skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

The Relationship between Audit Committee Effectiveness and Audit Fees: Insights from Indonesia

The Journal of Asian finance, economics, and business, 2020-07, Vol.7 (7), p.179-185 [Peer Reviewed Journal]

COPYRIGHT(C) KYOBO BOOK CENTRE ALL RIGHTS RESERVED ;ISSN: 2288-4637 ;EISSN: 2288-4645

Full text available

Citations Cited by
  • Title:
    The Relationship between Audit Committee Effectiveness and Audit Fees: Insights from Indonesia
  • Author: JANUARTI, Indira ; DARSONO, Darsono ; CHARIRI, Anis
  • Is Part Of: The Journal of Asian finance, economics, and business, 2020-07, Vol.7 (7), p.179-185
  • Description: This study examines the relationship between the effectiveness of an audit committee and the amount of audit fees. The sample consists of 130 manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2016-2017. Data are obtained from the IDX and company's annual reports. The effectiveness of an audit committee is measured by independent audit committee size, frequency of audit committee meetings, and expertise of the audit committee. Results show first that the size of the independent audit committee has a positive effect on audit fees. This finding suggests that an increase in the number of independent audit committee members produces a higher quality of reporting, and so they tend to choose a reputable public accountant. Second, the frequency of its meetings has positive effects on audit fees. It suggests that the more effective the supervision of the committee to improve audit quality, the higher the audit fees to be paid. However, this study fails to provide evidence that the expertise of the audit committee affects audit fees. The result of this study suggests that the audit committee tends to adopt the demand approach based on the reputation of the public accounting firm accountant firm in determining the amount of audit fees.
  • Publisher: 한국유통과학회
  • Language: Korean
  • Identifier: ISSN: 2288-4637
    EISSN: 2288-4645
  • Source: Alma/SFX Local Collection
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait