臺灣博碩士論文加值系統

本研究之主要目的為衡量審計公費平穩化對審計品質之影響，探討是否同一
會計師事務所在五年間收取之審計公費收入越穩定，其反應出之審計品質越好。並進一步區分企業風險較高之客戶樣本，探討在不同客戶風險下是否會影響審計公費平穩化與審計品質之結果。本文以2007 年至2016 年台灣上市(櫃)公司為研究對象，並採用Elyasiani and Jia(2008,2010)及Elyasiani et al.(2010)之觀點，將其機構投資者持股穩定性之代理變數作法套用至審計公費平穩化上，並以Kothari et al.（2005）估計績效調整後之裁決性應計項目，以其裁決性應計項目為審計品質之代理變數。實證結果發現，會計師事務所收取之審計公費收入越穩定，則其審計品質越好，支持本研究之假說。而進一步分析破產風險較高之受查客戶，其實證結果亦顯示會計師事務所收取之審計公費收入越穩定，則其審計品質越好，支持本研究之假說，表示當會計師事務所之審計公費越穩定時，愈能盡其專業之則確實查核客戶之財務報表並且維持良好之審計品質。

This paper is to explore the relationship between the audit fee stability and audit quality. Specifically, I expect that the audit firms with more stable audit fee will have more abilities to improve their audit quality. To test this issue, I use the sample of the listed companies in Taiwan for the period of 2007-2016, and adopt the methodologies from Elyasiani and Jia (2008; 2010) to measure the audit fee stability. Also, I follow Kothari et al. (2005) to measure the audit quality. The empirical results support my hypothesis that audit firms with more stable audit fee have higher audit quality. Furthermore, I investigate whether the results still exist when audit firms encounter risky customers. After use sub-sample of customers with higher financial risk, the empirical results are the same that audit firms with stable audit fee have higher audit quality.

書 名 頁 .................................................. i
論文口試委員審定書......................................... ii
授權 書 ..................................................iii
中文摘要 ................................................. iv
英文摘要 .................................................. v
誌謝 ..................................................... vi
目錄 .................................................... vii
表目錄 ................................................. viii
圖目錄 ................................................... ix
第一章、緒論 .............................................. 1
第一節研究動機與背景 ....................................... 1
第二節研究流程與架構 ....................................... 5
第二章、文獻探討 ........................................... 7
第一節審計公費與審計品質 ................................... 7
第二節客戶企業風險與審計公費 ................................ 8
第三章、研究設計 .......................................... 11
第一節樣本選取 ............................................ 11
第二節變數衡量 ............................................ 12
第三節實證模型 ............................................ 16
第四章、實證結果 .......................................... 19
第一節敘述性統計 .......................................... 19
第二節迴歸分析 ............................................ 22
第五章、研究結論與建議 .....................................28
參考文獻 ............................................ 30

李禮仲（2005，1 月30 日）。論會計師之法律責任。經濟日報，C6 版。
Altman, E. I. 1968. Financial ratios, discriminant analysis and the prediction of
corporate bankruptcy. Journal of Finance, 23(4): 589-609.
Asthana, S. and J. Boone. 2012. Abnormal audit fee and audit quality. Auditing: A
Journal of Practice and Theory 31 (3): 1-22.
Beck, P.J., T.J. Frecka and I. Solomon, 1988. An empirical analysis of the relationship
between MAS involvement and auditor tenure: Implications for auditor
independence, Journal of Accounting Literature 7: 65-84.
Bedard, J.C., and K.M. Johnstone. 2004. Earnings Manipulation Risk, Corporate
Governance Risk, and Auditors’ Planning and Pricing Decisions. The
Accounting Review April, 79: 277-304.
Bell, T. B., Landsman, W. R. and Shackelford, D. A. 2001, Auditor’s perceived
business risk and audit fees: analysis and evidence, Journal of Accounting
Research, 39 (1): 35–43.
Bell, T. B., Causholli, M., Knechel, W. R., 2015. Audit Firm Tenure, Non-
Audit Services, and Internal Assessments of Audit Quality. Journal of
Accounting Research 53
Chi-Wen J. L.,and Joshua G. Rosett. 1998. What Determines the Variability of
Accounting Accruals? Review of Quantitative Finance and Accounting
26(5):313–334.
Choi, J.K. and H.M. Lim. 2010a. The 3rd National Ecosystem Survey (378103-
Jucheon), National Institute of Environmental Research. (in Korean, CD).
DeAngelo, L. E. 1981. Audit size and audit quality. Journal of Accounting and
Economics 3: 183-199.
DeAngelo, L. E. 1981a. Auditor Independence, Low Balling, and Disclosure
Regulation. Journal of Accounting and Economics：113-27.
Dechow, P. M., R. G. Sloan, and A. P. Sweeny. 1995. Detecting earnings
management. The Accounting Review 70 (2): 193-225.
Elyasiani, E., & Jia, J. 2010. Distribution of institutional ownership and corporate
firm performance. Journal of Banking & Finance, 34(3), 606-620.
Elyasiani, E., & Jia, J. J. 2008. Institutional ownership stability and BHC
performance. Journal of Banking & Finance, 32(9), 1767-1781.
Elyasiani, E., Jia, J. J., & Mao, C. X. 2010. Institutional ownership stability and the
cost of debt. Journal of Financial Markets, 13(4), 475-500.
Ghosh, A., and R. Pawlewicz. 2009. The impact of regulation on auditor fees: Evidence
from the Sarbanes-Oxley Act. Auditing: A Journal of Practice & Theory 28(2): 171-
197.
Jensen, M., and W. Meckling. 1976. Theory of the firm: Managerial behavior,
agency costs and ownership structure. Journal of Financial Economics
3(October): 305-360.
Kothari, S. P., A. J. Leone, and C. E. Wasley. 2005. Performance matched
discretionary accrual measures. Journal of Accounting and Economics 39 (1):
163-197.
Lyon, J., & Maher, M. 2005. The importance of business risk in setting audit fees:
Evidence from cases of client misconduct. Journal of Accounting Research,
43(1), 133–151.
Magee, R. P., & Tseng, M. C. 1990. Audit Pricing and Independence. The
Accounting Review, 315-336.
Mitra, N. J., Chu, H. K., Lee, T. Y., Wolf, L., Yeshurun, H., and Cohen-Or, D. 2009.
Emerging images. ACM Trans. Graph. (Proc. SIGGRAPH Asia) 28(5): 163:1–
163:8.
Morgan, J. and Stocken, P. 1998, The effects of business risk on audit pricing,
Review of Accounting Studies 3: 365–85.
Palmrose, Z.1986.Audit fees and auditor size: Further evidence.Journal of
Accounting Research(24):97-110.
Simunic, D. 1980. The pricing of audit services: Theory and evidence. Journal of
Accounting Research 18: 161–190.
Simunic, D., and M. Stein. 1996. The impact of litigation risk on audit pricing: A
review of the economics and the evidence. Auditing: A Journal of Practice and
Theory Supplement 15:119–34.
Stein, C. H. 1992. Ties that bind: Three studies of obligation in adult relationships with
family. Journal of Social and Personal Relationships, 9(4), 525-547.
Watkins, A. L., W. Hillison, and S. E. Morecroft. 2004: Audit quality: A synthesis
of theory and empirical evidence. Journal of Accounting Literature 23: 153-
193.
Watts, R. L., and J. L. Zimmerman. 1983. Agent problems, auditing, and the theory
of the firm: some evidence. Journal of Law and Economics 26:613-633.