All Outputs (2)

Can audit effort (hours) reduce a firm’s cost of capital? Evidence from South Korea (2020)
Journal Article
Mali, D., & Lim, H. (2021). Can audit effort (hours) reduce a firm’s cost of capital? Evidence from South Korea. Accounting Forum, 45(2), 171-199. https://doi.org/10.1080/01559982.2020.1848347

In this paper, we examine the relationship between audit effort measured as audit hours and a firm’s weighted average cost of capital (WACC). Using a sample of Korean listed firms, we hypothesise a potentially bi-directional relationship between WACC... Read More about Can audit effort (hours) reduce a firm’s cost of capital? Evidence from South Korea.

Do Relatively More Efficient Firms Demand Additional Audit Effort (Hours)? (2020)
Journal Article
Mali, D., & Lim, H. (2021). Do Relatively More Efficient Firms Demand Additional Audit Effort (Hours)?. Australian Accounting Review, 31(2), 108-127. https://doi.org/10.1111/auar.12327

We examine whether firms with higher relative efficiency (operational performance) require additional audit effort (hours) to signal audit quality to demonstrate that their financial reporting systems are robust. Therefore, we use a Korean sample of... Read More about Do Relatively More Efficient Firms Demand Additional Audit Effort (Hours)?.