Related party transactions and audit fees: Indian evidence

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Please use this identifier to cite or link to this item: https://repository.iimb.ac.in/handle/2074/21445

DC Field	Value	Language
dc.contributor.author	Kushwaha, Narendra Nath
dc.contributor.author	Anand, Abhinav
dc.contributor.author	Jayadev, M
dc.contributor.author	Raghunandan, K
dc.date.accessioned	2022-08-18T05:22:01Z	-
dc.date.available	2022-08-18T05:22:01Z	-
dc.date.issued	2022
dc.identifier.other	WP_IIMB_667
dc.identifier.uri	https://repository.iimb.ac.in/handle/2074/21445	-
dc.description.abstract	We examine the effect of related party transactions (RPTs) on audit fees in Indian public companies. RPTs can be used to manipulate financial statements as well as transfer wealth between firms and their related parties, and the presence of RPTs increases audit risk. We find that related party sales are associated with 17.4 percent increase in audit fees, indicating that such transactions increase the audit risk and require significant additional audit effort.
dc.publisher	Indian Institute of Management Bangalore
dc.relation.ispartofseries	IIMB Working Paper-667
dc.subject	Auditing
dc.subject	Audit risk
dc.subject	Audit fees
dc.subject	Related party transactions
dc.subject	Corporate governance
dc.title	Related party transactions and audit fees: Indian evidence
dc.type	Working Paper
dc.pages	41p.
Appears in Collections:	2022

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