Audit Fees in Malaysia: Does Corporate Governance Matter?
This study examines the relationship between corporate governance and audit fees duringthe period before and after the enactment of the Malaysian Code of CorporateGovernance (MCCG). Our panel analysis of 379 firms during the 1999–2002 periodreveals a significant and positive relationship between cor...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Asian Academy of Manaagement and Penerbit Universiti Sains Malaysia
2011
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| Online Access: | http://hdl.handle.net/20.500.11937/4012 |
| _version_ | 1848744394447912960 |
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| author | Abdul Wahab, Effiezal Aswadi Zain, M. James, K. |
| author_facet | Abdul Wahab, Effiezal Aswadi Zain, M. James, K. |
| author_sort | Abdul Wahab, Effiezal Aswadi |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This study examines the relationship between corporate governance and audit fees duringthe period before and after the enactment of the Malaysian Code of CorporateGovernance (MCCG). Our panel analysis of 379 firms during the 1999–2002 periodreveals a significant and positive relationship between corporate governance and auditfees. However, the relationship becomes weaker after 2001, suggesting that the MCCGreduced firms' control and inherent risk, thus ultimately contributing to reduced auditeffort in Malaysia. Our findings remain viable after we control for political connectionsunique to Malaysia's capital market. |
| first_indexed | 2025-11-14T06:00:46Z |
| format | Journal Article |
| id | curtin-20.500.11937-4012 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:00:46Z |
| publishDate | 2011 |
| publisher | Asian Academy of Manaagement and Penerbit Universiti Sains Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-40122017-02-28T01:25:44Z Audit Fees in Malaysia: Does Corporate Governance Matter? Abdul Wahab, Effiezal Aswadi Zain, M. James, K. This study examines the relationship between corporate governance and audit fees duringthe period before and after the enactment of the Malaysian Code of CorporateGovernance (MCCG). Our panel analysis of 379 firms during the 1999–2002 periodreveals a significant and positive relationship between corporate governance and auditfees. However, the relationship becomes weaker after 2001, suggesting that the MCCGreduced firms' control and inherent risk, thus ultimately contributing to reduced auditeffort in Malaysia. Our findings remain viable after we control for political connectionsunique to Malaysia's capital market. 2011 Journal Article http://hdl.handle.net/20.500.11937/4012 Asian Academy of Manaagement and Penerbit Universiti Sains Malaysia restricted |
| spellingShingle | Abdul Wahab, Effiezal Aswadi Zain, M. James, K. Audit Fees in Malaysia: Does Corporate Governance Matter? |
| title | Audit Fees in Malaysia: Does Corporate Governance Matter? |
| title_full | Audit Fees in Malaysia: Does Corporate Governance Matter? |
| title_fullStr | Audit Fees in Malaysia: Does Corporate Governance Matter? |
| title_full_unstemmed | Audit Fees in Malaysia: Does Corporate Governance Matter? |
| title_short | Audit Fees in Malaysia: Does Corporate Governance Matter? |
| title_sort | audit fees in malaysia: does corporate governance matter? |
| url | http://hdl.handle.net/20.500.11937/4012 |