15 research outputs found
KrĂŒppel-Like Factor 4 Overexpression Initiates a Mesenchymal-to-Epithelial Transition and Redifferentiation of Human Pancreatic Cells following Expansion in Long Term Adherent Culture
Acknowledgments The Scottish Islet Transplant Programme is funded by the National Services Division of the National Health Service (NHS) Scotland. KRM was supported by a Fellowship from the Wellcome Trust/Scottish Translational Medicines and Therapeutics Initiative (85664).Peer reviewedPublisher PD
Book Review: History of Countertransference: From Freud to the British Object Relations School
Audit regulation in an international setting: Testing the impact of religion, culture, market factors, and legal code on national regulatory efforts
Birth of the Everlasting Chinese Empire: Han Dynasty Political Practices and Regionalism Threats
The Impact of Religiosity on Audit Pricing
Prior literature has demonstrated that religiosity is associated with a reduced acceptance of unethical business practices and financial reporting irregularities. On this premise, we examine whether religiosity, conceptualized as the degree of adherence to religious norms in the geographical area where a firmâs headquarters is located, has an impact on audit firmsâ pricing decisions in the US. We measure the intensity of religiosity by the number of adherents relative to the total population in a county and demonstrate that increased religious adherence operates as an institutionalized monitoring mechanism that decreases audit risk and audit costs, which is, in turn, reflected in reduced audit pricing. Additional tests suggest that the impact of religiosity on auditorsâ pricing decisions is not differentiated by levels of auditor expertise but that audit fees are determined by an auditorâs relative location in a market sector and religious adherence. We conclude that religious adherence reduces the need for shareholders to bear the costs of monitoring agents, a finding which could be of importance for market participants and regulators