The Effect of Audit Quality on Firm Performance: A Panel Data Approach

May M. Elewa, Rasha El-Haddad


This study attempts to examine the effect of audit quality on firm performance. It uses financial statements of non-financial firms listed as EGX 100. The population studied consists of thirty non-financial firms. The study covers a five year period 2010-2014. It applies panel data analysis. Independent Variables are Auditor Experience (measured by Big-4) and Auditor Independence (measured by auditor Rotation ROT). Dependent Variables are Return on Assets ROA and Return on Equity ROE. In accordance with the Random Effect Model results, BIG 4 and ROT have an insignificant impact on the ROA and ROE of the firm. External and internal financial statement users may benefit from the study only when dealing with high-profit firms.

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Copyright (c) 2019 May M. Elewa, Rasha El-Haddad

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International Journal of Accounting and Financial Reporting  ISSN 2162-3082

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