Do Egyptian non-financial listed companies engage in auditor opinion shopping ? influence of auditor tenure, abnormal auditor fees, and earnings quality

Abstract EN

Auditor opinion shopping has received much attention from prior studies in the developed countries.

However, it is yet to be discussed in detail in the developing countries namely, Egypt.

The current study seeks to fill the gap in this area by examining the association between internal auditor opinion shopping and auditor tenure, abnormal audiior fees, and earnings quality for Egyptian non-financial listed companies.

Descriptive analysis yields that Egyptian companies are engaged in internal auditor opinion shopping.

In addition, many models are employed to explore the determinants of internal auditor opinion shopping in Egypt.

A logistic regression model indicates that the sampled companies in long-term contracts with their auditors, large abnormal auditor fees, Hnd low earnings quality are more likely to engage in internal auditor opinion shopping.

As auditor opinion shopping is seldom investigated in an emerging economy, examining the impact of the interrelationships between different variables in one construction on in-ternal auditor opinion shopping in the Egyptian context with specific steps unique to the Egyptians environment repress-ents the main contribution of the current study.