Cross‐Listing Audit Fee Premiums: Theory and Evidence
By Jong-Hag Choi, Jeong‐Bon Kim, Xiaohong Liu, D. Simunic. 2009
273 citations recorded by the source corpus.
Subfields: Accounting, Management Information Systems
View Paper: https://www.semanticscholar.org/paper/70db8a6f1fed3a70611b2c1bf0b86f3260c7b96c
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In Accounting
In Management Information Systems
Citations in the corpus
- Assessing Financial Reporting Quality of Family Firms: The Auditors’ Perspective (2015, unknown): “Because litigation risk is a key determinant of audit fees (e.g., Choi et al., 2009; Simunic and Stein, 1996), lower audit fees for family firms might be attributable to lower litigation risk.”
- Do Abnormally High Audit Fees Impair Audit Quality (2010, unknown): “Actual audit fees consist of two parts: (1) normal fees that reflect auditors’ effort costs, litigation risk, and normal profits (Simunic 1980; Choi et al. 2008, 2009) and (2) abnormal fees that are specific to an auditor–client relationship (Higgs and Skantz 2006).”
- Admitting Mistakes: Home Country Effect on the Reliability of Restatement Reporting (2015, background): “Auditors of firms listed in the US face higher litigation risk than those in other countries (La Porta et al. 2006; Choi et al. 2009), and monitoring by the Public Company Accounting Oversight Board (PCAOB), which can lead to a superior audit effort.”
- IFRS reporting, firm-specific information flows, and institutional environments: international evidence (2012, unknown): “exchanges causes cross-listed firms to voluntarily subject themselves to a more stringent legal liability and enforcement regime, in addition to a stronger disclosure regime (Doidge et al. 2004; Choi et al. 2009).”
- Influential Observations and Inference in Accounting Research (2019, unknown): “Choi et al. (2009): “Unless otherwise specified, all of the regressions are estimated after removing outliers that have a Cook’s (1977) distance value greater than 4/(sample size).”
- The Effect of China's Weak Institutional Environment on the Quality of Big 4 Audits (2015, unknown): “Another difference is that Seetharaman et al. (2002) and Choi et al. (2009) examine audit fees only.”
- Endogeneity - how failure to correct for it can cause wrong inferences and some remedies (2015, unknown): “Although studies that investigate the evidence of a US cross-listing premium for audits are as yet sparse, they tend to agree that such a premium exists (Seetharaman et al ., 2002; Choi et al. , 2009).”