Original scientific paper
https://doi.org/10.1080/1331677X.2021.1985567
Audit fee and banks’ communication sentiment
Piotr Staszkiewicz
orcid.org/0000-0002-2251-2360
Renata Karkowska
Abstract
The study verifies the relationship between the audit fee and
reporting sentiment in the banking industry. The research adopts
panel data from a sample of 490 commercial banks across 43 US
states for years 2000-2016. The results indicate that the audit fee
is affected by the sentiment and is subject to time development.
The research shed light on the nature of auditor relations in the
specific economic context of the US. The results add to the science new and robust evidence on attitudes towards asymmetry
friction in the supervised market. The Financial Authorities might
benefit from the presented results while preselecting the entities
for on-site inspection.
Keywords
audit fee; non-audit fee; sentiment; tone; corporate governance; banking; risk
Hrčak ID:
302064
URI
Publication date:
31.3.2023.
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