气候变化领域集成服务门户(CCPortal): Drought risk and audit pricing: a mixed-methods study

CCPortal

DOI	10.1108/ARA-10-2023-0294
	Drought risk and audit pricing: a mixed-methods study
	Sarlak, Amin; Khodakarami, Mehdi; Hesarzadeh, Reza; Nazari, Jamal A.; Taghimolla, Fatemeh
发表日期	2024
ISSN	1321-7348
EISSN	1758-8863
英文摘要	PurposeClimate change has led to a rise in the frequency, intensity and scope of droughts, posing significant implications for businesses. This study examines the impact of local community drought levels on audit pricing. Additionally, it explores the moderating effects of high-tech industries, auditor busyness and the level of local community concern regarding the drought crisis.Design/methodology/approachThis study employs a mixed-methods approach to rigorously test the research hypotheses. The quantitative phase of the study utilizes a sample of 1,278 firm-year observations from Iran's capital market. For the analysis of the quantitative data, ordinary least squares regression with clustered robust standard errors is used. Additionally, this research supplements its quantitative findings with qualitative evidence obtained through semi-structured interviews with 19 Iranian audit partners.FindingsThe results suggest that firms operating in provinces facing severe droughts experience notably higher audit fees. Furthermore, the positive relationship between drought and audit fees is weakened when auditors are busy, local community concern regarding the drought crisis is high or the firm operates within high-tech industries. These findings are supported by a range of robustness checks and qualitative evidence gathered from the field.Originality/valueThis research contributes to the growing literature on climate change by examining the influence of local community drought levels on audit pricing within an Iranian context. Additionally, our study sheds light on how high-tech industries, auditor workload and the level of local community concern regarding the drought crisis moderate the relationship between drought and audit fees. Importantly, our study pioneers in providing mixed-methods evidence of the association between drought severity and audit fees.
英文关键词	Drought; Climate change; Audit risk; Audit fees
语种	英语
WOS研究方向	Business & Economics
WOS类目	Business, Finance
WOS记录号	WOS:001219566000001
来源期刊	ASIAN REVIEW OF ACCOUNTING
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/289722
作者单位	University of Tehran; Monash University; Ferdowsi University Mashhad; Simon Fraser University; Erasmus University Rotterdam - Excl Erasmus MC; Erasmus University Rotterdam
推荐引用方式 GB/T 7714	Sarlak, Amin,Khodakarami, Mehdi,Hesarzadeh, Reza,et al. Drought risk and audit pricing: a mixed-methods study[J],2024.
APA	Sarlak, Amin,Khodakarami, Mehdi,Hesarzadeh, Reza,Nazari, Jamal A.,&Taghimolla, Fatemeh.(2024).Drought risk and audit pricing: a mixed-methods study.ASIAN REVIEW OF ACCOUNTING.
MLA	Sarlak, Amin,et al."Drought risk and audit pricing: a mixed-methods study".ASIAN REVIEW OF ACCOUNTING (2024).