Explaining municipal audit costs in Sweden : Reconsidering the political environment, the municipal organisation and the audit market
(2017) In Financial Accountability and Management 33(4). p.391-405- Abstract
With the purpose of explaining professional audit costs in Swedish municipalities, we hypothesised that audit costs are partly driven by various signalling and monitoring incentives in order to manage stakeholder relationships. Our model of the determinants of audit costs was tested on data from Swedish municipalities, thus extending the study of audit costs to political organisations in a Scandinavian institutional context. The test supported to some extent the traditional propositions of organisational complexity, risk and market determinants, as well as the proposition of the political environment. Our results indicate that audit costs are used to signal accountability, thereby suggesting that audit as a signal could be managed... (More)
With the purpose of explaining professional audit costs in Swedish municipalities, we hypothesised that audit costs are partly driven by various signalling and monitoring incentives in order to manage stakeholder relationships. Our model of the determinants of audit costs was tested on data from Swedish municipalities, thus extending the study of audit costs to political organisations in a Scandinavian institutional context. The test supported to some extent the traditional propositions of organisational complexity, risk and market determinants, as well as the proposition of the political environment. Our results indicate that audit costs are used to signal accountability, thereby suggesting that audit as a signal could be managed without managing professional auditors.
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- author
- Collin, Sven Olof LU ; Haraldsson, Mattias LU ; Tagesson, Torbjörn LU and Blank, Veronica
- organization
- publishing date
- 2017-11
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Audit costs, Governance, Municipality, Sweden
- in
- Financial Accountability and Management
- volume
- 33
- issue
- 4
- pages
- 391 - 405
- publisher
- Wiley-Blackwell
- external identifiers
-
- scopus:85028695711
- wos:000412104700004
- ISSN
- 0267-4424
- DOI
- 10.1111/faam.12130
- project
- Public Management Research
- language
- English
- LU publication?
- yes
- id
- 20d85ca2-0f3c-4368-8a2a-7e6544880877
- date added to LUP
- 2017-09-28 08:15:59
- date last changed
- 2025-01-07 21:26:26
@article{20d85ca2-0f3c-4368-8a2a-7e6544880877,
abstract = {{<p>With the purpose of explaining professional audit costs in Swedish municipalities, we hypothesised that audit costs are partly driven by various signalling and monitoring incentives in order to manage stakeholder relationships. Our model of the determinants of audit costs was tested on data from Swedish municipalities, thus extending the study of audit costs to political organisations in a Scandinavian institutional context. The test supported to some extent the traditional propositions of organisational complexity, risk and market determinants, as well as the proposition of the political environment. Our results indicate that audit costs are used to signal accountability, thereby suggesting that audit as a signal could be managed without managing professional auditors.</p>}},
author = {{Collin, Sven Olof and Haraldsson, Mattias and Tagesson, Torbjörn and Blank, Veronica}},
issn = {{0267-4424}},
keywords = {{Audit costs; Governance; Municipality; Sweden}},
language = {{eng}},
number = {{4}},
pages = {{391--405}},
publisher = {{Wiley-Blackwell}},
series = {{Financial Accountability and Management}},
title = {{Explaining municipal audit costs in Sweden : Reconsidering the political environment, the municipal organisation and the audit market}},
url = {{http://dx.doi.org/10.1111/faam.12130}},
doi = {{10.1111/faam.12130}},
volume = {{33}},
year = {{2017}},
}