Impact of audit fee deregulation on audit-market competition

Wen-Ching Chang, Yahn Shir Chen, Meng Pei Chanc

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

In 1998, the audit fee standard was abolished by the Fair Trade Commission of Taiwan. Thisstudy aims to investigate the effects of the cancellation of the audit fee standard on audit-market competition of public companies during 1994-2002. The results indicate that after the event, the auditor excess entry rate, auditor excess exit rate and audit-market-share mobility all increased, which is consistent with the prediction of enhanced audit-market competition.

Original languageEnglish
Pages (from-to)69-94
Number of pages26
JournalAsia-Pacific Journal of Accounting and Economics
Volume16
Issue number1
Publication statusPublished - 2009 Apr 1

Fingerprint

Market competition
Deregulation
Audit fees
Audit market
Auditors
Cancellation
Fair trade
Taiwan
Prediction
Market share
Excess entry
Exit

All Science Journal Classification (ASJC) codes

  • Accounting
  • Finance
  • Economics and Econometrics

Cite this

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abstract = "In 1998, the audit fee standard was abolished by the Fair Trade Commission of Taiwan. Thisstudy aims to investigate the effects of the cancellation of the audit fee standard on audit-market competition of public companies during 1994-2002. The results indicate that after the event, the auditor excess entry rate, auditor excess exit rate and audit-market-share mobility all increased, which is consistent with the prediction of enhanced audit-market competition.",
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Impact of audit fee deregulation on audit-market competition. / Chang, Wen-Ching; Chen, Yahn Shir; Chanc, Meng Pei.

In: Asia-Pacific Journal of Accounting and Economics, Vol. 16, No. 1, 01.04.2009, p. 69-94.

Research output: Contribution to journalArticle

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