caa a22 4500 463187628 CHVBK 20180406164858.0 cr unu---uuuuu 170326e20070401xx s 000 0 eng 10.1007/s11156-006-0012-9 doi (NATIONALLICENCE)springer-10.1007/s11156-006-0012-9 The association between audit committees, compensation incentives, and corporate audit fees [Elektronische Daten] [Nikos Vafeas, James Waegelein] This study uses audit fee data from the 2001-2003 reporting periods to examine the relationship between measures of audit committee effectiveness and compensation incentives with corporate audit fees. Our results suggest that audit committee size, committee member expertise, and committee member independence are positively associated to audit fee levels, consistent with the notion that audit committees serve as a complement to external auditors in monitoring management. In contrast, CEO long-term pay and insider ownership are inversely related to audit fee levels, substituting for external audit effort in motivating management. Notwithstanding results on the full sample of firm-years, we uncover significant differences in the determinants of audit fees between the years examined. An important implication of these results is that explaining the intra-firm variation in audit fees over time is clearly necessary in order to understand the antecedents and consequences of audit fees. Springer Science+Business Media, LLC, 2006 Audit committees nationallicence Executive compensation nationallicence Audit fees nationallicence Vafeas Nikos Department of Public and Business Administration, University of Cyprus, Kallipoleos 75, 1678, Nicosia, Cyprus aut Waegelein James School of Business, Emporia State University, 1200 Commercial St., Box 4057, 66801-5087, Emporia, KS., USA aut Review of Quantitative Finance and Accounting Kluwer Academic Publishers-Plenum Publishers; http://www.springer-ny.com 28/3(2007-04-01), 241-255 0924-865X 28:3<241 2007 28 11156 https://doi.org/10.1007/s11156-006-0012-9 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s11156-006-0012-9 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Vafeas Nikos Department of Public and Business Administration, University of Cyprus, Kallipoleos 75, 1678, Nicosia, Cyprus aut NATIONALLICENCE 700 1- Waegelein James School of Business, Emporia State University, 1200 Commercial St., Box 4057, 66801-5087, Emporia, KS., USA aut NATIONALLICENCE 773 0- Review of Quantitative Finance and Accounting Kluwer Academic Publishers-Plenum Publishers; http://www.springer-ny.com 28/3(2007-04-01), 241-255 0924-865X 28:3<241 2007 28 11156 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer