Review of Effects of Extreme CEO Pay cuts On audit fees in corporations accepted in Tehran Stock Exchange

Current paper has reviewed, the effect of Extreme CEO pay cuts on audit fees in corporations accepted in Tehran Stock Exchange. The population of this research is firms listed in the Tehran Stock Exchange. For this purpose, using the systematic removal of 107 companies as samples ranged from 2015 to 2009 have been selected. The research hypothesis about the effect of Extreme CEO pay cuts on audit fees, using linear regression using ordinary least squares (ols) was examined. The reliability of variables using Levin, Lin and Chu for research data were calculated and confirmed the reliability of variables. The research findings suggest that there is the significant negative correlation between the Extreme CEO pay cuts and expenses of the audit (audit fees).

Keywords:

Extreme CEO pay cuts , audit fees