IDEAS home Printed from https://ideas.repec.org/a/taf/oaefxx/v9y2021i1p1938379.html
   My bibliography  Save this article

Audit partner rotation, and its impact on audit quality: Evidence from India

Author

Listed:
  • Partha Mohapatra
  • Ajit Dayanandan
  • Sudershan Kuntluru
  • Athira A
  • David McMillan

Abstract

Using multiple indicators of audit quality, the study examines the impact of audit partner rotation on audit quality in India based on 1,694 firm years for the period of 2011–2017 when the institutional set up for audit partner rotation was voluntary. The empirical results indicate that the audit partner rotation had no significant impact on audit quality as measured by discretionary accruals and going concern audit opinion. The study finds that other factors like loss year, size of the firm, value, leverage have a statistically significant impact on audit quality. The empirical results also indicate an inverse relationship between audit fees and audit partner rotation implying, price-cutting of the audit. The findings are important to regulators regarding the significance of audit partner rotation in enhancing audit quality.

Suggested Citation

  • Partha Mohapatra & Ajit Dayanandan & Sudershan Kuntluru & Athira A & David McMillan, 2021. "Audit partner rotation, and its impact on audit quality: Evidence from India," Cogent Economics & Finance, Taylor & Francis Journals, vol. 9(1), pages 1938379-193, January.
    • Handle: RePEc:taf:oaefxx:v:9:y:2021:i:1:p:1938379
    DOI: 10.1080/23322039.2021.1938379
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/23322039.2021.1938379
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/23322039.2021.1938379?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:oaefxx:v:9:y:2021:i:1:p:1938379. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/OAEF20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.