Determinants of Audit Fees and Non-audit Fees for Listed UK Companies

This study mainly examines the characteristics of financial distress, earnings management, executive remuneration and low balling simultaneously determine audit and non-audit fees. Single-equation models are utilized in this research for both audit and non-audit fee models by using a sample of liste...

Full description

Bibliographic Details
Main Author: Zhu, Yan
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23686/
_version_ 1848792613790941184
author Zhu, Yan
author_facet Zhu, Yan
author_sort Zhu, Yan
building Nottingham Research Data Repository
collection Online Access
description This study mainly examines the characteristics of financial distress, earnings management, executive remuneration and low balling simultaneously determine audit and non-audit fees. Single-equation models are utilized in this research for both audit and non-audit fee models by using a sample of listed UK companies in FTSE for the period 2001-2010. The empirical results reveal that financial distress has negative association with non-audit fees, and cannot fully explain audit fee model; earnings management is negatively related to the audit and non-audit fees; executive remuneration is significantly and positively associated with audit fees, but fails to explain the non-audit fee model; low balling is significantly and negatively corresponding with both audit and non-audit fees. Keywords: Audit Fees; Non-audit Fees; Financial Distress; Earnings Management; Executive Remuneration; Low Balling
first_indexed 2025-11-14T18:47:12Z
format Dissertation (University of Nottingham only)
id nottingham-23686
institution University of Nottingham Malaysia Campus
institution_category Local University
language English
last_indexed 2025-11-14T18:47:12Z
publishDate 2010
recordtype eprints
repository_type Digital Repository
spelling nottingham-236862018-02-01T04:46:41Z https://eprints.nottingham.ac.uk/23686/ Determinants of Audit Fees and Non-audit Fees for Listed UK Companies Zhu, Yan This study mainly examines the characteristics of financial distress, earnings management, executive remuneration and low balling simultaneously determine audit and non-audit fees. Single-equation models are utilized in this research for both audit and non-audit fee models by using a sample of listed UK companies in FTSE for the period 2001-2010. The empirical results reveal that financial distress has negative association with non-audit fees, and cannot fully explain audit fee model; earnings management is negatively related to the audit and non-audit fees; executive remuneration is significantly and positively associated with audit fees, but fails to explain the non-audit fee model; low balling is significantly and negatively corresponding with both audit and non-audit fees. Keywords: Audit Fees; Non-audit Fees; Financial Distress; Earnings Management; Executive Remuneration; Low Balling 2010 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23686/1/ZhuYan.pdf Zhu, Yan (2010) Determinants of Audit Fees and Non-audit Fees for Listed UK Companies. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Zhu, Yan
Determinants of Audit Fees and Non-audit Fees for Listed UK Companies
title Determinants of Audit Fees and Non-audit Fees for Listed UK Companies
title_full Determinants of Audit Fees and Non-audit Fees for Listed UK Companies
title_fullStr Determinants of Audit Fees and Non-audit Fees for Listed UK Companies
title_full_unstemmed Determinants of Audit Fees and Non-audit Fees for Listed UK Companies
title_short Determinants of Audit Fees and Non-audit Fees for Listed UK Companies
title_sort determinants of audit fees and non-audit fees for listed uk companies
url https://eprints.nottingham.ac.uk/23686/