Title of article
Audit Quality, Risk-Taking, and Value Creation: Iranian Evidence
Author/Authors
Lari Dasht Bayaz, Mahmoud Faculty of Economics and Business Administration - Ferdowsi University of Mashhad - Mashhad, Iran , Hassanpour, Marziyeh Faculty of Economics and Business Administration - Ferdowsi University of Mashhad - Mashhad, Iran
Pages
15
From page
97
To page
111
Abstract
The present study aims to evaluate the relationship between audit quality, risk-taking, and value creation. The population under study is the listed companies on the Tehran Stock Exchange. The study covers 1764 company-year from 2005-2016. This study is based on the panel data and multivariate regression method. Fixed and random effects methods employed to estimate the regression. In this paper, five components of audit quality, including auditor specialization, tenure, audit firm size, ownership concentration, and the percentage of unbounded board members, were studied. The results indicate that only tenure and ownership concentration has a significant relationship with companies' value creation among these five components and the risk factor.
Keywords
value creation , risk-taking , audit quality
Journal title
Iranian Journal of Accounting, Auditing and Finance (IJAAF)
Serial Year
2019
Record number
2623284
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