Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

The Impact of Corporate Governance on the Relationship between CEO Compensation and Audit Fee in the Listed Companies in Tehran Stock Exchange

Document Type : Original Article

Authors
parisa mohammadi 1
ehsan rajaee zadeh harandi 2
jaber ashoore 3
1 Shahid Ashrafi University/Esfahan/Iran
2 Shahab Danesh University / Qom / Iran
3 Harand University of Applied Sciences/Esfahan/Iran
Abstract
This study investigates the effect of corporate governance on the relationship between CEO compensation and audit fees in companies listed on the Tehran Stock Exchange. The present study is applied in terms of purpose and is causally (post-event) in terms of correlation methodology. The statistical population of the study is all companies listed on the Tehran Stock Exchange and using the systematic elimination sampling method, 111 companies were selected as the research sample and were surveyed in a weekly period between 2013 to 2019. Eviews software version 9 and multiple regression based on composite data were used to test the research hypotheses. The results of the study show that there is a positive relationship between CEO compensation and audit fee, which means that with increasing CEO compensation, audit fee will increase; In addition, corporate governance affects the relationship between CEO compensation and audit fee.
Keywords
Audit Fee
CEO Compensation
Corporate Governance