Corporative governance and ownership structure factors and their influence on audit fees
The objective of this article was to investigate the influence of corporate governance and ownership structure on independent audit fees in companies listed in B3. The data collection comprised the period from 2012 to 2014, and 214 firms. The results allow to infer that there is a relationship betwe...
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Universidade Federal de Santa Catarina
2019-10-01
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Online Access: | https://periodicos.ufsc.br/index.php/contabilidade/article/view/52405 |
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doaj-b19ebe608246464d88f0ad04f43488912020-11-25T02:19:50ZporUniversidade Federal de Santa CatarinaRevista Contemporânea de Contabilidade1807-18212175-80692019-10-01163932310.5007/2175-8069.2019v16n39p332516Corporative governance and ownership structure factors and their influence on audit feesAline Rúbia Ferraz de FreitasRaimundo Nonato RodriguesLuiz Carlos Marques dos AnjosThe objective of this article was to investigate the influence of corporate governance and ownership structure on independent audit fees in companies listed in B3. The data collection comprised the period from 2012 to 2014, and 214 firms. The results allow to infer that there is a relationship between corporate governance factors and property structure with independent audit fees. We conclude that corporate governance and ownership structure influence the fees of independent auditors, where companies that have better governance practices generate more controls to be audited, increasing costs with independent auditing. On the other hand, companies with a high degree of concentration of ownership, characterized by greater ease of agency conflicts, tend to have fewer controls, consequently with less data to be audited, and it is easier for the majority shareholder to prevail its own Thereby reducing costs with independent auditing.https://periodicos.ufsc.br/index.php/contabilidade/article/view/52405honorários de auditoriaestrutura de propriedadegovernança corporativa |
collection |
DOAJ |
language |
Portuguese |
format |
Article |
sources |
DOAJ |
author |
Aline Rúbia Ferraz de Freitas Raimundo Nonato Rodrigues Luiz Carlos Marques dos Anjos |
spellingShingle |
Aline Rúbia Ferraz de Freitas Raimundo Nonato Rodrigues Luiz Carlos Marques dos Anjos Corporative governance and ownership structure factors and their influence on audit fees Revista Contemporânea de Contabilidade honorários de auditoria estrutura de propriedade governança corporativa |
author_facet |
Aline Rúbia Ferraz de Freitas Raimundo Nonato Rodrigues Luiz Carlos Marques dos Anjos |
author_sort |
Aline Rúbia Ferraz de Freitas |
title |
Corporative governance and ownership structure factors and their influence on audit fees |
title_short |
Corporative governance and ownership structure factors and their influence on audit fees |
title_full |
Corporative governance and ownership structure factors and their influence on audit fees |
title_fullStr |
Corporative governance and ownership structure factors and their influence on audit fees |
title_full_unstemmed |
Corporative governance and ownership structure factors and their influence on audit fees |
title_sort |
corporative governance and ownership structure factors and their influence on audit fees |
publisher |
Universidade Federal de Santa Catarina |
series |
Revista Contemporânea de Contabilidade |
issn |
1807-1821 2175-8069 |
publishDate |
2019-10-01 |
description |
The objective of this article was to investigate the influence of corporate governance and ownership structure on independent audit fees in companies listed in B3. The data collection comprised the period from 2012 to 2014, and 214 firms. The results allow to infer that there is a relationship between corporate governance factors and property structure with independent audit fees. We conclude that corporate governance and ownership structure influence the fees of independent auditors, where companies that have better governance practices generate more controls to be audited, increasing costs with independent auditing. On the other hand, companies with a high degree of concentration of ownership, characterized by greater ease of agency conflicts, tend to have fewer controls, consequently with less data to be audited, and it is easier for the majority shareholder to prevail its own Thereby reducing costs with independent auditing. |
topic |
honorários de auditoria estrutura de propriedade governança corporativa |
url |
https://periodicos.ufsc.br/index.php/contabilidade/article/view/52405 |
work_keys_str_mv |
AT alinerubiaferrazdefreitas corporativegovernanceandownershipstructurefactorsandtheirinfluenceonauditfees AT raimundononatorodrigues corporativegovernanceandownershipstructurefactorsandtheirinfluenceonauditfees AT luizcarlosmarquesdosanjos corporativegovernanceandownershipstructurefactorsandtheirinfluenceonauditfees |
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