Implications of Auditor Characteristics and Directors’ and Officers’ Liability Insurance for Going-Concern Audit Opinions: Evidence from Taiwan
- Hsiang-Tsai Chiang
- Shu-Lin Lin
- Li-Jen He
Abstract
This study explores the association among auditor characteristics, directors’ and officers’ (D&O) insurance, and auditors’ intention to issue going-concern opinions. For the insured decision, the results show that clients of auditors with greater market shares, better reputation (Big 4), and those that had been punished had higher D&O insurance coverage. For the results of audit opinion, the results show that the industry-specific experience of auditors and audit firm size are significantly negatively associated with the issuing of going-concern opinion. It is consistent with our expectations that since Big 4 auditors may share more litigation risk and possess more loss coverage of audit failure of D&O insurance, the effects of D&O insurance on auditors’ intention of issuing going-concern opinions are more significant for Big 4 auditors.
- Full Text:
PDF
- DOI:10.5539/ibr.v8n5p130
Journal Metrics
h-index (January 2024): 102
i10-index (January 2024): 947
h5-index (January 2024): N/A
h5-median(January 2024): N/A
( The data was calculated based on Google Scholar Citations. Click Here to Learn More. )
Index
- Academic Journals Database
- ACNP
- ANVUR (Italian National Agency for the Evaluation of Universities and Research Institutes)
- CNKI Scholar
- COPAC
- CrossRef
- EBSCOhost
- EconBiz
- ECONIS
- EconPapers
- Elektronische Zeitschriftenbibliothek (EZB)
- EuroPub Database
- Excellence in Research for Australia (ERA)
- Genamics JournalSeek
- Google Scholar
- Harvard Library
- IBZ Online
- IDEAS
- Infotrieve
- Kobson
- LOCKSS
- Mendeley
- MIAR
- Norwegian Centre for Research Data (NSD)
- PKP Open Archives Harvester
- Publons
- Qualis/CAPES
- RePEc
- ResearchGate
- ROAD
- Scilit
- SHERPA/RoMEO
- SocioRePEc
- Technische Informationsbibliothek (TIB)
- The Keepers Registry
- UCR Library
- Universe Digital Library
- ZBW-German National Library of Economics
- Zeitschriften Daten Bank (ZDB)
Contact
- Kevin DuranEditorial Assistant
- ibr@ccsenet.org