Dining table step one Gift suggestions the brand new pearson pairwise relationship matrix anywhere between details. Discover a significant positive relationship involving the a sign varying (IFRS) and you will review costs. Furthermore, there can be a positive correlation ranging from review fees and you may review big date, including anywhere between IFRS and you can auditor key. None of one's relationship matrices was higher than the fresh multi-collinearity threshold out-of 0.six (Job, 2000; Gujarati, 2003; Tabachnick and you will Fidell, 2007).
Early in the day education toward review charges (Griffin ainsi que al., 2009; Higgin mais aussi al., 2016) put cross-sectional research plus the couples one take to styles regarding the costs have fun with pooled regressions (Menon and you can Williams, 2001; McMeeking et al., 2007). I revision and you may offer the latest books by using committee analysis regarding 314 enterprises more than 5-years with industry consequences.
To totally comprehend the impression out-of IFRS use to your review charge, we explore hierarchical multiple-level regression beginning with regressing audit charges into IFRS use in place of handle, next with regulation last but most certainly not least and globe impression. The results is actually exhibited from inside the Dining table step 3. Columns step one–step three gets the result of early adopters.