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- W1510852421 abstract "Purpose – The purpose of this study is to investigate whether hiring a high-quality auditor (i.e. industry specialist) depends on corporate governance indicators after controlling a different level of agency conflicts (ACs). Design/methodology/approach – This paper uses logistic regressions on 12,449 firm-year samples of Taiwanese public companies from 1998 to 2011 by grouping the samples into three categories (i.e. low, medium and high AC). Findings – The results show that the corporate governance indicators can explain the decision of auditor selection only in low and medium AC groups, which suggest that there may be a complementary relationship between external (i.e. auditors) and internal governance when the ACs are mild. Originality/value – The paper contributes to the ongoing debate between the complementary and substitutable effects. When the internal ACs are controlled, the internal governance and auditor selection are complemented." @default.
- W1510852421 created "2016-06-24" @default.
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- W1510852421 date "2014-07-29" @default.
- W1510852421 modified "2023-10-16" @default.
- W1510852421 title "Role of auditor in agency conflict and corporate governance" @default.
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- W1510852421 doi "https://doi.org/10.1108/cms-09-2012-0126" @default.
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