search query: @author O'Sullivan, N. / total: 7
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| Author: | O'Sullivan, N. Diacon, S.R. |
| Title: | The impact of ownership, governance and non-audit services on audit fees: Evidence from the insurance industry |
| Journal: | International Journal of Auditing
2002 : MAR, VOL. 6:1, p. 93-107 |
| Index terms: | Auditing Industries Insurance Service |
| Language: | eng |
| Abstract: | This paper adds to the existing audit pricing literature in three respects. First the analysis is focused on insurance companies thereby allowing to compare the pricing of audits in mutual and proprietary companies. The different external ownership structure of mutual and proprietary insurers provides an ideal environment in which to explore the influence of external governance on auditors' pricing decisions. Second, examined is the impact of board composition and audit committees on audit fees. Third, the impact of non-audit fees on audit fees is analyzed. Data for the study were obtained from both statutory disclosures and a postal questionnaire. The results suggest among others that mutual insurers pay significantly lower audit fees compared to their proprietary counterparts. |
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