The association between continuing professional education and financial performance of public accounting firms

Chen, Yahn-Shir; Chang, Bao‐Guang; Lee, Chia‐Chi

doi:10.1080/09585190802295363

Cited by 47 publications

(64 citation statements)

References 11 publications

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“…Thus we expect that a profit performance for CPA firms will differ by gender, such that female owners are likely to underperform than males. (2004) and Chen et al (2008) also found that older CPA firms generally have better business performance; (3) Service diversification (DIVERSE): A CPA firm provides a variety of professional services. By providing diverse services, it can reduce risks, increase profits, and further enhance its competitiveness in the market.…”

Section: Asian Journal Of Finance and Accountingmentioning

confidence: 99%

“…By providing diverse services, it can reduce risks, increase profits, and further enhance its competitiveness in the market. According to Chen et al (2008), service diversification is positively related to business performance (PERF). We measured this variable using a Herfindahl index (Sherer, 1995;Hitt, Bierman, Shimizu & Kochhar, 2001), and deducted from 1.…”

Section: Asian Journal Of Finance and Accountingmentioning

confidence: 99%

“…According to the Texas Society of Certified Public Accountants (1997)(1998)(1999)(2000), the weights of experience of partners, professionals, and other employees among US CPA firms are in the proportions 6:2:1. (5) Number of branches (BRANCH) refers to the number of branches operated by the CPA firm (see Greenwood et al, 2005;Chen et al, 2008).…”

Section: Asian Journal Of Finance and Accountingmentioning

confidence: 99%

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Gender Difference in Profit Performance—Evidence from the Owners of Small Public Accounting Practices in Taiwan

Hsu

Kuo

Chang

2013

AJFA

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This study aims to investigate whether the significant difference of the firm's profit performance exits between the male-owned and female-owned small accounting firms. Using data from 1992-2008 small public accounting practice in Taiwan, this study uses a panel data model to estimate the coefficients and to examine the association between gender variable and the firm's profit performance. The findings reveal that the significant difference in profit performance exists between male-owned and female-owned firms in sample. The study can clarify the effects of owner's gender on financial performance of businesses with the explanations that female owners adopt the different management strategies from the male owners. The study also implies that female-owned small businesses are easier to acquire external funds because of their lower risk preference, since the female owners can ensure stable collection of principal and interest. Our study contributes to our understanding of the differences in the profit performance between male-owned and female-owned CPA firms. Not merely can the results of this empirical study provide valuable research implications for women entrepreneurs in the professional accounting practice, but they also provide supplementary in existing accounting literature.

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Section: Asian Journal Of Finance and Accountingmentioning

confidence: 99%

Section: Asian Journal Of Finance and Accountingmentioning

confidence: 99%

Section: Asian Journal Of Finance and Accountingmentioning

confidence: 99%

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Gender Difference in Profit Performance—Evidence from the Owners of Small Public Accounting Practices in Taiwan

Hsu

Kuo

Chang

2013

AJFA

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“…Scale economies prevail in the public accounting industry (Banker et al, 2003) and large audit firms earn more fee premium over small ones due to their brand name reputation (Francis, 1984;Gul, 1999;Taylor & Simon, 1999). Further, earlier studies report a positive association between performance of audit firm and auditor size, measured either by number of partners (Rescho, 1987), number of full-time employees (Collins-Dodd et al, 2004) or by market share (Chen et al, 2008). Accordingly, this study expects a direct and positive relation between auditor size and performance and hypothesizes:…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 92%

“…Two indicators of educational level of auditors are used to extract auditor quality: number of auditors with bachelor degree (BACHELOR) and number of auditors with master or Ph.D degree (MASTER). Previous studies utilize age of auditor to assess work experience of auditors (Collins-Dodd et al, 2004;Brocheler et al, 2004;Fasci & Valdez, 1998;Chen et al, 2008). The practitioners argue that auditors older than 35 years old have worked in an audit firm over 10 years and are regarded as a much experienced employee.…”

Section: Definitions Of Variablementioning

confidence: 99%

Direct and Mediating Effects of Auditor Quality on Auditor Size and Performance

Cheng¹,

Chen²,

Chen³

2013

IBR

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In defining audit quality, DeAngelo (1981) assumes no variation in auditor's technical competency in discovering a breach. Instead, we relax this assumption and utilize principal components analysis technique to extract auditor quality from human capital factors of an audit firm. With the auditor quality, this study examines the association between auditor size and performance. In terms of market segment, audit firms are divided into public company audit market firms (PCAMFs) and non-public company audit market firms (NCAMFs). Based on path analysis, we find that auditor size has direct effect on performance and indirect effect through auditor quality. Auditor quality associates with both auditor size and performance positively. In further, auditor size has more contribution to performance of PCAMFs than that of NCAMFs. Auditor quality of PCAMFs explains more variation of financial performance than do NCAMFs. The results indicate that PCAMFs earn more financial performance through the upgrade of auditor quality.

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The role of spirituality dimension in the sustainability of Islamic banking: a combined structural equation modeling and artificial neural network approach

Hamidi

Zobair

Pratama³

2023

Environ Dev Sustain

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The association between continuing professional education and financial performance of public accounting firms

Cited by 47 publications

References 11 publications

Gender Difference in Profit Performance—Evidence from the Owners of Small Public Accounting Practices in Taiwan

Gender Difference in Profit Performance—Evidence from the Owners of Small Public Accounting Practices in Taiwan

Direct and Mediating Effects of Auditor Quality on Auditor Size and Performance

The role of spirituality dimension in the sustainability of Islamic banking: a combined structural equation modeling and artificial neural network approach

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