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Effects of Service Innovation on Financial Performance of Small Audit Firms in Taiwan

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Listed:
  • Yi-Fang Yang
  • Lee-Wen Yang
  • Yahn-Shir Chen

Abstract

This study examines the effects of service innovation on financial performance of proprietorship audit firms in Taiwan. This study divides total sample into three business strategy categories, including conventional, non-conventional, and general firms. Non-conventional firms have the highest degree of service innovation followed by general firms. Conventional firms have the lowest degree of service innovation. Empirical results indicate that non-conventional firms financially outperform general firms, and the latter outperforms conventional firms.

Suggested Citation

  • Yi-Fang Yang & Lee-Wen Yang & Yahn-Shir Chen, 2014. "Effects of Service Innovation on Financial Performance of Small Audit Firms in Taiwan," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 8(2), pages 87-99.
    • Handle: RePEc:ibf:ijbfre:v:8:y:2014:i:2:p:87-99
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    References listed on IDEAS

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    Cited by:

    1. Deac Veronica, 2017. "The Necessity Of Approaching The Enterprise Performance Concept Through A Theoretical Fundamental System," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 63-69, October.

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    More about this item

    Keywords

    Service Innovation; Financial Performance; Audit Firms;
    All these keywords.

    JEL classification:

    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

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