How to cite this paper
Ghanbari, A., Askarian, H & Matinfar, M. (2014). The effect of real earnings management on audit fees in listed companies in Tehran Stock Exchange.Management Science Letters , 4(10), 2251-2260.
Refrences
Abbott, L. J., Parker, S., Peters, G. F., & Raghunandan, K. (2003). The association between audit committee characteristics and audit fees. Auditing: A Journal of Practice & Theory, 22(2), 17-32.
Abbott, L. J., Parker, S., & Peters, G. F. (2006). Earnings management, litigation risk, and asymmetric audit fee responses. Auditing: A Journal of Practice & Theory, 25(1), 85-98.
Allen, A., & Woodland, A. (2010). Education requirements, audit fees, and audit quality. Auditing: A Journal of Practice & Theory, 29(2), 1-25.
Antle, R., Gordon, E., Narayanamoorthy, G., & Zhou, L. (2006). The joint determination of audit fees, non-audit fees, and abnormal accruals. Review of Quantitative Finance and Accounting, 27(3), 235-266.
Ashbaugh, H., LaFond, R., & Mayhew, B. W. (2003). Do nonaudit services compromise auditor independence? Further evidence. The Accounting Review,78(3), 611-639.
Behn, B. K., Carcello, J. V., Hermanson, D. R., & Hermanson, R. H. (1999). Client Satisfaction and Big 6 Audit Fees*. Contemporary Accounting Research,16(4), 587-608.
Chaney, P. K., Jeter, D. C., & Shivakumar, L. (2004). Self-selection of auditors and audit pricing in private firms. The Accounting Review, 79(1), 51-72.
Choi, J. H., Kim, J. B., Liu, X., & Simunic, D. A. (2009). Cross-listing audit fee premiums: theory and evidence. The Accounting Review, 84(5), 1429-1463.
Cohen, D. A., Dey, A., & Lys, T. Z. (2008). Real and accrual-based earnings management in the pre-and post-Sarbanes-Oxley periods. The Accounting Review, 83(3), 757-787.
Cohen, D. A., & Zarowin, P. (2010). Accrual-based and real earnings management activities around seasoned equity offerings. Journal of Accounting and Economics, 50(1), 2-19.
Craswell, A. T., & Francis, J. R. (1999). Pricing initial audit engagements: A test of competing theories. The Accounting Review, 74(2), 201-216.
Craswell, A. T., Francis, J. R., & Taylor, S. L. (1995). Auditor brand name reputations and industry specializations. Journal of accounting and economics,20(3), 297-322.
Dechow, P. M., & Dichev, I. D. (2002). The quality of accruals and earnings: The role of accrual estimation errors. The accounting review, 77(s-1), 35-59.
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earnings management. Accounting Review, 193-225.
Ewert, R., & Wagenhofer, A. (2005). Economic effects of tightening accounting standards to restrict earnings management. The Accounting Review, 80(4), 1101-1124.
Fama, E. F., & French, K. R. (1997). Industry costs of equity. Journal of financial economics, 43(2), 153-193.
Fama, E. F., & MacBeth, J. D. (1973). Risk, return, and equilibrium: Empirical tests. The Journal of Political Economy, 607-636.
Francis, J. R., & Simon, D. T. (1987). A test of audit pricing in the small-client segment of the US audit market. Accounting Review, 62, 145-157.
Fudenberg, D., & Tirole, J. (1995). A theory of income and dividend smoothing based on incumbency rents. Journal of Political Economy, 103, 75-93.
Graham, J. R., Harvey, C. R., & Rajgopal, S. (2005). The economic implications of corporate financial reporting. Journal of accounting and economics, 40(1), 3-73.
Gul, F. A., Chen, C. J., & Tsui, J. S. (2003). Discretionary Accounting Accruals, Managers & apos; Incentives, and Audit Fees*. Contemporary Accounting Research,20(3), 441-464.
Gunny, K. A. (2010). The relation between earnings management using real activities manipulation and future performance: Evidence from meeting earnings benchmarks. Contemporary Accounting Research, 27(3), 855-888.
Hay, D., & Knechel, W. R. (2010). The effects of advertising and solicitation on audit fees. Journal of Accounting and Public Policy, 29(1), 60-81.
Hay, D. C., Knechel, W. R., & Wong, N. (2006). Audit Fees: A Meta?analysis of the Effect of Supply and Demand Attributes*. Contemporary accounting research, 23(1), 141-191.
Healy, P. M. (1985). The effect of bonus schemes on accounting decisions.Journal of accounting and economics, 7(1), 85-107.
Healy, P. M., & Wahlen, J. M. (1999). A review of the earnings management literature and its implications for standard setting. Accounting horizons, 13(4), 365-383.
Hogan, C. E., & Wilkins, M. S. (2008). Evidence on the audit risk model: Do auditors increase audit fees in the presence of internal control deficiencies?.Contemporary Accounting Research, 25(1), 219-242.
Hoitash, R., Hoitash, U., & Bedard, J. C. (2008). Internal control quality and audit pricing under the Sarbanes-Oxley Act. Auditing: A Journal of Practice & Theory, 27(1), 105-126.
Huang, H. W., Liu, L. L., Raghunandan, K., & Rama, D. V. (2007). Auditor industry specialization, client bargaining power, and audit fees: Further evidence. Auditing: A Journal of Practice & Theory, 26(1), 147-158.
Huang, H. W., Raghunandan, K., & Rama, D. (2009). Audit fees for initial audit engagements before and after SOX. Auditing: A Journal of Practice & Theory,28(1), 171-190.
Ibrahim, S., & Lloyd, C. (2011). The association between non-financial performance measures in executive compensation contracts and earnings management. Journal of Accounting and Public Policy, 30(3), 256-274.
Johnstone, K. M., & Bedard, J. C. (2001). Engagement planning, bid pricing, and client response in the market for initial attest engagements. The Accounting Review, 76(2), 199-220.
Jones, J. J. (1991). Earnings management during import relief investigations.Journal of accounting research, 29, 193-228.
Kim, J. B., & Sohn, B. C. (2011). Real versus accrual-based earnings management and implied cost of equity capital. Available at SSRN 1297938.
Kim, Y., & Park, M. S. (2009). Auditor resignation versus dismissal and earnings management through real activities manipulation. Working paper. Santa Clara University.
Kothari, S. P., Leone, A. J., & Wasley, C. E. (2005). Performance matched discretionary accrual measures. Journal of accounting and economics, 39(1), 163-197.
Kreutzfeldt, R., & Wallace, W. (1986). Error characteristics in audit populations: Their profile and relationship to environmental factors. Auditing: A Journal of Practice & Theory 6 (Fall): 20-43.
Mizik, N., & Jacobson, R. (2007). Myopic marketing management: Evidence of the phenomenon and its long-term performance consequences in the SEO context. Marketing Science, 26, 361-379.
Palmrose, Z. (1986a). Audit fees and auditor size: Further evidence. Journal of Accounting Research, 24, 97-110.
Palmrose, Z. (1986b). The effect of non-audit services on the pricing of audit services: Further evidence. Journal of Accounting Research, 24, 405-411.
Pauwels, K., Silva-Risso, J., Srinivasan, S., & Hanssens, D. (2004). New products, sales promotions, and firm value: The case of automobile industry. Journal of Marketing, 68, 142-156.
Raghunandan, K., & Rama, D. (2006). SOX Section 404 material weakness disclosures and audit services. Auditing: A Journal of Practice & Theory, 25 (1), 99-114.
Roychowdhury, S. (2006). Earnings management through real activities manipulation. Journal of Accounting and Economics, 42, 335-370.
Simon, D., & Francis, J. (1988). The effects of auditor change on audit fees: Test of price cutting and price recovery. The Accounting Review, 63, 255-69.
Simunic, D. (1980). The pricing of audit services: Theory and evidence. Journal of Accounting Research, 22, 161-90.
Sohn, B. C. (2011). Do auditors care about real earnings management in their audit fee decisions?. Available at SSRN 1899189.
Srinidhi, B., & Gul, F. (2007). The differential effects of auditors’ nonaudit and audit fees on accrual quality. Contemporary Accounting Research, 24, 595-629.
Stein, J. (1989). Efficient capital markets, inefficient firms: A model of myopic corporate behavior. Quarterly Journal of Economics (November), 104(4), 655-669.
Whisenant, S., Sankaraguruswamy, S. & Raghunandan, K. (2003). Evidence on the joint determination of audit and non-audit fees. Journal of Accounting Research, 41, 721-744.
Willingham, J., & Wright, W. (1985). Financial statement errors and internal control judgments. Auditing: A Journal of Practice & Theory, 5 (1), 57-70.
Zang, A. (2007). Evidence on the tradeoff between real manipulation and accrual manipulation. Working Paper. Hong Kong University of Science and Technology.
Abbott, L. J., Parker, S., & Peters, G. F. (2006). Earnings management, litigation risk, and asymmetric audit fee responses. Auditing: A Journal of Practice & Theory, 25(1), 85-98.
Allen, A., & Woodland, A. (2010). Education requirements, audit fees, and audit quality. Auditing: A Journal of Practice & Theory, 29(2), 1-25.
Antle, R., Gordon, E., Narayanamoorthy, G., & Zhou, L. (2006). The joint determination of audit fees, non-audit fees, and abnormal accruals. Review of Quantitative Finance and Accounting, 27(3), 235-266.
Ashbaugh, H., LaFond, R., & Mayhew, B. W. (2003). Do nonaudit services compromise auditor independence? Further evidence. The Accounting Review,78(3), 611-639.
Behn, B. K., Carcello, J. V., Hermanson, D. R., & Hermanson, R. H. (1999). Client Satisfaction and Big 6 Audit Fees*. Contemporary Accounting Research,16(4), 587-608.
Chaney, P. K., Jeter, D. C., & Shivakumar, L. (2004). Self-selection of auditors and audit pricing in private firms. The Accounting Review, 79(1), 51-72.
Choi, J. H., Kim, J. B., Liu, X., & Simunic, D. A. (2009). Cross-listing audit fee premiums: theory and evidence. The Accounting Review, 84(5), 1429-1463.
Cohen, D. A., Dey, A., & Lys, T. Z. (2008). Real and accrual-based earnings management in the pre-and post-Sarbanes-Oxley periods. The Accounting Review, 83(3), 757-787.
Cohen, D. A., & Zarowin, P. (2010). Accrual-based and real earnings management activities around seasoned equity offerings. Journal of Accounting and Economics, 50(1), 2-19.
Craswell, A. T., & Francis, J. R. (1999). Pricing initial audit engagements: A test of competing theories. The Accounting Review, 74(2), 201-216.
Craswell, A. T., Francis, J. R., & Taylor, S. L. (1995). Auditor brand name reputations and industry specializations. Journal of accounting and economics,20(3), 297-322.
Dechow, P. M., & Dichev, I. D. (2002). The quality of accruals and earnings: The role of accrual estimation errors. The accounting review, 77(s-1), 35-59.
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earnings management. Accounting Review, 193-225.
Ewert, R., & Wagenhofer, A. (2005). Economic effects of tightening accounting standards to restrict earnings management. The Accounting Review, 80(4), 1101-1124.
Fama, E. F., & French, K. R. (1997). Industry costs of equity. Journal of financial economics, 43(2), 153-193.
Fama, E. F., & MacBeth, J. D. (1973). Risk, return, and equilibrium: Empirical tests. The Journal of Political Economy, 607-636.
Francis, J. R., & Simon, D. T. (1987). A test of audit pricing in the small-client segment of the US audit market. Accounting Review, 62, 145-157.
Fudenberg, D., & Tirole, J. (1995). A theory of income and dividend smoothing based on incumbency rents. Journal of Political Economy, 103, 75-93.
Graham, J. R., Harvey, C. R., & Rajgopal, S. (2005). The economic implications of corporate financial reporting. Journal of accounting and economics, 40(1), 3-73.
Gul, F. A., Chen, C. J., & Tsui, J. S. (2003). Discretionary Accounting Accruals, Managers & apos; Incentives, and Audit Fees*. Contemporary Accounting Research,20(3), 441-464.
Gunny, K. A. (2010). The relation between earnings management using real activities manipulation and future performance: Evidence from meeting earnings benchmarks. Contemporary Accounting Research, 27(3), 855-888.
Hay, D., & Knechel, W. R. (2010). The effects of advertising and solicitation on audit fees. Journal of Accounting and Public Policy, 29(1), 60-81.
Hay, D. C., Knechel, W. R., & Wong, N. (2006). Audit Fees: A Meta?analysis of the Effect of Supply and Demand Attributes*. Contemporary accounting research, 23(1), 141-191.
Healy, P. M. (1985). The effect of bonus schemes on accounting decisions.Journal of accounting and economics, 7(1), 85-107.
Healy, P. M., & Wahlen, J. M. (1999). A review of the earnings management literature and its implications for standard setting. Accounting horizons, 13(4), 365-383.
Hogan, C. E., & Wilkins, M. S. (2008). Evidence on the audit risk model: Do auditors increase audit fees in the presence of internal control deficiencies?.Contemporary Accounting Research, 25(1), 219-242.
Hoitash, R., Hoitash, U., & Bedard, J. C. (2008). Internal control quality and audit pricing under the Sarbanes-Oxley Act. Auditing: A Journal of Practice & Theory, 27(1), 105-126.
Huang, H. W., Liu, L. L., Raghunandan, K., & Rama, D. V. (2007). Auditor industry specialization, client bargaining power, and audit fees: Further evidence. Auditing: A Journal of Practice & Theory, 26(1), 147-158.
Huang, H. W., Raghunandan, K., & Rama, D. (2009). Audit fees for initial audit engagements before and after SOX. Auditing: A Journal of Practice & Theory,28(1), 171-190.
Ibrahim, S., & Lloyd, C. (2011). The association between non-financial performance measures in executive compensation contracts and earnings management. Journal of Accounting and Public Policy, 30(3), 256-274.
Johnstone, K. M., & Bedard, J. C. (2001). Engagement planning, bid pricing, and client response in the market for initial attest engagements. The Accounting Review, 76(2), 199-220.
Jones, J. J. (1991). Earnings management during import relief investigations.Journal of accounting research, 29, 193-228.
Kim, J. B., & Sohn, B. C. (2011). Real versus accrual-based earnings management and implied cost of equity capital. Available at SSRN 1297938.
Kim, Y., & Park, M. S. (2009). Auditor resignation versus dismissal and earnings management through real activities manipulation. Working paper. Santa Clara University.
Kothari, S. P., Leone, A. J., & Wasley, C. E. (2005). Performance matched discretionary accrual measures. Journal of accounting and economics, 39(1), 163-197.
Kreutzfeldt, R., & Wallace, W. (1986). Error characteristics in audit populations: Their profile and relationship to environmental factors. Auditing: A Journal of Practice & Theory 6 (Fall): 20-43.
Mizik, N., & Jacobson, R. (2007). Myopic marketing management: Evidence of the phenomenon and its long-term performance consequences in the SEO context. Marketing Science, 26, 361-379.
Palmrose, Z. (1986a). Audit fees and auditor size: Further evidence. Journal of Accounting Research, 24, 97-110.
Palmrose, Z. (1986b). The effect of non-audit services on the pricing of audit services: Further evidence. Journal of Accounting Research, 24, 405-411.
Pauwels, K., Silva-Risso, J., Srinivasan, S., & Hanssens, D. (2004). New products, sales promotions, and firm value: The case of automobile industry. Journal of Marketing, 68, 142-156.
Raghunandan, K., & Rama, D. (2006). SOX Section 404 material weakness disclosures and audit services. Auditing: A Journal of Practice & Theory, 25 (1), 99-114.
Roychowdhury, S. (2006). Earnings management through real activities manipulation. Journal of Accounting and Economics, 42, 335-370.
Simon, D., & Francis, J. (1988). The effects of auditor change on audit fees: Test of price cutting and price recovery. The Accounting Review, 63, 255-69.
Simunic, D. (1980). The pricing of audit services: Theory and evidence. Journal of Accounting Research, 22, 161-90.
Sohn, B. C. (2011). Do auditors care about real earnings management in their audit fee decisions?. Available at SSRN 1899189.
Srinidhi, B., & Gul, F. (2007). The differential effects of auditors’ nonaudit and audit fees on accrual quality. Contemporary Accounting Research, 24, 595-629.
Stein, J. (1989). Efficient capital markets, inefficient firms: A model of myopic corporate behavior. Quarterly Journal of Economics (November), 104(4), 655-669.
Whisenant, S., Sankaraguruswamy, S. & Raghunandan, K. (2003). Evidence on the joint determination of audit and non-audit fees. Journal of Accounting Research, 41, 721-744.
Willingham, J., & Wright, W. (1985). Financial statement errors and internal control judgments. Auditing: A Journal of Practice & Theory, 5 (1), 57-70.
Zang, A. (2007). Evidence on the tradeoff between real manipulation and accrual manipulation. Working Paper. Hong Kong University of Science and Technology.