{"product_id":"audit-tenure-and-the-equity-risk-premium-von-rana-baker","title":"Audit Tenure and the Equity Risk Premium","description":"\u003cp\u003eit is observed that most firms in Jordan retain the  audit firm for long period of time, this long  auditor-client relationship can have adverse effect  on perceived audit quality; as long-term  relationships between companies and their auditors  create a level of closeness that impairs auditor  independence and reduces audit quality, this close  relationship may create a conflict of interest for  the auditor and can adversely affect the auditing  process (opinion\/integrity); The auditor could  identify closely with management''s perspective and  not exhibit sufficient professional skepticism. In  addition, management can take advantage of the  auditor''s conflict by making a personal appeal for  compassion and support. This leads us to the  following question: Does long audit firm tenure affect perceived audit  quality?  This study will investigate whether audit firm  tenure affect perceived audit quality by examining  the relation between audit firm tenure and the  client ¿specific equity risk premium -that is, the  excess of client specific cost of equity capital  over the risk free interest rate.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783843362771\"\u003e\u003ch3\u003ethe relationship between audit tenure and the quality of audit\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783843362771","offer_id":39470070562909,"sku":"9783843362771","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/015d4355-c67b-47d1-9944-253cfa6ea30c.jpg?v=1758953539","url":"https:\/\/shop.autorenwelt.de\/products\/audit-tenure-and-the-equity-risk-premium-von-rana-baker","provider":"Autorenwelt Shop","version":"1.0","type":"link"}