Abstract

http://ssrn.com/abstract=1093554
 
 

References (60)



 
 

Citations (1)



 


 



Governance Regulatory Changes, IFRS Adoption, and New Zealand Audit and Non-Audit Fees: Empirical Evidence


Paul A. Griffin


University of California, Davis - Graduate School of Management

David H. Lont


University of Otago - Department of Accountancy and Finance

Yuan Sun


Boston University - School of Management

December 31, 2008


Abstract:     
This study examines the association between overseas and New Zealand governance regulatory reforms in New Zealand public companies' audit and non-audit fees. We state audit and non-audit fee models, and use temporal and IFRS indicator variables to relate the timing of the fee changes with the incidence of the overseas and local governance reforms.

We find that audit fees increased in New Zealand over 2002-2006. Such increases associate reliably with the transition to and adoption of NZ IFRS and not with the overseas governance reforms in the United States and Australia, enacted earlier.

Our results also show a decrease in non-audit fees over the same period but we find no IFRS effect for non-audit fees

Number of Pages in PDF File: 39

Keywords: Audit fees, auditor independence, governance regulations, International Financial

JEL Classification: C38, K22, L80, M40, M41

working papers series





Download This Paper

Date posted: February 15, 2008 ; Last revised: January 11, 2009

Suggested Citation

Griffin, Paul A. and Lont, David H. and Sun, Yuan, Governance Regulatory Changes, IFRS Adoption, and New Zealand Audit and Non-Audit Fees: Empirical Evidence (December 31, 2008). Available at SSRN: http://ssrn.com/abstract=1093554 or http://dx.doi.org/10.2139/ssrn.1093554

Contact Information

Paul A. Griffin
University of California, Davis - Graduate School of Management ( email )
3102 Gallahger Hall
Davis, CA 95616
United States
(530) 752-7372 (Phone)
(425) 799-4143 (Fax)
HOME PAGE: http://www.gsm.ucdavis.edu/griffin/

David H. Lont (Contact Author)
University of Otago - Department of Accountancy and Finance ( email )
Box 56
Dunedin, Otago 9054
New Zealand
+64 3 479 8119 (Phone)
+64 3 479 8171 (Fax)
HOME PAGE: http://www.business.otago.ac.nz/acty/
Yuan Sun
Boston University - School of Management ( email )
595 Commonwealth Avenue
Boston, MA MA 02215
United States
1-617-353-2353 (Phone)
Feedback to SSRN


Paper statistics
Abstract Views: 1,915
Downloads: 501
Download Rank: 31,598
References:  60
Citations:  1

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo4 in 0.297 seconds