Investigating the Relationship between Institutional Ownership and Audit Fees

Authors

  • Zahra Mohammad Azadi Department of Accounting, Science and Research Branch, Islamic Azad University, Ilam, Iran
  • Esfandyar Mohammadi Assistant Prof. of Management Department of Ilam University

Keywords:

Institutional ownership, firm size, audit fees

Abstract

Institutional owners possess a large portion of the company stocks. Regarding the separation of the ownership from the management in a firm, the pivotal role of these owners in controlling and monitoring the management of the firms becomes more prominent. Since, audit fees is an important issue both for the managers and independent auditors, so this study aims at investigating the relationship between institutional ownership and audit fees in 50 firms listed in Tehran Stack  Exchange. Time span for this study has been specified between 2008 to 2012. The analysis of the data is carried out by using Eviews software. At the end, it was found that there is no a meaningful relationship between institutional ownership and audit fees..

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Published

2014-02-07

How to Cite

Zahra Mohammad Azadi, & Esfandyar Mohammadi. (2014). Investigating the Relationship between Institutional Ownership and Audit Fees. International Journal of Empirical Finance, 2(1), 27–33. Retrieved from https://rassorg.com/IJEF/article/view/18

Issue

International Journal of Empirical Finance (IJEF) - Volume 2, Issue 1

Section

Articles