[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/ids/ijaape/v20y2024i3-4p399-420.html
   My bibliography  Save this article

The cost implications of ESG reporting: an examination of audit fees in the UK

Author

Listed:
  • Ahmed Saber Moussa
Abstract
This study examines how ESG-related information disclosure affects audit fees for UK non-financial firms and explores how internal governance moderates this effect over the period from 2010 to 2021 in the FTSE All Share. I find a robust positive link between ESG disclosure and audit fees. Larger and more profitable firms tend to pay higher audit fees, while variables like board size, independence, leverage, and audit committee non-executives show no significant impact on fees. Audit committee independence negatively affects audit fees consistently in various regression models. Internal governance moderates the ESG-audit cost relationship, with stronger governance reducing this link. This implies that firms with robust internal governance face lower audit costs related to ESG disclosure. Our findings have implications for sustainability professionals, auditors, regulators, investors, and management.

Suggested Citation

  • Ahmed Saber Moussa, 2024. "The cost implications of ESG reporting: an examination of audit fees in the UK," International Journal of Accounting, Auditing and Performance Evaluation, Inderscience Enterprises Ltd, vol. 20(3/4), pages 399-420.
    • Handle: RePEc:ids:ijaape:v:20:y:2024:i:3/4:p:399-420
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=138478
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijaape:v:20:y:2024:i:3/4:p:399-420. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=41 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.