Lower audit fees for women audit partners in Taiwan and why

Ting Chiao Huang, Jeng Ren Chiou, Hua Wei Huang, Jeng Fang Chen

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

We investigate whether women audit partners earn lower audit fees than their men colleagues. By examining 2002e2011 fee data for audit engagements in Taiwan, where the names of signing audit partners are disclosed, we find that audit engagements with women audit partners are related to significantly lower audit fees than those with men counterparts. Furthermore,we document that such fee difference is aggravated in the industries with fewer women audit partners, cannot be explained by the differences in audit quality and audit reporting lags, and is robust to controlling for firm fixed effects. Our finding provides evidence to support the existence of fee discrimination against women audit partners in Taiwan's auditing industry. Our results should be of interests to audit firms with regard to human resource decisions.

Original languageEnglish
Pages (from-to)219-233
Number of pages15
JournalAsia Pacific Management Review
Volume20
Issue number4
DOIs
Publication statusPublished - 2015 Dec 1

Fingerprint

Audit
Audit fees
Taiwan
Fees
Industry
Human resources
Auditing
Discrimination
Audit quality
Fixed effects
Lag
Audit reporting
Audit firms

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Strategy and Management

Cite this

Huang, Ting Chiao ; Chiou, Jeng Ren ; Huang, Hua Wei ; Chen, Jeng Fang. / Lower audit fees for women audit partners in Taiwan and why. In: Asia Pacific Management Review. 2015 ; Vol. 20, No. 4. pp. 219-233.
@article{ae3f4d021d914009bf595811fa193b55,
title = "Lower audit fees for women audit partners in Taiwan and why",
abstract = "We investigate whether women audit partners earn lower audit fees than their men colleagues. By examining 2002e2011 fee data for audit engagements in Taiwan, where the names of signing audit partners are disclosed, we find that audit engagements with women audit partners are related to significantly lower audit fees than those with men counterparts. Furthermore,we document that such fee difference is aggravated in the industries with fewer women audit partners, cannot be explained by the differences in audit quality and audit reporting lags, and is robust to controlling for firm fixed effects. Our finding provides evidence to support the existence of fee discrimination against women audit partners in Taiwan's auditing industry. Our results should be of interests to audit firms with regard to human resource decisions.",
author = "Huang, {Ting Chiao} and Chiou, {Jeng Ren} and Huang, {Hua Wei} and Chen, {Jeng Fang}",
year = "2015",
month = "12",
day = "1",
doi = "10.1016/j.apmrv.2015.02.001",
language = "English",
volume = "20",
pages = "219--233",
journal = "Asia Pacific Management Review",
issn = "1029-3132",
publisher = "National Cheng Kung University",
number = "4",

}

Lower audit fees for women audit partners in Taiwan and why. / Huang, Ting Chiao; Chiou, Jeng Ren; Huang, Hua Wei; Chen, Jeng Fang.

In: Asia Pacific Management Review, Vol. 20, No. 4, 01.12.2015, p. 219-233.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Lower audit fees for women audit partners in Taiwan and why

AU - Huang, Ting Chiao

AU - Chiou, Jeng Ren

AU - Huang, Hua Wei

AU - Chen, Jeng Fang

PY - 2015/12/1

Y1 - 2015/12/1

N2 - We investigate whether women audit partners earn lower audit fees than their men colleagues. By examining 2002e2011 fee data for audit engagements in Taiwan, where the names of signing audit partners are disclosed, we find that audit engagements with women audit partners are related to significantly lower audit fees than those with men counterparts. Furthermore,we document that such fee difference is aggravated in the industries with fewer women audit partners, cannot be explained by the differences in audit quality and audit reporting lags, and is robust to controlling for firm fixed effects. Our finding provides evidence to support the existence of fee discrimination against women audit partners in Taiwan's auditing industry. Our results should be of interests to audit firms with regard to human resource decisions.

AB - We investigate whether women audit partners earn lower audit fees than their men colleagues. By examining 2002e2011 fee data for audit engagements in Taiwan, where the names of signing audit partners are disclosed, we find that audit engagements with women audit partners are related to significantly lower audit fees than those with men counterparts. Furthermore,we document that such fee difference is aggravated in the industries with fewer women audit partners, cannot be explained by the differences in audit quality and audit reporting lags, and is robust to controlling for firm fixed effects. Our finding provides evidence to support the existence of fee discrimination against women audit partners in Taiwan's auditing industry. Our results should be of interests to audit firms with regard to human resource decisions.

UR - http://www.scopus.com/inward/record.url?scp=84950294083&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84950294083&partnerID=8YFLogxK

U2 - 10.1016/j.apmrv.2015.02.001

DO - 10.1016/j.apmrv.2015.02.001

M3 - Article

AN - SCOPUS:84950294083

VL - 20

SP - 219

EP - 233

JO - Asia Pacific Management Review

JF - Asia Pacific Management Review

SN - 1029-3132

IS - 4

ER -