Auditor industry specialization, client bargaining power, and audit fees: Further evidence

Auditing

Volumn 26, Issue 1, 2007, Pages 147-158

  Huang, Hua Wei ^a   Liu, Li Lin ^a   Raghunandan, K ^a   Rama, Dasaratha V ^a  

^a FLORIDA INTERNATIONAL UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 42149087641     PISSN: 02780380     EISSN: 15587991     Source Type: Journal    
DOI: 10.2308/aud.2007.26.1.147     Document Type: Article

References (23)

1. Asthana, S., and J. Krishnan. 2006. Factors associated with the early adoption of the SECs revised auditor fee disclosure rules. Auditing: A Journal of Practice & Theory 25 (2): 41-51.
2. Balsam, S., J. Krishnan, and J. S. Yang. 2003. Auditor industry specialization and earnings quality. Auditing: A Journal of Practice & Theory 22 (September): 71-97.
3. Bryan-Low, C. 2003. Accounting firms aim to dispel cloud of corporate fraud. Wall Street Journal (May 27): C1. Carcello, J. V., and A. L. Nagy. 2002. Auditor industry specialization and fraudulent financial reporting. Presented at the Deloitte & Touche University of Kansas Symposium on Auditing Problems, May.
4. Casterella, J., J. Francis, B. Lewis, and P. Walker. 2004. Auditor industry specialization, client bargaining power, and audit pricing. Auditing: A Journal of Practice & Theory 23 (March): 123-141.
5. Craswell, A., J. Francis, and S. Taylor. 1995. Auditor brand name reputations and industry specializations. Journal of Accounting and Economics 20 (December): 297-322.
6. DeFond, M., M. Ettredge, and D. Smith. 1997. An investigation of auditor resignations. Research in Accounting Regulation 11: 25-45.
7. _, J. Francis, and T. Wong. 2000. Auditor industry specialization and market segmentation: Evidence from Hong Kong. Auditing: A. Journal of Practice & Theory 19 (Spring): 49-66.
8. _, and _. 2005. Audit research after Sarbanes-Oxley. Auditing: A Journal of Practice & Theory 24 (Supplement): 5-30.
9. Ferguson, A., J. Francis, and D. Stokes. 2003. The effects of firm-wide and office-level industry expertise on audit pricing. The Accounting Review 78 (April): 429-448.
10. Francis, J., and D. Wang. 2005. Impact of the SECs public foe disclosure requirement on subsequent period fees and implications for market efficiency. Auditing: A Journal of Practice & Theory (Supplement): 145-160.
11. _, K. Reichelt, and D. Wang. 2005. The pricing of national and city-specific reputations for industry expertise in the U.S. audit market. The Accounting Review 80 (January): 113-136.
12. Glater, J. D. 2003. Pricewaterhouse taking a stand, and a big risk. New York Times (January 1): C1.
13. Hindo, B., and I. Sager. 2003. Audit clients get the heave-ho. Business Week (December 1): 7.
14. Mayhew, B., and M. Wilkins. 2003. Audit, firm industry specialization as a differentiation strategy: Evidence from fees charged to firms going public. Auditing: A Journal of Practice & Theory 22 (September): 33-52.
15. Owhoso, V., W. Messier, and J. Lynch. 2002. Error detection by industry-specialized teams during sequential audit review. Journal of Accounting Research 40 (June): 883-900.
16. Palmrose, Z-V. 1986. Audit fees and auditor size: Further evidence. Journal of Accounting Research 24 (Spring): 97-110.
17. Pearson, T., and G. Trompeter. 1994. Competition in the market for audit services: The effect of supplier concentration on audit fees. Contemporary Accounting Research 11: 115-135.
18. Plitch, P., and L. Wei, 2004. Auditor-client breakups rise, while disclosure often lags. Wall Street Journal (August 3): C3.
19. Shu, S. 2000. Auditor resignations: Clientele effects and legal liability. Journal of Accounting & Economics 29 (April): 173-206.
20. Simunic, D., and M. Stein. 1987. Product Differentiation in Auditing: Auditor Choice in the Market for Unseasoned New Issues. Vancouver, Canada: The Canadian Certified General. Accountants' Research Foundation.
21. Taub, S. 2004. Big 4 seen shedding small clients. CFO (September 21): 1.
22. Whisenant, S., S. Sarikaraguruswamy, and K. Raghunandan. 2003. Market reactions to disclosures of reportable events. Auditing: A Journal of Practice & Theory 22 (March): 181-194.
23. Wells, D., and M. Loudder. 1997. The market effects of auditor resignations. Auditing: A Journal of Practice & Theory 16 (Spring): 138-144.