RT journal article
T1 Long-term audit engagements and opinion shopping: Spanish evidence
A1 Ruiz Barbadillo, Emiliano
A1 Gómez Aguilar, María de las Nieves
A1 Biedma López, Estíbaliz
A2 Economía Financiera y Contabilidad
K1 Auditor tenure
K1 Opinion shopping
K1 Independence
K1 Mandatory auditor rotation
K1 Big 5
K1 Spanish context
AB Auditor tenure is an issue that has attracted considerable attention recently. This interest has focused mainly on determining whether long-term audit contracts improve the quality of the service. So far, research has failed to provide a definite answer to this question. In the face of this lack of consensus, we wish to analyze the relationship between the length of the audit contract and auditor independence. Specifically, using a model that includes control variables as proxies for the auditor’s economic incentives, we analyze whether long-term audit contracts increase the possibility of a company’s engaging in opinion shopping. We develop an opinion shopping model, together with univariate and logistic regression models. Our results show that the longer the audit engagement, the lower the probability of opinion shopping. The implications for mandatory auditor rotation regulation are also discussed.
YR 2006
FD 2006
LK http://hdl.handle.net/10498/38747
UL http://hdl.handle.net/10498/38747
LA eng
DS Repositorio Institucional de la Universidad de Cádiz
RD 22-sep-2026