Credit rating agency response to appointment of female audit partners: Evidence from the UK

Owusu A., Zalata A. M.

Journal of International Accounting, Auditing and Taxation, vol.50, 2023 (ESCI, Scopus) identifier

  • Nəşrin Növü: Article / Article
  • Cild: 50
  • Nəşr tarixi: 2023
  • Doi nömrəsi: 10.1016/j.intaccaudtax.2023.100525
  • jurnalın adı: Journal of International Accounting, Auditing and Taxation
  • Jurnalın baxıldığı indekslər: Emerging Sources Citation Index (ESCI), Scopus, International Bibliography of Social Sciences, ABI/INFORM, Business Source Elite, Business Source Premier, DIALNET
  • Açar sözlər: Audit partner gender, Audit quality, Credit scores, Debt market
  • Açıq Arxiv Kolleksiyası: Məqalə
  • Adres: Bəli

Qısa məlumat

We study the impact of appointing women as audit partners from a credit rating agency perspective. We investigate whether credit rating agencies value the appointment of women to audit partner positions differently than when men are appointed. This study uses a United Kingdom (UK) balanced panel data of 2472 firm-year observations of public quoted companies from 2009 to 2016 and analyzes how credit rating agencies respond to such appointments. We find a more positive credit score reaction after appointment of a female audit partner than that following the appointment of a male audit partner. This finding suggests that, from a credit rating agency perspective, there seems to be a business case for a particular gender when it comes to appointing audit partners.