메뉴 건너뛰기




Volumn 29, Issue 4, 2012, Pages 1171-1203

Audit Market Concentration and Auditor Tolerance for Earnings Management

Author keywords

[No Author keywords available]

Indexed keywords


EID: 84871432637     PISSN: 08239150     EISSN: 19113846     Source Type: Journal    
DOI: 10.1111/j.1911-3846.2011.01144.x     Document Type: Article
Times cited : (121)

References (47)
  • 1
    • 18944370513 scopus 로고    scopus 로고
    • The effects of accelerated revenue recognition on earnings management and earnings informativeness
    • Altamuro, J., A. Beatty, and J. Weber 2005. The effects of accelerated revenue recognition on earnings management and earnings informativeness. The Accounting Review80 (2): 373-401.
    • (2005) The Accounting Review , vol.80 , Issue.2 , pp. 373-401
    • Altamuro, J.1    Beatty, A.2    Weber, J.3
  • 3
    • 0043076255 scopus 로고    scopus 로고
    • Do nonaudit services compromise auditor independence? Further evidence
    • Ashbaugh, H., R. LaFond, and B. Mayhew 2003. Do nonaudit services compromise auditor independence? Further evidence. The Accounting Review78 (3): 611-39.
    • (2003) The Accounting Review , vol.78 , Issue.3 , pp. 611-639
    • Ashbaugh, H.1    LaFond, R.2    Mayhew, B.3
  • 4
    • 33745328346 scopus 로고    scopus 로고
    • The role of accruals asymmetrically timely gaand loss recognition
    • Ball, R., and L. Shivakumar 2006. The role of accruals asymmetrically timely gaand loss recognition. Journal of Accounting Research44 (2): 207-42.
    • (2006) Journal of Accounting Research , vol.44 , Issue.2 , pp. 207-242
    • Ball, R.1    Shivakumar, L.2
  • 5
    • 0036267630 scopus 로고    scopus 로고
    • The rewards to meeting or beating earnings expectations
    • Bartov, E., D. Givoly, and C. Hayn 2002. The rewards to meeting or beating earnings expectations. Journal of Accounting and Economics33 (2): 173-204.
    • (2002) Journal of Accounting and Economics , vol.33 , Issue.2 , pp. 173-204
    • Bartov, E.1    Givoly, D.2    Hayn, C.3
  • 8
    • 0031498155 scopus 로고    scopus 로고
    • Earnings management to avoid earnings decreases and losses
    • Burgstahler, D., and I. Dichev 1997. Earnings management to avoid earnings decreases and losses. Journal of Accounting and Economics24 (1): 99-126.
    • (1997) Journal of Accounting and Economics , vol.24 , Issue.1 , pp. 99-126
    • Burgstahler, D.1    Dichev, I.2
  • 10
    • 33745292267 scopus 로고    scopus 로고
    • Audit partner tenure and audit quality
    • Carey, P., and R. Simnett 2006. Audit partner tenure and audit quality. The Accounting Review81 (3): 653-76.
    • (2006) The Accounting Review , vol.81 , Issue.3 , pp. 653-676
    • Carey, P.1    Simnett, R.2
  • 11
    • 0036026434 scopus 로고    scopus 로고
    • Shredded reputation: The cost of audit failure
    • Chaney, P., and K. Philipich 2002. Shredded reputation: The cost of audit failure. Journal of Accounting Research40 (4): 1221-45.
    • (2002) Journal of Accounting Research , vol.40 , Issue.4 , pp. 1221-1245
    • Chaney, P.1    Philipich, K.2
  • 12
    • 0040825417 scopus 로고
    • Long-term trends towards seller concentration the US audit market
    • Danos, P., and J. Eichenseher 1986. Long-term trends towards seller concentration the US audit market. The Accounting Review61 (4): 633-50.
    • (1986) The Accounting Review , vol.61 , Issue.4 , pp. 633-650
    • Danos, P.1    Eichenseher, J.2
  • 13
    • 76249128977 scopus 로고    scopus 로고
    • Auditor tenure and the ability to meet or beat earnings forecasts
    • Davis, L., B. Soo, and G. Trompeter 2009. Auditor tenure and the ability to meet or beat earnings forecasts. Contemporary Accounting Research26 (2): 517-48.
    • (2009) Contemporary Accounting Research , vol.26 , Issue.2 , pp. 517-548
    • Davis, L.1    Soo, B.2    Trompeter, G.3
  • 15
    • 70350430873 scopus 로고    scopus 로고
    • Perceived competition, profitability and the withholding of information about sales and the cost of sales
    • Dedman, E., and C. Lennox 2009. Perceived competition, profitability and the withholding of information about sales and the cost of sales. Journal of Accounting and Economics48 (2-3): 210-30.
    • (2009) Journal of Accounting and Economics , vol.48 , Issue.2-3 , pp. 210-230
    • Dedman, E.1    Lennox, C.2
  • 16
    • 84871449289 scopus 로고    scopus 로고
    • The geography of SEC enforcement and auditor reporting for financially distressed clients. Available at
    • DeFond, M., J. Francis, and X. Hu 2011. The geography of SEC enforcement and auditor reporting for financially distressed clients. Available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1132885.
    • (2011)
    • DeFond, M.1    Francis, J.2    Hu, X.3
  • 17
    • 0036026430 scopus 로고    scopus 로고
    • Do non-audit service fees impair auditor independence? Evidence from going concern audit opinions
    • DeFond, M., K. Raghunandan, and K. Subramanyam 2002. Do non-audit service fees impair auditor independence? Evidence from going concern audit opinions. Journal of Accounting Research40 (4): 1247-74.
    • (2002) Journal of Accounting Research , vol.40 , Issue.4 , pp. 1247-1274
    • DeFond, M.1    Raghunandan, K.2    Subramanyam, K.3
  • 18
    • 0347129687 scopus 로고    scopus 로고
    • An investigation of the pricing of audit services for financial institutions
    • Fields, L., D. Fraser, and M. Wilkins 2004. An investigation of the pricing of audit services for financial institutions. Journal of Accounting and Public Policy23 (1): 53-77.
    • (2004) Journal of Accounting and Public Policy , vol.23 , Issue.1 , pp. 53-77
    • Fields, L.1    Fraser, D.2    Wilkins, M.3
  • 20
    • 84875520075 scopus 로고    scopus 로고
    • Does audit market concentration harm the quality of audited earnings? Evidence from audit markets 42 countries
    • Francis, J. R., P. N. Michas, and S. E. Seavey 2012. Does audit market concentration harm the quality of audited earnings? Evidence from audit markets 42 countries. Contemporary Accounting Research.
    • (2012) Contemporary Accounting Research
    • Francis, J.R.1    Michas, P.N.2    Seavey, S.E.3
  • 23
    • 77951774244 scopus 로고    scopus 로고
    • Correcting for cross-sectional and time-series dependence accounting research
    • Gow, I., G. Ormazabal, and D. Taylor 2010. Correcting for cross-sectional and time-series dependence accounting research. The Accounting Review85 (2): 483-512.
    • (2010) The Accounting Review , vol.85 , Issue.2 , pp. 483-512
    • Gow, I.1    Ormazabal, G.2    Taylor, D.3
  • 24
  • 25
    • 0004296209 scopus 로고    scopus 로고
    • Upper Saddle River, NJ: Prentice Hall.
    • Greene, W. 1997. Econometric analysis. Upper Saddle River, NJ: Prentice Hall.
    • (1997) Econometric analysis
    • Greene, W.1
  • 26
    • 35248870116 scopus 로고    scopus 로고
    • The use of unsigned earnings quality measures tests of earnings management
    • Hribar, P., and D. Nichols 2007. The use of unsigned earnings quality measures tests of earnings management. Journal of Accounting Research45 (5): 1017-53.
    • (2007) Journal of Accounting Research , vol.45 , Issue.5 , pp. 1017-1053
    • Hribar, P.1    Nichols, D.2
  • 27
    • 0000862461 scopus 로고
    • Earnings management during import relief investigations
    • Jones, J. 1991. Earnings management during import relief investigations. Journal of Accounting Research29 (2): 193-228.
    • (1991) Journal of Accounting Research , vol.29 , Issue.2 , pp. 193-228
    • Jones, J.1
  • 28
    • 80051726082 scopus 로고    scopus 로고
    • Audit market concentration and audit quality. Working paper (February 2, 2010). Available at SSRN:
    • Kallapur, S., S. Sankaraguruswamy, and Y. Zang 2010. Audit market concentration and audit quality. Working paper (February 2, 2010). Available at SSRN: http://ssrn.com/abstract=1546356 or http://dx.doi.org/10.2139/ssrn.1546356.
    • (2010)
    • Kallapur, S.1    Sankaraguruswamy, S.2    Zang, Y.3
  • 29
    • 2442677671 scopus 로고    scopus 로고
    • Litigation risk and the financial reporting credibility of Big 4 versus non-Big 4 audits: Evidence from Anglo-American countries
    • Khurana, I., and K. Raman 2004. Litigation risk and the financial reporting credibility of Big 4 versus non-Big 4 audits: Evidence from Anglo-American countries. The Accounting Review79 (2): 473-95.
    • (2004) The Accounting Review , vol.79 , Issue.2 , pp. 473-495
    • Khurana, I.1    Raman, K.2
  • 30
    • 33645748601 scopus 로고    scopus 로고
    • Twenty-five years of audit deregulation and re-regulation: What does it mean for 2005 and beyond?
    • Kinney, W. 2005a. Twenty-five years of audit deregulation and re-regulation: What does it mean for 2005 and beyond?Auditing: A Journal of Practice and Theory24 (Supplement): 89-109.
    • (2005) Auditing: A Journal of Practice and Theory , vol.24 , Issue.SUPPL. , pp. 89-109
    • Kinney, W.1
  • 31
    • 33645741312 scopus 로고    scopus 로고
    • The auditor as gatekeeper: A perilous expectation gap
    • J. Lorsch, L. Berlowitz, and A. Zelleke, eds., Cambridge, MA: MIT Press.
    • Kinney, W. 2005b. The auditor as gatekeeper: A perilous expectation gap. J. Lorsch, L. Berlowitz, and A. Zelleke, eds., Restoring trust American business, 99-108. Cambridge, MA: MIT Press.
    • (2005) Restoring trust American business , pp. 99-108
    • Kinney, W.1
  • 32
    • 33847075360 scopus 로고    scopus 로고
    • The business risk audit: Origins, obstacles and opportunities
    • Knechel, R. 2007. The business risk audit: Origins, obstacles and opportunities. Accounting, Organizations and Society32 (4-5): 383-408.
    • (2007) Accounting, Organizations and Society , vol.32 , Issue.4-5 , pp. 383-408
    • Knechel, R.1
  • 33
    • 76849107687 scopus 로고    scopus 로고
    • On the use of instrumental variables accounting research
    • Larcker, D. F., and T. O. Rusticus 2010. On the use of instrumental variables accounting research. Journal of Accounting and Economics49 (3): 186-205.
    • (2010) Journal of Accounting and Economics , vol.49 , Issue.3 , pp. 186-205
    • Larcker, D.F.1    Rusticus, T.O.2
  • 34
    • 0042045279 scopus 로고
    • Amemiya's generalized least squares and tests of overidentification simultaneous equation models with qualitative or limited dependent variables
    • Lee, L. 1992. Amemiya's generalized least squares and tests of overidentification simultaneous equation models with qualitative or limited dependent variables. Econometric Reviews11 (3): 319-28.
    • (1992) Econometric Reviews , vol.11 , Issue.3 , pp. 319-328
    • Lee, L.1
  • 36
    • 84984248116 scopus 로고
    • Competition the market for audit services: The effect of supplier concentration on audit fees
    • Pearson, T., and G. Trompeter 1994. Competition the market for audit services: The effect of supplier concentration on audit fees. Contemporary Accounting Research11 (1): 91-114.
    • (1994) Contemporary Accounting Research , vol.11 , Issue.1 , pp. 91-114
    • Pearson, T.1    Trompeter, G.2
  • 37
    • 0038743521 scopus 로고    scopus 로고
    • The concentration of local markets: A study of accounting, advertising and law
    • Penno, M., and B. Walther 1996. The concentration of local markets: A study of accounting, advertising and law. Accounting Horizons10 (2): 88-99.
    • (1996) Accounting Horizons , vol.10 , Issue.2 , pp. 88-99
    • Penno, M.1    Walther, B.2
  • 38
    • 77953044764 scopus 로고    scopus 로고
    • National and office-specific measures of auditor industry expertise and effects on audit quality
    • Reichelt, K. J., and D. Wang 2010. National and office-specific measures of auditor industry expertise and effects on audit quality. Journal of Accounting Research48 (3): 647-86.
    • (2010) Journal of Accounting Research , vol.48 , Issue.3 , pp. 647-686
    • Reichelt, K.J.1    Wang, D.2
  • 39
    • 0000614555 scopus 로고    scopus 로고
    • Does size matter? The influence of large clients on office-level auditor reporting decisions
    • Reynolds, J., and J. Francis 2001. Does size matter? The influence of large clients on office-level auditor reporting decisions. Journal of Accounting and Economics30 (3): 375-400.
    • (2001) Journal of Accounting and Economics , vol.30 , Issue.3 , pp. 375-400
    • Reynolds, J.1    Francis, J.2
  • 41
    • 0001337623 scopus 로고
    • An exogeneity test for a simultaneous equation tobit model with an application to labor supply
    • Smith, R., and R. Blundell 1986. An exogeneity test for a simultaneous equation tobit model with an application to labor supply. Econometrica54 (4): 679-86.
    • (1986) Econometrica , vol.54 , Issue.4 , pp. 679-686
    • Smith, R.1    Blundell, R.2
  • 42
    • 84936527390 scopus 로고
    • Competition and the number of companies a market: Are duopolies more competitive than atomistic markets?
    • Stiglitz, J. 1987. Competition and the number of companies a market: Are duopolies more competitive than atomistic markets?Journal of Political Economy95: 1041-61.
    • (1987) Journal of Political Economy , vol.95 , pp. 1041-1061
    • Stiglitz, J.1
  • 43
    • 84871415414 scopus 로고    scopus 로고
    • Testing for weak instruments linear IV regression. National Bureau of Economic Research (NBER) Technical Working Paper No. 284.
    • Stock, J., and M. Yogo 2002. Testing for weak instruments linear IV regression. National Bureau of Economic Research (NBER) Technical Working Paper No. 284.
    • (2002)
    • Stock, J.1    Yogo, M.2
  • 44
  • 45
    • 0002609453 scopus 로고    scopus 로고
    • The future of accounting, part III: Reliability and auditor independence
    • Wallman, S. 1996. The future of accounting, part III: Reliability and auditor independence. Accounting Horizons10 (4): 76-97.
    • (1996) Accounting Horizons , vol.10 , Issue.4 , pp. 76-97
    • Wallman, S.1
  • 46
    • 2542456977 scopus 로고
    • Managerial ownership, accounting choices, and informativeness of earnings
    • Warfield, T. D., J. J. Wild, and K. L. Wild 1995. Managerial ownership, accounting choices, and informativeness of earnings. Journal of Accounting and Economics20 (1): 61-91.
    • (1995) Journal of Accounting and Economics , vol.20 , Issue.1 , pp. 61-91
    • Warfield, T.D.1    Wild, J.J.2    Wild, K.L.3
  • 47
    • 0000095552 scopus 로고
    • A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity
    • White, H. 1980. A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity. Econometrica48 (4): 817-38.
    • (1980) Econometrica , vol.48 , Issue.4 , pp. 817-838
    • White, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.