ปัจจัยที่มีอิทธิพลต่อค่าธรรมเนียมการสอบบัญชี ในอุตสาหกรรมสินค้าอุปโภคบริโภค กลุ่มเกษตรและอุตสาหกรรมอาหาร

Pichaya Adthajak; Khemthong Keawpratum

Authors

Pichaya Adthajak Faculty of Humanities and Social Sciences, Rajamangala University of Technology Tawan-ok
Khemthong Keawpratum Faculty of Accountancy, The Eastern University of Management and Technology

Keywords:

audit fee, consumer products

Abstract

This study aims to examine: 1) the determinants of audit fees, and 2) the moderating role of board independence on the relationship between CEO characteristics and audit fees. The sample consists of 157 companies listed on the Stock Exchange of Thailand in the consumer goods and agriculture and food industries. Secondary data were collected over the 2023–2024 period. The analysis employed descriptive statistics, including minimum, maximum, mean, and standard deviation, as well as multiple regression analysis using the enter method.
The results indicate that CEO age and CEO experience have a statistically significant positive influence on audit fees. In contrast, CEO gender and CEO financial expertise do not have a significant effect. Firm size is also found to have a statistically significant positive relationship with audit fees. These findings suggest that older CEOs tend to place greater importance on the quality of financial reporting, while CEOs with experience in finance and accounting are more likely to select high-quality auditors, leading to higher audit fees. This study highlights the role of CEO characteristics in shaping corporate governance mechanisms, particularly in the selection of external auditors, which enhances transparency and credibility in financial reporting. Furthermore, board independence has a statistically significant negative moderating effect on the relationship between CEO age and audit fees. This suggests that independent directors serve as an effective governance mechanism that reduces agency costs and strengthens corporate oversight.

Author Biographies

Pichaya Adthajak, Faculty of Humanities and Social Sciences, Rajamangala University of Technology Tawan-ok

Faculty of Humanities and Social Sciences, Rajamangala University of Technology Tawan-ok

Khemthong Keawpratum, Faculty of Accountancy, The Eastern University of Management and Technology

Faculty of Accountancy, The Eastern University of Management and Technology

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