Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7340913 | Advances in Accounting | 2011 | 6 Pages |
Abstract
The objectives of this study are to examine whether investing decisions are affected by knowledge about the auditor's revenue dependence on a client and whether the amount spent by a company on audit fees affects decisions to invest in the company. A behavioral experiment is conducted where risk assessments and investing decisions are made for four hypothetical investing scenarios. The study finds that investing decisions are affected by knowledge about an auditor's revenue dependence on a client, but are not affected by knowledge about the size of a client's audit fees.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Arnold Schneider,