... by integrating global institutional and governance factors, providing a new perspective on the dynamics of auditing and sustainability reporting. Practical implications The findings confirm that ESG disclosure can help stakeholders identify hidden audit risks. However, high ESG performance does...

...-Ebel et al., 2020 ; Oradi, 2021) or a set of firm-, economic-, and auditor-specific characteristics (Abernathy et al., 2018 ; Habib et al., 2019). CFO co-option Audit risk Audit report lag Emerging market Figure 1 Conceptual research model. Source: Created...

... Drought Climate change Audit risk Audit fees Particularly, prior accounting and auditing research reveals that climate risk including drought could significantly influence earnings volatility (Huang et al., 2018), cost of equity capital (Huynh et al., 2020), loan pricing...

... risk. In summary, auditors increase fees for compensating the efforts made to maintain an acceptable audit risk level. The financial crisis of 2008 started with the burst of the real estate bubble and the banking industry’s subprime mortgage crisis. Very soon this crisis expanded to other...