This study examines the effects of training on organization-level financial performance for male-owned and female-owned audit firms. We define audit firms whose auditors take professional training as non-violator firms and whose auditors do not take professional training as violator firms. Regression results indicate that financial performance of non-violator audit firms is better than that of violator firms. Maleowned audit firms are superior in financial performance to female-owned ones. Maleowned violator firms even outperform female-owned non-violator firms. In addition, the extent of financial performance effect of training in the female-owned audit firms is higher compared to the male-owned firms. Findings gained in this study indicate that gender-role stereotype dominates the determination of financial performance of Taiwanese audit firms due to the Chinese cultural values in social roles against women. This study extends prior studies on training and gender gap, contributing knowledge to the extant literatures.
This study examines the association between professional training, higher academic qualifications (educational levels) and operating performance of audit firms in Taiwan. We particularly focus on the curvilinear effects of higher academic qualifications on operating performance. We group the total sample into three categories: national, regional and local audit firms. Based on the theoretical framework in industrial economics, we establish a cross-sectional multiple regression equation to test our hypotheses. Both higher academic qualifications and professional training are positively related to the operating performance of audit firms. Professional training moderates the relation between higher academic qualifications and operating performance. Higher academic qualifications exhibit a curvilinear effect on operating performance with a reverse U-shaped relation for the national audit firms and a U-shaped relation for both regional and local audit firms. Due to data unavailability, some factors affecting the audit quality and operating performance are not included in our analysis, such as auditor teamwork, internal control system, operating policies and auditing procedures of audit firms. The findings that higher academic qualifications are positively associated with the operating performance of audit firms justify the educational policy of establishing institutes or graduate schools in accounting over the past two decades. Furthermore, audit firms skillfully exploit employees with higher academic qualifications to improve their operating performance. We are the first to document the moderating effects of professional training and the curvilinear association between higher academic qualifications and operating performance, contributing knowledge to related literature.Sustainability 2020, 12, 1254 2 of 16 reorganization of many junior colleges as an academy or technology university. The sharp increases in the number of university lead to substantial growth in the number of graduates with higher educational levels. Taking the higher education of accounting as an example, to date, 37 universities establish departments of accounting to grant bachelor's degree. Among which, 26 universities set institute or graduate school in accounting to deliver master or doctoral degree. Under the landscape of educational policy, Taiwanese audit firms recruit more auditors with higher educational levels. The Taiwanese Financial Supervisory Commission indicates that the ratio of auditors with bachelor's degrees rose from 49.3% in 1992 to 66.8% in 2015. The ratio of auditors with master's degree or above was 7.6% in 1992 and climbed to 20.4% in 2015. The growth rates of auditors with bachelor's degree are 35.5% but that of auditors with master's degree or above are as high as 168.4%.Audit firms are a professional organization and an expertise and human capital-intensive industry. To fulfil their auditing jobs, auditors are required to have academic educational levels, professional training and work experience [4]. Auditors typically in...
The purpose of the study is to explore the influence of teaching evaluations on teachers in that they might try to please their students by giving higher grades in order to get higher teaching evaluation scores. To achieve this purpose, the study analyzed the correlations between teaching evaluation scores, student's final grades and course fail rates, and it also examined whether students' final scores and course fail rates are important predictors of teaching evaluation scores. The study used teaching evaluation scores and students' final grades of the courses offered in the fall term of academic year 2014 and the spring term of academic year 2015 in one university in Taiwan as research samples. The results showed that both student's final grades and course fail rates are predictors of teaching evaluation scores. There is a positive correlation between teaching evaluation scores and students' final grades, and a negative correlation between teaching evaluation scores and course fail rates. Based on the findings, the study inferred that the implementation of teaching evaluations may influence teachers to give better grades and lower course requirements to please their students in order to get higher teaching evaluation scores.
Purpose The purpose of this paper is to examine the direct and interactive effects of audit service quality and audit market concentration on performance of public accounting firms in Taiwan. Design/methodology/approach Empirical data of this study come from registered public accounting firms in Taiwan, an industrial data. From the perspective of industrial economics and based on the structure-conduct-performance paradigm (Cowling and Waterson, 1976), this study use OLS to test the linear regression equation. Findings Empirical results indicate that both audit service quality and audit market concentration have positive effects on performance. The interaction terms between audit service quality and audit market concentration are positively related to performance. Practical implications This documents that human capital is the core resource in public accounting firms which could enhance performance through higher audit service quality under intense market competition. Specifically, facing increasingly competitive audit market, public accounting firms response to the hostile situation by employing auditors with higher educational level, more work experience, with professional licenses, and taking more continuing professional education. Originality/value Few previous researches consider the effects of either market concentration or audit service quality on firm performance. This study simultaneously examines the relation among audit service quality, audit market concentration, and performance of public accounting firms. With the results, this study contributes knowledge to human resource and quality management-related literatures.
Two professional service organizations, an auditor and a tax agent, provide services to the same target clients. Taiwan established a new regulatory system for tax agents in 2004, which directly enhances their ability to compete with auditors. From the perspective of the economic theory of regulation, this study investigates the indirect effects of the new regulatory system on the business of auditors. We focus on auditors in proprietorship audit firms and divide the sample period into before and after 2004. This study establishes a cross-sectional regression equation to test our hypotheses. We classify the types of business into three levels, total amount, three categories and six individual items. Based on the 1989–2017 Survey Report of Audit Firms in Taiwan, we find that auditors perform better after 2004, indicating that increased competition leads to positive sustainability for auditors. Further results show that the effects of the regulation on auditors’ performance are greater after 2004, additional evidence of the positive indirect effect on auditors. This study contributes to the literature, provides public policy implications to regulators and contributes managerial information to auditors.
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