The Moderating Role of Corporate Social Responsibility on the Relationship between Bank Loan Guarantee and Audit Fees

Document Type : Research Paper

Authors

1 Master of accounting, department of accounting, faculty of management and economic, Lorestan University, Khoramabad, Iran

2 Assistant Professor, department of accounting, faculty of management and economic Lorestan University, Khoramabad, Iran

Abstract

Banks and credit institutions obtain bank loans and guarantees in return for lending to business units. As companies increase the level of loan guarantees, the legal responsibilities associated with it, increase. In such cases, independent auditors should design and implement a more coherent and robust program to assess and determine audit risk. The purpose of this study is to investigate the moderating role of corporate social responsibility on the relationship between bank loan guarantee and audit fees of companies listed on the Tehran Stock Exchange. For this purpose, financial information of 100 companies during the period of 2010 to 2020 has been prepared by the method of combined data analysis, and has been analyzed using econometrics software (Eviews8). The findings of this study show that there is no significant relationship between bank loan guarantee and company audit fee. Disclosure of social responsibilities also has a moderating effect on the relationship between bank loan guarantee and the company's audit fees and by entering the social responsibility variable, increasing the bank loan guarantee leads to an increase in auditing fees.

Keywords

References

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Journal of Accounting and Social Interests
Volume 11, Issue 3 - Serial Number 42
December 2021
Pages 89-106

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History

  • Receive Date: 03 July 2021
  • Revise Date: 19 November 2021
  • Accept Date: 28 November 2021

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