Corporate Governance, Business Complementarity and Audit Quality
碩士 === 東海大學 === 會計學系 === 95 === Corporate governance is a hot issue in the world. Business complementarity is a new business model in sustaining competitive advantage. Designing mechanisms for corporate governance will increase CPAs’ audit quality, but enhancing business complementarity will induce...
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ndltd-TW-095THU003850122015-10-13T16:41:23Z http://ndltd.ncl.edu.tw/handle/60696730591086763231 Corporate Governance, Business Complementarity and Audit Quality 公司治理、商業互補與審計品質 Chinghow Wang 王敬皓 碩士 東海大學 會計學系 95 Corporate governance is a hot issue in the world. Business complementarity is a new business model in sustaining competitive advantage. Designing mechanisms for corporate governance will increase CPAs’ audit quality, but enhancing business complementarity will induce an adverse effect. This paper studies the effects of corporate governance, focusing ownership structure and characteristics of board, on the association between business complementarity and audit quality. The results can be used to examing the effects of corporate governance in Taiwan. Business complementarity is measured by current liabilities over total asset and sales over total sales. Audit quality is measured by discretionary accruals. We find that increasing members in board will mitigate business complementarity to harm CPAs’ audit quality. However, if controlling shareholders have large control rights and control and cash flow rights of controlling shareholders are divergent, business complementarity will exacerbate to harm audit quality. The results indicate that the corporate governance mechanisms had obvious effects in Taiwan, but the mechanism of outside director still need to be improved. Ente Hsu 許恩得 2007 學位論文 ; thesis 38 zh-TW |
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碩士 === 東海大學 === 會計學系 === 95 === Corporate governance is a hot issue in the world. Business complementarity is a new business model in sustaining competitive advantage. Designing mechanisms for corporate governance will increase CPAs’ audit quality, but enhancing business complementarity will induce an adverse effect. This paper studies the effects of corporate governance, focusing ownership structure and characteristics of board, on the association between business complementarity and audit quality. The results can be used to examing the effects of corporate governance in Taiwan. Business complementarity is measured by current liabilities over total asset and sales over total sales. Audit quality is measured by discretionary accruals. We find that increasing members in board will mitigate business complementarity to harm CPAs’ audit quality. However, if controlling shareholders have large control rights and control and cash flow rights of controlling shareholders are divergent, business complementarity will exacerbate to harm audit quality. The results indicate that the corporate governance mechanisms had obvious effects in Taiwan, but the mechanism of outside director still need to be improved.
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Ente Hsu |
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Ente Hsu Chinghow Wang 王敬皓 |
author |
Chinghow Wang 王敬皓 |
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Chinghow Wang 王敬皓 Corporate Governance, Business Complementarity and Audit Quality |
author_sort |
Chinghow Wang |
title |
Corporate Governance, Business Complementarity and Audit Quality |
title_short |
Corporate Governance, Business Complementarity and Audit Quality |
title_full |
Corporate Governance, Business Complementarity and Audit Quality |
title_fullStr |
Corporate Governance, Business Complementarity and Audit Quality |
title_full_unstemmed |
Corporate Governance, Business Complementarity and Audit Quality |
title_sort |
corporate governance, business complementarity and audit quality |
publishDate |
2007 |
url |
http://ndltd.ncl.edu.tw/handle/60696730591086763231 |
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