Audit Fees and Firm Performance: The Case of Thailand


  • Prawat Benyasrisawat School of Accounting, Bangkok University, Thailand


Audit Fee, Firm Performance, Thailand, Audit Pricing


The previous studies have evidenced that firm performance is statistically related to audit fees.  The higher demand of audit fees can be varied according to the complexity of firm’s economic conditions. The audit fee can help to understand the firm performance. 
This study employs data from an emerging market to evidence the association between firm performance and audit fees.  By using different measures in the investigation, empirical results show that relative to firms with lower audit fees, firms with higher audit fees are more likely to have weak financial performance.  This study provides additional empirical evidence to the study that employs emerging market data.


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