Impact of Corporate Lobbying on Board Compensation and Audit Quality

Iranian Journal of Accounting, Auditing & Finance

卷:4

Nader Naghshbandi¹  Hadi Saeidi²  Ghasem Elahi Shirvan²  Shaban Mohammadi³ 

[1] Department of Accounting, Hakim Nezami institution of higher education, Quchan, Iran;

[2] Department of Accounting, Shirvan Branch, Islamic Azad University, Shirvan, Iran;

[3] Instructor of Accounting, Shahid Rajaee Faculty, Vocational University of Khorasan, Iran;

关键词: audit quality;    corporate lobbying;    board compensation;    auditor tenure;    stock exchange;    stock returns;   

DOI  :  10.22067/ijaaf.2020.39425

来源: DOAJ

【 摘 要 】

Corporate lobbying is one of the most important ways companies, society, and even citizens can directly and legally influence the development and implementation of new laws and regulations. Theoretically, lobbying can be a threat to auditor independence as well. This study investigates the impact of corporate lobbying on board compensation and audit quality. Using a sample of 150 companies listed on the Tehran Stock Exchange over period 2012-2018, the study shows that corporate lobbying has a significant impact on board compensation and audit quality. This is the first study investigating the impact of corporate lobbying on board compensation and audit quality of companies listed on the Tehran Stock Exchange.

【 授权许可】

Unknown