메뉴 건너뛰기




Volumn 57, Issue 9, 2004, Pages 976-983

The role of institutional ownership in the market for auditing services: An empirical investigation

Author keywords

Audit quality; Auditing; Corporate governance; Institutional ownership

Indexed keywords


EID: 4043118419     PISSN: 01482963     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0148-2963(02)00499-X     Document Type: Article
Times cited : (97)

References (25)
  • 1
    • 0001103196 scopus 로고
    • Patterns of institutional investment, prudence, and the managerial "safety-net" hypothesis
    • December
    • Badrinath S.G. Gay G.D. Kale J.R. Patterns of institutional investment, prudence, and the managerial "safety-net" hypothesis Journal of Risk and Insurance 56 December 1989 605-629
    • (1989) Journal of Risk and Insurance , vol.56 , pp. 605-629
    • Badrinath, S.G.1    Gay, G.D.2    Kale, J.R.3
  • 3
    • 0032116927 scopus 로고    scopus 로고
    • The influence of institutional investors on myopic R-D investment behavior
    • July
    • Bushee B.J. The influence of institutional investors on myopic R-D investment behavior Account. Rev. 73 July 1998 305-334
    • (1998) Account. Rev. , vol.73 , pp. 305-334
    • Bushee, B.J.1
  • 4
    • 0031507615 scopus 로고    scopus 로고
    • Management forecasts and information asymmetry: An examination of bid-ask spreads
    • Autumn
    • Coller M. Yohn T.L. Management forecasts and information asymmetry: an examination of bid-ask spreads J. Account. Res. 35 Autumn 1997 181-191
    • (1997) J. Account. Res. , vol.35 , pp. 181-191
    • Coller, M.1    Yohn, T.L.2
  • 5
    • 0001206613 scopus 로고
    • Auditor brand name reputations and industry specializations
    • Craswell A.T. Francis J.R. Taylor S.L. Auditor brand name reputations and industry specializations J. Account. Econ. 20 1995 297-322
    • (1995) J. Account. Econ. , vol.20 , pp. 297-322
    • Craswell, A.T.1    Francis, J.R.2    Taylor, S.L.3
  • 6
    • 2542451382 scopus 로고
    • Auditor size and audit quality
    • DeAngelo L.E. Auditor size and audit quality J. Account. Econ. 3 1981 183-199
    • (1981) J. Account. Econ. , vol.3 , pp. 183-199
    • DeAngelo, L.E.1
  • 7
    • 0002522505 scopus 로고
    • The association between changes in client firm agency costs and auditor switching
    • Spring
    • DeFond M.L. The association between changes in client firm agency costs and auditor switching Audit. J. Pract. Theory 11 Spring 1992 16-31
    • (1992) Audit. J. Pract. Theory , vol.11 , pp. 16-31
    • DeFond, M.L.1
  • 8
    • 0038743519 scopus 로고    scopus 로고
    • Auditor industry specialization and market segmentation: Evidence from Hong Kong
    • Spring
    • DeFond M.L. Francis J.R. Wong T.J. Auditor industry specialization and market segmentation: evidence from Hong Kong Audit. J. Pract. Theory 19 Spring 2000 49-66
    • (2000) Audit. J. Pract. Theory , vol.19 , pp. 49-66
    • DeFond, M.L.1    Francis, J.R.2    Wong, T.J.3
  • 9
    • 84942585214 scopus 로고
    • Disclosure, liquidity, and the cost of capital
    • September
    • Diamond D.W. Verrecchia R.E. Disclosure, liquidity, and the cost of capital J. Finance 46 September 1991 1325-1359
    • (1991) J. Finance , vol.46 , pp. 1325-1359
    • Diamond, D.W.1    Verrecchia, R.E.2
  • 10
    • 0002472705 scopus 로고
    • Disposition of auditor-detected errors: Some evidence on evaluative materiality
    • Spring
    • Icerman R.C. Hillison W.A. Disposition of auditor-detected errors: some evidence on evaluative materiality Audit. J. Pract. Theory 10 Spring 1991 22-34
    • (1991) Audit. J. Pract. Theory , vol.10 , pp. 22-34
    • Icerman, R.C.1    Hillison, W.A.2
  • 11
    • 44649197264 scopus 로고
    • Theory of the firm: Managerial behavior, agency costs and ownership structure
    • October
    • Jensen M.C. Meckling W.H. Theory of the firm: managerial behavior, agency costs and ownership structure J. Financ. Econ. 3 October 1976 305-360
    • (1976) J. Financ. Econ. , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.H.2
  • 12
    • 0011088442 scopus 로고
    • Additional evidence on equity ownership and corporate value
    • October
    • McConnell J.J. Servaes H. Additional evidence on equity ownership and corporate value J. Financ. Econ. 27 October 1990 595-612
    • (1990) J. Financ. Econ. , vol.27 , pp. 595-612
    • McConnell, J.J.1    Servaes, H.2
  • 13
    • 0004000308 scopus 로고    scopus 로고
    • Does coordinated institutional shareholder activism work? An analysis of the activities of the Council of Institutional Investors
    • Working Paper, The Ohio State University and Southern Methodist University
    • Opler T.C., Sokobin J.S. Does coordinated institutional shareholder activism work? An analysis of the activities of the Council of Institutional Investors. Working Paper, The Ohio State University and Southern Methodist University, 1997.
    • (1997)
    • Opler, T.C.1    Sokobin, J.S.2
  • 14
    • 43949157366 scopus 로고
    • Earnings management preceding management buyout offers
    • September
    • Perry S.E. Williams T.H. Earnings management preceding management buyout offers J. Account. Econ. 18 September 1994 157-179
    • (1994) J. Account. Econ. , vol.18 , pp. 157-179
    • Perry, S.E.1    Williams, T.H.2
  • 15
    • 84990341323 scopus 로고    scopus 로고
    • Demand for audit quality: The case of Laventhol and Horwath's auditees
    • Spring
    • Reed B.J. Trombley M.A. Dhaliwal D.S. Demand for audit quality: the case of Laventhol and Horwath's auditees J. Account. Audit. Financ. 15 Spring 1999 183-198
    • (1999) J. Account. Audit. Financ. , vol.15 , pp. 183-198
    • Reed, B.J.1    Trombley, M.A.2    Dhaliwal, D.S.3
  • 16
    • 84978558081 scopus 로고
    • An exploration into bankruptcy discriminant model sensitivity
    • Summer
    • Richardson F. Davidson L.F. An exploration into bankruptcy discriminant model sensitivity J. Bus. Finance Account. 10 Summer 1983 195-207
    • (1983) J. Bus. Finance Account. , vol.10 , pp. 195-207
    • Richardson, F.1    Davidson, L.F.2
  • 17
    • 0039120739 scopus 로고    scopus 로고
    • Shareholder activism by institutional investors: Evidence from CALpers
    • March
    • Smith M.P. Shareholder activism by institutional investors: evidence from CALpers J. Finance 51 March 1996 227-252
    • (1996) J. Finance , vol.51 , pp. 227-252
    • Smith, M.P.1
  • 18
    • 0000108948 scopus 로고
    • Perceived auditor quality and the earnings response coefficient
    • April
    • Teoh S.H. Wong T.J. Perceived auditor quality and the earnings response coefficient Account. Rev. 68 April 1993 346-366
    • (1993) Account. Rev. , vol.68 , pp. 346-366
    • Teoh, S.H.1    Wong, T.J.2
  • 19
    • 4043099354 scopus 로고
    • Nine concerns named by Big Pension Fund as underperformers
    • February 3
    • The Wall Street Journal. Nine concerns named by Big Pension Fund as underperformers, February 3, 1995a.
    • (1995) The Wall Street Journal
  • 20
    • 54049097246 scopus 로고
    • CALpers to vote against Board of Phillip Morris
    • April 14
    • The Wall Street Journal. CALpers to vote against Board of Phillip Morris, April 14, 1995b.
    • (1995) The Wall Street Journal
  • 21
    • 4043139006 scopus 로고    scopus 로고
    • Law - Legal beat: CALpers wins a lead role in suit over Grace's severance packages
    • September 12
    • The Wall Street Journal. Law - Legal beat: CALpers wins a lead role in suit over Grace's severance packages, September 12, 1996a.
    • (1996) The Wall Street Journal
  • 22
    • 54049128621 scopus 로고    scopus 로고
    • Economy: Some big AT-T holders to withhold support for board to support CEO's pay
    • April 16
    • The Wall Street Journal. Economy: some big AT-T holders to withhold support for board to support CEO's pay, April 16, 1996b.
    • (1996) The Wall Street Journal
  • 23
    • 54049108633 scopus 로고    scopus 로고
    • CALpers targets Apple, Reebok, others in its latest list of worst performers
    • February 11
    • The Wall Street Journal. CALpers targets Apple, Reebok, others in its latest list of worst performers, February 11, 1997.
    • (1997) The Wall Street Journal
  • 24
    • 0030554346 scopus 로고    scopus 로고
    • Pension fund activism and firm performance
    • March
    • Wahal S. Pension fund activism and firm performance J. Financ. Quant. Anal. 31 March 1996 1-23
    • (1996) J. Financ. Quant. Anal. , vol.31 , pp. 1-23
    • Wahal, S.1
  • 25
    • 84984199207 scopus 로고
    • Disclosure policy, information asymmetry, and liquidity in equity markets
    • Spring
    • Welker M. Disclosure policy, information asymmetry, and liquidity in equity markets Contemp. Account. Res. 11 Spring 1995 801-827
    • (1995) Contemp. Account. Res. , vol.11 , pp. 801-827
    • Welker, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.