Corporate compensation policies and audit fees

• 成果类型: Article
• 署名作者: Wysocki, Peter
• 署名单位: University of Miami
• 刊物名称: JOURNAL OF ACCOUNTING & ECONOMICS
• ISSN/ISSBN: 0165-4101
• DOI: 10.1016/j.jacceco.2009.11.002
• 发表日期: 2010
• 关键词: NONAUDIT SERVICES; ceo compensation; trade-off; RISK; INDEPENDENCE; IMPACT; side

摘要

Recent accounting research has started to investigate the links between corporate compensation and auditor compensation. Engel et al. (2010) take a first step to connect these previously distinct literatures by investigating the association between audit committee pay and audit fees. I discuss the findings of this study and then present complementary empirical evidence on the association between CEO compensation and audit fees. My descriptive empirical evidence Suggests economically large co-variation in CEO compensation and audit fees. I conclude with Suggestions for future research oil the links between firms' corporate compensation and auditor compensation policies. (C) 2009 Elsevier B.V. All rights reserved.