether managerial ownership and corporate monitoring (board quality and analyst coverage) relate to audit pricing. Managerial ownership has been identified as a fraud risk factor under SAS 99. However, the role of ownership is not clear. Under an alignment view, high levels of stock owners...