کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5110064 1377735 2017 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The effect of intrafamily agency conflicts on audit demand in private family firms: The moderating role of the board of directors
ترجمه فارسی عنوان
اثر درگیری های آژانس بین خانوادگی در تقاضای حسابرسی در شرکت های خانوادگی خصوصی: نقش مدون هیئت مدیره
کلمات کلیدی
تقاضای حسابرسی، شرکت های خانوادگی خصوصی، درگیری های درونی خانوادگی، انسجام خانوادگی، هیئت مدیره،
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
چکیده انگلیسی

While the value of external audits was long considered to be minimal for private family firms, some exceptional studies indicate that external audits are demanded by these firms to reduce the agency conflicts between family and non-family members. Using a sample of Belgian private family firms, this study empirically shows that (high quality) auditors are also hired to mitigate agency conflicts among family members. Since these intrafamily agency conflicts are mainly based on emotions instead of economically rational behavior and are therefore difficult to grasp by compositional proxies, they are identified by the level of family cohesion. Moreover, this study shows that the monitoring effectiveness of the board of directors weakens the association between the level of intrafamily agency conflicts and audit (quality) demand, indicating that the audit demand effect of intrafamily agency conflicts decreases when family firms are able to reduce the related agency costs internally.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Family Business Strategy - Volume 8, Issue 1, March 2017, Pages 13-28
نویسندگان
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