Amir, E., Kallunki, JP. & Nilsson, H. The association between individual audit partners’ risk preferences and the composition of their client portfolios. Rev Account Stud 19, 103–133 (2014). https://doi.org/10.1007/s11142-013-9245-8
The association between individual audit partners’ risk preferences and the composition of their client portfolios
|Author:||Amir, Eli1,2; Kallunki, Juha-Pekka3; Nilsson, Henrik4|
1Recanati Graduate School of Management, Tel Aviv University, 69978 Tel Aviv, Israel
2City University of London, London, UK
3Department of Accounting, University of Oulu, P.O. Box 4600, 90014 Oulu, Finland
4Department of Accounting, Stockholm School of Economics, P.O. Box 6501, 113 83 Stockholm, Sweden
|Online Access:||PDF Full Text (PDF, 0.6 MB)|
|Persistent link:|| http://urn.fi/urn:nbn:fi-fe2021082644454
|Publish Date:|| 2021-08-26
We explore whether audit partners’ attitude towards risk, as measured by their personal criminal convictions, are reflected in the composition of their client portfolios. Analyzing a unique dataset of Swedish audit partners’ criminal convictions, we find that the clients of audit partners with criminal convictions are characterized by greater financial, governance, and reporting risk than those of audit partners without criminal convictions. Also, clients of audit partners with criminal convictions pay larger audit fees, on average, than those of auditors without criminal convictions.
Review of accounting studies
|Pages:||103 - 133|
|Type of Publication:||
A1 Journal article – refereed
|Field of Science:||
512 Business and management
Juha-Pekka Kallunki and Henrik Nilsson gratefully acknowledge financial support from the NASDAQ OMX Nordic Foundation.
© Springer Science+Business Media New York 2013. This is a post-peer-review, pre-copyedit version of an article published in Rev Account Stud. The final authenticated version is available online at https://doi.org/10.1007/s11142-013-9245-8.