The relationship between ownership structure, abnormal audit fees and audit quality

mahboubeh rahmani¹ golam abbas paidar²

1) iran university
2) iran university

IOI Code : XYCG-AEBAD
Publication : international conference of Management Elites(icme.ir)
Abstract :
    As a result of a conflict of interest between managers and agency problems Shareholders, or conflicts of interest between minority shareholders and controlling shareholders to be created.These problems, in turn represent costs that will be passed to the company and stakeholders (Jensen, 1986). An independent professional audit and supervision of shareholders is considered part of the system. It provides credit to financial reporting for stakeholders.On the other hand, ownership structure through the impact on the severity of the problem of representation, size, complexity and risk of the company, will impact on audit fees. (Ben Ali and Lsyj, 2011).In this paper, we examine the relationship between ownership structure and audit quality audit Aym.kyfyt Ghyrghady fee accruals as a proxy for audit quality and institutional shareholders ownership structure representative. Results obtained in this study indicate that the negative correlation between abnormal audit fees and accrual quality for companies with a high percentage of shareholders has been impressive.

Keywords : ownership structure fees unusual auditing quality institutional shareholders accruals