碩士 / 國立臺北大學 / 會計學系 / 92 / This study investigates the relationship between litigation risk and audit quality. The literature on the audit market uses a agency theory framework to analyze firms’ incentives to hire external auditing and has suggested that a valued attribute of audits is implicit insurance. The investors in capital market have focused on the auditors’ independence. Prior literature suggests that auditors’ decision is associated with legal regimes. The inability of previous research to investigate this association appears to be due to a lack of a enough risk environment in Taiwan. But the legal environment in the United States is relative litigious. Therefore, we examine whether auditors promote the audit quality in a litigious environment from perspective of overseas financing. First, we can’t find the evidence to agree with the impact of litigation risk on audit quality. Further, the result indicate that, for companies offering to sell their securities publicly in the United States, there is a significant negative association between litigation risk and audit quality. However, we didn’t find similar phenomenon for companies offering in UK or Luxembourg.
| Identifer | oai:union.ndltd.org:TW/092NTPU0385029 |
| Date | January 2004 |
| Creators | Chang, Kuang-Yu, 張光佑 |
| Contributors | LEE, JAN-ZAN, 李建然 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 72 |
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