Audit pricing, legal liability regimes, and big 4 premiums: Theory and cross-country evidence

By Jong-Hag Choi, Jeong‐Bon Kim, Xiaohong Liu, D. Simunic. 2008

594 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/27dea333c8bb22418cb11e7eb4292bc875a60373

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Citations in the corpus

Accounting and corruption: a cross‐country analysis (2010, background): “Choi et al. (2008), McMeeking et al. (2003), Francis (1984), Firth (1985), and DeFond et al. (2000) show a Big Four audit premium in the UK, Australia, New Zealand, and Hong Kong, respectively.”
The Impact of Regulation on Auditor Fees: Evidence from the Sarbanes-Oxley Act (2009, unknown): “Finally, Choi et al. (2008) argue that the Big 4 fee premium decreases as the legal regime”
Audit Quality: Insights from the Academic Literature (2013, result): “Similar results have been found with respect to fee premiums for auditors who are industry specialists (Craswell et al. 1995; Seethamaran et al. 2002; Balsam et al. 2003; Ferguson et al. 2003; Krishnan 2003b; Francis et al. 2005; Ferguson et al. 2006; Basioudis and Francis 2007; Carson and Fargher 2”
The Effect of China's Weak Institutional Environment on the Quality of Big 4 Audits (2015, unknown): “Choi et al. (2008) use audit fees, whereas Francis and Wang (2008) use signed abnormal accruals.”
Seeing is believing? Executives' facial trustworthiness, auditor tenure, and audit fees (2020, unknown): “Moreover, we include BIG4 as a control variable because Big 4 audit firms tend to charge a higher audit fee for their superior audit quality (Choi et al., 2008).”
Financial credibility, ownership, and financing constraints in private firms (2011, unknown): “(5)The question of whether country-level institutions and firm-level governance mechanisms such as auditing are primarily substitutes or primarily complements is discussed further in Choi et al. (2008), Francis and”
Foreign institutional ownership and auditor choice: Evidence from worldwide institutional ownership (2018, background): “, 1998), greater credibility of earnings news (Teoh & Wong, 1993), higher audit fees (Choi et al., 2008), more informative voluntary disclosure policies (Ball et al.”
Audit Office Size, Audit Quality and Audit Pricing (2010, methodology): “Consistent with this view, the extant audit pricing models, developed first by Simunic (1980) and further extended by Choi et al. (2008), predict 10 Large audit firms may be in a better position to maintain homogenous service quality across local practice offices using various features of internal…”
Do Abnormally High Audit Fees Impair Audit Quality (2010, unknown): “All the coefficients of the aforementioned variables are expected to be positive (Simunic 1980; Choi et al. 2008).”
Linear valuation without OLS: the Theil-Sen estimation approach (2014, unknown): “…have not left much of a trace in the published accounting literature; the main alternative to OLS has been LAD.18 Parts of this research do not relate to valuation settings (e.g., Chen et al. 2008; Choi et al. 2008), but at least two papers do—Basu and Markov (2004) and Hughes et al. (2008).”