| CPA-Firm Merger: An Investigation of Audit Quality | |
|---|---|
| 學年 | 99 |
| 學期 | 1 |
| 出版（發表）日期 | 2011-01-01 |
| 作品名稱 | CPA-Firm Merger: An Investigation of Audit Quality |
| 作品名稱（其他語言） | |
| 著者 | Wang, Tay-Chang; Liu, Chia-Wen; Chang, Chien-Heng Jennifer |
| 單位 | 淡江大學會計學系 |
| 出版者 | Abingdon: Routledge |
| 著錄名稱、卷期、頁數 | European Accounting Review 20(4), pp.727-761 |
| 摘要 | It would be interesting to know how the theories and hypotheses in auditing developed for a mature economy work in an emerging market. This paper uses the merger of Diwan, Ernst & Young and J.T. Lai & Co., CPAs in Taiwan in 2000 as a target to study the effects of a CPA-firm merger on audit quality, measured by discretionary accruals. Diwan, Ernst & Young and J.T. Lai & Co., CPAs belonged to Big 5 and non-Big 5 CPA firms in Taiwan, respectively, before they merged. The magnitudes of the increased size and reputation caused by the merger are different between the two firms. Therefore, we also analyse whether the merger has different effects on audit quality of these two firms. The empirical evidence shows that after the merger, the discretionary accruals of the two firms' clients significantly decrease. In addition, the magnitude of the change is greater for the clients of J.T. Lai & Co., CPAs than for those of Diwan, Ernst & Young. The results are consistent with predictions of both size and reputation effect hypotheses. |
| 關鍵字 | |
| 語言 | en |
| ISSN | 0963-8180; 1468-4497 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI |
| 產學合作 | |
| 通訊作者 | Liu, Chia-Wen |
| 審稿制度 | |
| 國別 | GBR |
| 公開徵稿 | |
| 出版型式 | 紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/73653 ) |
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