Authors: Murat Ocak; E. Serap Kurt
Addresses: Department of Business Information Management, Uzunköprü School of Applied Sciences, Trakya University Edirne, Turkey ' Department of Business Management, Faculty of Economics and Administrative Sciences, Trakya University Edirne, Turkey
Abstract: This paper investigates the effect of formal education on audit opinion. We used Borsa Istanbul firms to test the hypotheses using logistic regression. The sample covers maximum 1,060 observations between year 2008 and year 2013. The results show that auditors with master's or PhD degrees and auditors with bachelor's degree from the Department of Business Administration are more conservative than their counterparts. They are more likely to issue a modified audit opinion. Besides, long tenured auditors with business and master's or PhD degrees more likely to issue a modified audit opinion.
Keywords: auditor education; auditor opinion; Borsa ?stanbul; emerging markets.
Global Business and Economics Review, 2019 Vol.21 No.5, pp.646 - 665
Received: 20 Nov 2017
Accepted: 12 Apr 2018
Published online: 07 May 2019 *