Influence of corporate governance mechanisms on audit and non-audit fees: a comparison of government linked companies (GLCs) and non-GLCs / Masdiah Abdul Hamid

The purpose of this study is to examine the association between fees, and board and audit committee characteristics of 191 government-linked companies (GLCs) and nongovernment linked companies (non-GLCs). Audit tenure also involved in this study in order to see the impact of fees paid on auditor ind...

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Main Author:	Abdul Hamid, Masdiah
Format:	Thesis
Language:	English
Published:	2011
Subjects:	Auditing Auditors
Online Access:	https://ir.uitm.edu.my/id/eprint/89126/1/89126.pdf
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id	my-uitm-ir.89126
record_format	uketd_dc
spelling	my-uitm-ir.891262024-01-09T04:31:03Z Influence of corporate governance mechanisms on audit and non-audit fees: a comparison of government linked companies (GLCs) and non-GLCs / Masdiah Abdul Hamid 2011-05 Abdul Hamid, Masdiah Auditing. Auditors The purpose of this study is to examine the association between fees, and board and audit committee characteristics of 191 government-linked companies (GLCs) and nongovernment linked companies (non-GLCs). Audit tenure also involved in this study in order to see the impact of fees paid on auditor independence. It is hypothesised that corporate governance practices is not affect to the auditor’s assessment, resulting no affect on the fees payment. In order to investigate the findings, a sample of 191 GLCs and non-GLCs listed on the Bursa Malaysia are used that across three years in 2006 to 2008. It is analyzed using a quantitative method that employed by SPSS which compared similar characteristics of boards and audit committee in audit fees and non- audit fees. Multiple regression analysis is used to estimate the relationships proposed in the hypotheses. The finding reveals that fees are positively and significantly related to board size, while not significant related to other governance variables for GLCs. With respect to the non-GLCs, the study reveals that board size is negatively and significantly associated with fees. The study also finds a significant negative relationship between duality role and independent audit committee with audit fees, while not significant with non-audit fees. As for audit tenure, the study reveals that fees are not significant associated with audit tenure for both GLCs and non-GLCs. As a conclusion, there is quite different result between GLCs and non-GLCs in terms of fees payment. The result also shows that GLCs pay lower fees and practice more favourable corporate governance practices compared to their non-GLCs counterparts. 2011-05 Thesis https://ir.uitm.edu.my/id/eprint/89126/ https://ir.uitm.edu.my/id/eprint/89126/1/89126.pdf text en public masters Universiti Teknologi MARA, Terengganu Faculty of Accountancy Abdullah, Azizah
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Abdullah, Azizah
topic	Auditing Auditors
spellingShingle	Auditing Auditors Abdul Hamid, Masdiah Influence of corporate governance mechanisms on audit and non-audit fees: a comparison of government linked companies (GLCs) and non-GLCs / Masdiah Abdul Hamid
description	The purpose of this study is to examine the association between fees, and board and audit committee characteristics of 191 government-linked companies (GLCs) and nongovernment linked companies (non-GLCs). Audit tenure also involved in this study in order to see the impact of fees paid on auditor independence. It is hypothesised that corporate governance practices is not affect to the auditor’s assessment, resulting no affect on the fees payment. In order to investigate the findings, a sample of 191 GLCs and non-GLCs listed on the Bursa Malaysia are used that across three years in 2006 to 2008. It is analyzed using a quantitative method that employed by SPSS which compared similar characteristics of boards and audit committee in audit fees and non- audit fees. Multiple regression analysis is used to estimate the relationships proposed in the hypotheses. The finding reveals that fees are positively and significantly related to board size, while not significant related to other governance variables for GLCs. With respect to the non-GLCs, the study reveals that board size is negatively and significantly associated with fees. The study also finds a significant negative relationship between duality role and independent audit committee with audit fees, while not significant with non-audit fees. As for audit tenure, the study reveals that fees are not significant associated with audit tenure for both GLCs and non-GLCs. As a conclusion, there is quite different result between GLCs and non-GLCs in terms of fees payment. The result also shows that GLCs pay lower fees and practice more favourable corporate governance practices compared to their non-GLCs counterparts.
format	Thesis
qualification_level	Master's degree
author	Abdul Hamid, Masdiah
author_facet	Abdul Hamid, Masdiah
author_sort	Abdul Hamid, Masdiah
title	Influence of corporate governance mechanisms on audit and non-audit fees: a comparison of government linked companies (GLCs) and non-GLCs / Masdiah Abdul Hamid
title_short	Influence of corporate governance mechanisms on audit and non-audit fees: a comparison of government linked companies (GLCs) and non-GLCs / Masdiah Abdul Hamid
title_full	Influence of corporate governance mechanisms on audit and non-audit fees: a comparison of government linked companies (GLCs) and non-GLCs / Masdiah Abdul Hamid
title_fullStr	Influence of corporate governance mechanisms on audit and non-audit fees: a comparison of government linked companies (GLCs) and non-GLCs / Masdiah Abdul Hamid
title_full_unstemmed	Influence of corporate governance mechanisms on audit and non-audit fees: a comparison of government linked companies (GLCs) and non-GLCs / Masdiah Abdul Hamid
title_sort	influence of corporate governance mechanisms on audit and non-audit fees: a comparison of government linked companies (glcs) and non-glcs / masdiah abdul hamid
granting_institution	Universiti Teknologi MARA, Terengganu
granting_department	Faculty of Accountancy
publishDate	2011
url	https://ir.uitm.edu.my/id/eprint/89126/1/89126.pdf
_version_	1794192200692662272

Influence of corporate governance mechanisms on audit and non-audit fees: a comparison of government linked companies (GLCs) and non-GLCs / Masdiah Abdul Hamid

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