政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/46178

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 111315/142224 (78%)
Visitors : 48368705 Online Users : 794

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大機構典藏 > 商學院 > 會計學系 > 期刊論文 > Item 140.119/46178

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/46178

Title:	Mandatory Audit-Partner Rotation, Audit Quality and Market Perception: Evidence from Taiwan
Authors:	戚務君 Chi, Wuchun;Huang, Huichi;Liao, Yichun;Xie, Hong
Keywords:	Mandatory audit-partner rotation;Auditor-tenure, Audit quality;Perceptions of audit quality
Date:	2009-06
Issue Date:	2010-10-06 11:29:02 (UTC+8)
Abstract:	We examine the effectiveness of mandatory audit-partner rotation in promoting audit quality using audit data in Taiwan where a five-year audit-partner rotation became de facto mandatory in 2004. Using both absolute and signed abnormal accruals and abnormal working capital accruals as proxies for audit quality, we find some evidence that audit quality of companies subject to mandatory audit-partner rotation in 2004 is higher than audit quality of companies not subject to rotation in 2004. However, audit quality of companies subject to mandatory rotation in 2004 is lower than audit quality of these same companies in 2003 under the old audit partners. Furthermore, audit quality of companies subject to mandatory rotation in 2004 is indistinguishable from audit quality of companies whose audit partners were voluntarily rotated before 2003. Therefore, the effect of mandatory audit-partner rotation on audit quality, in terms of auditors constraining management`s extreme income-increasing or extreme income-decreasing accruals, is mixed. In contrast, using earnings response coefficients as a proxy for investor perceptions of audit quality, we consistently find that investors perceive mandatory audit-partner rotation as enhancing audit quality, suggesting that mandatory audit-partner rotation enhances auditor independence in appearance.
Relation:	Contemporary Accounting Research, 26(2), 359-391
Data Type:	article
DOI 連結:	http://dx.doi.org/10.1506/car.26.2.2
DOI:	10.1506/car.26.2.2
Appears in Collections:	[會計學系] 期刊論文

Files in This Item:

File	Description	Size	Format
359391.pdf		255Kb	Adobe PDF2	1495	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...