Audit Pricing and Corporate Whistleblower Governance: Evidence from Australian Financial Firms

We investigate the relationship between firm whistleblower governance and audit pricing of Australian listed financial firms over the 2008–2018 period. Consistent with agency and organisational justice theoretical tenets, we find that firms that exhibit stronger whistleblower governance incur lower...

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Main Authors: Eulaiwi, Baban, Al-Hadi, Ahmed, Duong, Lien, Clark, Keira, Taylor, Grantley, Perrin, Brian
Format: Journal Article
Published: Wiley-Blackwell 2021
Online Access:http://hdl.handle.net/20.500.11937/86769
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author Eulaiwi, Baban
Al-Hadi, Ahmed
Duong, Lien
Clark, Keira
Taylor, Grantley
Perrin, Brian
author_facet Eulaiwi, Baban
Al-Hadi, Ahmed
Duong, Lien
Clark, Keira
Taylor, Grantley
Perrin, Brian
author_sort Eulaiwi, Baban
building Curtin Institutional Repository
collection Online Access
description We investigate the relationship between firm whistleblower governance and audit pricing of Australian listed financial firms over the 2008–2018 period. Consistent with agency and organisational justice theoretical tenets, we find that firms that exhibit stronger whistleblower governance incur lower audit fees. We find that the negative association between strength in whistleblower governance and firms' audit fees is more pronounced for firms that are exposed to increased litigation risk, and for firms having an anti-fraud policy. Our results are robust to endogeneity tests including difference-in-difference (DID), two-stage least squares (2SLS) and propensity score matching (PSM) analyses.
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T11:26:07Z
publishDate 2021
publisher Wiley-Blackwell
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spelling curtin-20.500.11937-867692023-11-01T04:09:27Z Audit Pricing and Corporate Whistleblower Governance: Evidence from Australian Financial Firms Eulaiwi, Baban Al-Hadi, Ahmed Duong, Lien Clark, Keira Taylor, Grantley Perrin, Brian We investigate the relationship between firm whistleblower governance and audit pricing of Australian listed financial firms over the 2008–2018 period. Consistent with agency and organisational justice theoretical tenets, we find that firms that exhibit stronger whistleblower governance incur lower audit fees. We find that the negative association between strength in whistleblower governance and firms' audit fees is more pronounced for firms that are exposed to increased litigation risk, and for firms having an anti-fraud policy. Our results are robust to endogeneity tests including difference-in-difference (DID), two-stage least squares (2SLS) and propensity score matching (PSM) analyses. 2021 Journal Article http://hdl.handle.net/20.500.11937/86769 10.1111/acfi.12867 Wiley-Blackwell fulltext
spellingShingle Eulaiwi, Baban
Al-Hadi, Ahmed
Duong, Lien
Clark, Keira
Taylor, Grantley
Perrin, Brian
Audit Pricing and Corporate Whistleblower Governance: Evidence from Australian Financial Firms
title Audit Pricing and Corporate Whistleblower Governance: Evidence from Australian Financial Firms
title_full Audit Pricing and Corporate Whistleblower Governance: Evidence from Australian Financial Firms
title_fullStr Audit Pricing and Corporate Whistleblower Governance: Evidence from Australian Financial Firms
title_full_unstemmed Audit Pricing and Corporate Whistleblower Governance: Evidence from Australian Financial Firms
title_short Audit Pricing and Corporate Whistleblower Governance: Evidence from Australian Financial Firms
title_sort audit pricing and corporate whistleblower governance: evidence from australian financial firms
url http://hdl.handle.net/20.500.11937/86769