University of Oulu

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

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Author: Amir, Eli1,2; Kallunki, Juha-Pekka3; Nilsson, Henrik4
Organizations: 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
Format: article
Version: accepted version
Access: open
Online Access: PDF Full Text (PDF, 0.6 MB)
Persistent link: http://urn.fi/urn:nbn:fi-fe2021082644454
Language: English
Published: Springer Nature, 2014
Publish Date: 2021-08-26
Description:

Abstract

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.

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Series: Review of accounting studies
ISSN: 1380-6653
ISSN-E: 1573-7136
ISSN-L: 1380-6653
Volume: 19
Pages: 103 - 133
DOI: 10.1007/s11142-013-9245-8
OADOI: https://oadoi.org/10.1007/s11142-013-9245-8
Type of Publication: A1 Journal article – refereed
Field of Science: 512 Business and management
Subjects:
Funding: Juha-Pekka Kallunki and Henrik Nilsson gratefully acknowledge financial support from the NASDAQ OMX Nordic Foundation.
Copyright information: © 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.