Document Type
Article
Publication Date
2012
Publication Title
Accounting and Finance
Volume
Forthcoming
Abstract
This study examines whether independent audit committee members’ board tenure affects audit fees. We find that audit fees are lower for firms with high proportion of long board tenure directors on the independent audit committee than for firms with low proportion of long board tenure directors on the independent audit committee. The results may suggest that auditors price the monitoring effectiveness arising from long board tenure. The results may also suggest that long board tenure audit committee members have a lower demand for audit effort.
DOI
10.1111/j.1467-629X.2012.00490.x
Recommended Citation
Chan, Anthony; Liu, Guoping; and Sun, Jerry. (2012). Independent audit committee members’ board tenure and audit fees. Accounting and Finance, Forthcoming.
https://scholar.uwindsor.ca/odettepub/22
Comments
The article available for download here is a pre-print. The definitive version is forthcoming and will be published in Accounting & Finance, 2012. Copyright (2012) John Wiley & Sons Inc.