Impact of Corporate Lobbying on Board Compensation and Audit Quality

Impact of Corporate Lobbying on Board Compensation and Audit Quality

Blog Article

Corporate lobbying is one Oven Auxilliary Switch of the most important ways companies, society, and even citizens can directly and legally influence the development and implementation of new laws and regulations.Theoretically, lobbying can be a threat to auditor independence as well.This study investigates the impact of corporate lobbying on board compensation and audit quality.

Using a sample of 150 companies listed on the Tehran Stock Exchange over period 2012-2018, the Modesty Panels study shows that corporate lobbying has a significant impact on board compensation and audit quality.This is the first study investigating the impact of corporate lobbying on board compensation and audit quality of companies listed on the Tehran Stock Exchange.