Publication
Title
Earnings management and audit quality in Europe: evidence from the private client segment market
Author
Abstract
This paper contributes to the recent literature on financial reporting quality in private (i.e. non-listed) companies (Ball and Shivakumar, 2005; Burgstahler et al., 2006) by examining whether in these types of companies Big 4 audit firms, as high quality auditors, provide a constraint on earnings management. Considering incentives of auditors to supply a high audit quality in private firms, we expect that Big 4 auditors have an incentive to constrain earnings management only in high tax alignment countries, where financial statements are more scrutinized by tax authorities and the probability that an audit failure is detected is higher. Using data on private firms in European countries, this study provides evidence consistent with this expectation.
Language
English
Source (journal)
European accounting review. - London, 1992, currens
Publication
London : 2008
ISSN
0963-8180 [print]
1468-4497 [online]
Volume/pages
17:3(2008), p. 447-469
ISI
000258774900002
Full text (Publisher's DOI)
Full text (publisher's version - intranet only)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identification
Creation 30.10.2008
Last edited 26.09.2017
To cite this reference