Abstract

Based on the scores and ratings related to the evaluation of ESG material issues under SASB disclosure framework, this study employs a 2SLS model to investigate whether ESG performance enhances firm performance (ROA and ROE) or the other way around by using a sample of Taiwan listed companies over the period of 2018 to 2020. We cannot find evidence that ESG performance (measured in terms of scores and ratings) helps enhance the performance of the firm. However, the empirical results indicate tha...

Abstract

In Taiwan's audit market, two individual auditors are required to sign their names on the audit report, and each auditor is engaged by multiple clients. Therefore, there exists a network filled with common signing auditor ties in the audit market. The nodes, representing individual firms, and the linkages, representing the common signing auditor between firms, form a common signing auditor network. The purposes of this study is to examine the impact of the centrality of the audit market of the c...

Abstract

The purpose of this study is to explore the impact of individual auditor connection of association and alliance on audit fees from 2016 to 2019 in Taiwan listed companies. This study further considers the impact on non-big 4 audit firms. The results show that non-big 4 individual auditors, who participate in more social network organizations, will earn more audit fees. Additionally, as the sensitivity tests such as the importance of auditors’ positions, controlling endogeneity, adopting differen...

Abstract

This study examines the relationship between the information needs of financial statement users and the content similarity of key audit matters (KAMs). This paper infers auditors’ motivations for disclosing KAMs from the following two aspects. First, according to the theory of helping behavior, when financial statement users have higher information needs, which means there are more investors with limited attention, auditors may prefer to disclose more information in KAMs to protect investors, re...