|私立大專院校自願性選擇審計品質之研究=The Voluntary Selection for Audit Quality on Private College-Level Schools
Private college-level schools;
|To reengineer the financial situation of the private college-level schools, the Taiwanese Ministry of Education will retrieve the designation authority of CPA firms to assure audit quality. How to measure and choose the appropriate CPA firms for the above-mentioned schools will be the main concern of the Education Authority. This study investigates the characteristics of the 77 private schools associated with decision factors, which motivate the selection of big-three and non big-three auditors during the academic year 2000-2001. Based on the Logistic regression model, the empirical findings suggest that the size of the schools, the subsidy, and the ratio of students-to-full time faculties are predicted to increase the probability that private schools will voluntarily hire high-quality auditor. However, capital expenditure is predicted to have the opposite effect. As for the sensitive results, the years of the schools are predicted to also have the positive effect. Overall, we conclude that there is some evidence that the selection of high-quality auditors is associated with the characteristics of the private schools.