{"id":"https://openalex.org/W4385220098","doi":"https://doi.org/10.2308/ajpt-2021-036","title":"Do Auditors Price Common Ownership?","display_name":"Do Auditors Price Common Ownership?","publication_year":2023,"publication_date":"2023-07-24","ids":{"openalex":"https://openalex.org/W4385220098","doi":"https://doi.org/10.2308/ajpt-2021-036"},"language":"en","primary_location":{"id":"doi:10.2308/ajpt-2021-036","doi":"https://doi.org/10.2308/ajpt-2021-036","is_oa":false,"landing_page_url":"https://doi.org/10.2308/ajpt-2021-036","pdf_url":null,"source":{"id":"https://openalex.org/S75845752","display_name":"Auditing A Journal of Practice & Theory","issn_l":"0278-0380","issn":["0278-0380","1558-7991"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-2","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310316290","host_organization_name":"American Accounting Association","host_organization_lineage":["https://openalex.org/P4310316290"],"host_organization_lineage_names":["American Accounting Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Auditing: A Journal of Practice & Theory","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5109804629","display_name":"Krishnamurthy K. Raman","orcid":"https://orcid.org/0000-0002-8629-7890","observed_orcids":["https://orcid.org/0000-0002-8629-7890"]},"institutions":[{"id":"https://openalex.org/I45438204","display_name":"The University of Texas at San Antonio","ror":"https://ror.org/01kd65564","country_code":"US","type":"education","lineage":["https://openalex.org/I45438204"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"K. K. Raman","raw_affiliation_strings":["The University of Texas at San Antonio"],"raw_orcid":"https://orcid.org/0000-0002-8629-7890","affiliations":[{"raw_affiliation_string":"The University of Texas at San Antonio","institution_ids":["https://openalex.org/I45438204"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5036360639","display_name":"Chunlai Ye","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I96749437","display_name":"Texas A&M University \u2013 Corpus Christi","ror":"https://ror.org/01mrfdz82","country_code":"US","type":"education","lineage":["https://openalex.org/I96749437"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Chunlai Ye","raw_affiliation_strings":["Texas A&M University\u2013Corpus Christi"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Texas A&M University\u2013Corpus Christi","institution_ids":["https://openalex.org/I96749437"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5015047817","display_name":"Lin\u2010Hui Yu","orcid":"https://orcid.org/0000-0001-8430-3719","observed_orcids":["https://orcid.org/0000-0001-8430-3719"]},"institutions":[{"id":"https://openalex.org/I16733864","display_name":"National Taiwan University","ror":"https://ror.org/05bqach95","country_code":"TW","type":"education","lineage":["https://openalex.org/I16733864"]}],"countries":["TW"],"is_corresponding":false,"raw_author_name":"Lin-Hui Yu","raw_affiliation_strings":["National Taiwan University"],"raw_orcid":"https://orcid.org/0000-0001-8430-3719","affiliations":[{"raw_affiliation_string":"National Taiwan University","institution_ids":["https://openalex.org/I16733864"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.3778,"has_fulltext":false,"cited_by_count":10,"citation_normalized_percentile":{"value":0.92634802,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":91,"max":98},"biblio":{"volume":"42","issue":"4","first_page":"105","last_page":"129"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9750999808311462,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9750999808311462,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.01889999955892563,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13957","display_name":"Corporate Governance and Financial Management","score":0.004100000020116568,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/collective-ownership","display_name":"collective ownership","score":0.9980000257492065},{"id":"https://openalex.org/keywords/audit-fees","display_name":"audit fees","score":0.8379999995231628},{"id":"https://openalex.org/keywords/financial-institutions","display_name":"financial institutions","score":0.5270000100135803},{"id":"https://openalex.org/keywords/business-monitoring","display_name":"corporate monitoring","score":0.6679999828338623},{"id":"https://openalex.org/keywords/earnings-quality","display_name":"earnings quality","score":0.953000009059906},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.4050000011920929}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6841539740562439},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.6703630089759827},{"id":"https://openalex.org/C183178474","wikidata":"https://www.wikidata.org/wiki/Q1117368","display_name":"Common ownership","level":2,"score":0.6607057452201843},{"id":"https://openalex.org/C2776034101","wikidata":"https://www.wikidata.org/wiki/Q1509347","display_name":"Commission","level":2,"score":0.6603204011917114},{"id":"https://openalex.org/C35138590","wikidata":"https://www.wikidata.org/wiki/Q1081659","display_name":"Common stock","level":3,"score":0.6398288011550903},{"id":"https://openalex.org/C199521495","wikidata":"https://www.wikidata.org/wiki/Q181487","display_name":"Audit","level":2,"score":0.6319419145584106},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.5864976644515991},{"id":"https://openalex.org/C2776218570","wikidata":"https://www.wikidata.org/wiki/Q5326947","display_name":"Earnings quality","level":4,"score":0.5222072005271912},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.4436552822589874},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.31508153676986694},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.26153936982154846},{"id":"https://openalex.org/C4577558","wikidata":"https://www.wikidata.org/wiki/Q384475","display_name":"Accrual","level":3,"score":0.23158231377601624},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2308/ajpt-2021-036","doi":"https://doi.org/10.2308/ajpt-2021-036","is_oa":false,"landing_page_url":"https://doi.org/10.2308/ajpt-2021-036","pdf_url":null,"source":{"id":"https://openalex.org/S75845752","display_name":"Auditing A Journal of Practice & Theory","issn_l":"0278-0380","issn":["0278-0380","1558-7991"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-2","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310316290","host_organization_name":"American Accounting Association","host_organization_lineage":["https://openalex.org/P4310316290"],"host_organization_lineage_names":["American Accounting Association"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Auditing: A Journal of Practice & Theory","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":96,"referenced_works":["https://openalex.org/W121316440","https://openalex.org/W197709841","https://openalex.org/W1968941381","https://openalex.org/W1970158259","https://openalex.org/W1972431298","https://openalex.org/W1986187321","https://openalex.org/W1997496974","https://openalex.org/W2027987627","https://openalex.org/W2031526968","https://openalex.org/W2042790919","https://openalex.org/W2045740269","https://openalex.org/W2046572547","https://openalex.org/W2057553634","https://openalex.org/W2064129581","https://openalex.org/W2075288496","https://openalex.org/W2081724247","https://openalex.org/W2095413418","https://openalex.org/W2103212465","https://openalex.org/W2104106937","https://openalex.org/W2105094633","https://openalex.org/W2106244737","https://openalex.org/W2122450421","https://openalex.org/W2134142947","https://openalex.org/W2141689486","https://openalex.org/W2147733401","https://openalex.org/W2154988855","https://openalex.org/W2160980756","https://openalex.org/W2168165527","https://openalex.org/W2308179696","https://openalex.org/W2514513978","https://openalex.org/W2601351324","https://openalex.org/W2610153673","https://openalex.org/W2612457455","https://openalex.org/W2626199105","https://openalex.org/W2770199907","https://openalex.org/W2788611805","https://openalex.org/W2887416572","https://openalex.org/W2900807150","https://openalex.org/W2911898545","https://openalex.org/W2947065681","https://openalex.org/W2963263835","https://openalex.org/W2969247272","https://openalex.org/W2979791503","https://openalex.org/W3011505042","https://openalex.org/W3021143228","https://openalex.org/W3023409008","https://openalex.org/W3027579149","https://openalex.org/W3035453353","https://openalex.org/W3037983570","https://openalex.org/W3041180966","https://openalex.org/W3121143499","https://openalex.org/W3121149320","https://openalex.org/W3121239821","https://openalex.org/W3121345040","https://openalex.org/W3121345957","https://openalex.org/W3121526219","https://openalex.org/W3121668317","https://openalex.org/W3121850914","https://openalex.org/W3122023400","https://openalex.org/W3122352666","https://openalex.org/W3122443941","https://openalex.org/W3122475057","https://openalex.org/W3122729358","https://openalex.org/W3122819573","https://openalex.org/W3122985187","https://openalex.org/W3123092660","https://openalex.org/W3123123374","https://openalex.org/W3123132665","https://openalex.org/W3123722853","https://openalex.org/W3123853500","https://openalex.org/W3124170598","https://openalex.org/W3124286482","https://openalex.org/W3124388084","https://openalex.org/W3124402337","https://openalex.org/W3124551936","https://openalex.org/W3124830097","https://openalex.org/W3124851966","https://openalex.org/W3124979649","https://openalex.org/W3125128521","https://openalex.org/W3125147605","https://openalex.org/W3125751660","https://openalex.org/W3125911266","https://openalex.org/W3126078696","https://openalex.org/W3130239813","https://openalex.org/W3136883849","https://openalex.org/W3160427146","https://openalex.org/W3166760651","https://openalex.org/W3188634997","https://openalex.org/W3203229993","https://openalex.org/W4296508645","https://openalex.org/W4310535559","https://openalex.org/W4391826474","https://openalex.org/W4391826550","https://openalex.org/W6746271701","https://openalex.org/W6861397747","https://openalex.org/W7136153405"],"related_works":["https://openalex.org/W2999101021","https://openalex.org/W4414269830","https://openalex.org/W4417449438","https://openalex.org/W3131414345","https://openalex.org/W2057553634","https://openalex.org/W320328102","https://openalex.org/W2483301120","https://openalex.org/W4410516998","https://openalex.org/W4403341580","https://openalex.org/W3125795102"],"abstract_inverted_index":{"SUMMARY":[0],"Common":[1],"ownership":[2,55,61,107,129],"(i.e.,":[3],"financial":[4],"institutions\u2019":[5],"block":[6],"holding":[7],"stock":[8],"in":[9,78,99,156,165],"industry":[10],"rivals)":[11],"and":[12,22,25,34,43,95,130,137],"its":[13],"implications":[14,147],"for":[15,84],"investors":[16,136],"are":[17,131,159],"matters":[18],"of":[19,37,124,132,148],"current":[20],"interest":[21,134],"debate":[23,33],"(Securities":[24],"Exchange":[26],"Commission":[27],"(SEC)":[28],"2018).":[29],"Motivated":[30],"by":[31],"this":[32],"the":[35,51,76,122,138,145,157,166],"salience":[36],"common":[38,47,54,60,87,106,128,149],"ownership,":[39],"we":[40,58,73,104],"investigate":[41],"whether":[42],"how":[44],"auditors":[45],"price":[46],"ownership.":[48,150],"Consistent":[49],"with":[50],"notion":[52],"that":[53,75],"improves":[56],"monitoring,":[57],"find":[59,74,105],"is":[62,81],"related":[63],"to":[64,93,109,121,135,143],"lower":[65,110],"audit":[66,79,111],"fees":[67,80,112],"(about":[68],"6":[69],"percent":[70],"lower).":[71],"Further,":[72],"reduction":[77],"more":[82],"pronounced":[83],"companies":[85],"whose":[86],"owners":[88],"(1)":[89],"have":[90,97],"stronger":[91],"incentives":[92],"monitor":[94],"(2)":[96],"\u201cscale\u201d":[98],"monitoring.":[100],"Using":[101],"path":[102],"analysis,":[103],"contributes":[108],"through":[113],"improved":[114],"earnings":[115],"quality.":[116],"Collectively,":[117],"our":[118],"findings":[119],"speak":[120],"effect":[123],"monitoring":[125],"mechanisms":[126],"from":[127,162],"potential":[133],"SEC":[139],"as":[140],"they":[141],"attempt":[142],"assess":[144],"broader":[146],"Data":[151],"Availability:":[152],"All":[153],"data":[154],"used":[155],"paper":[158],"publicly":[160],"available":[161],"sources":[163],"cited":[164],"paper.":[167],"JEL":[168],"Classifications:":[169],"M4;":[170],"M42.":[171]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":3}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2023-07-25T00:00:00"}