2026-05-05T19:53:17Zhttps://uvadoc.uva.es/oai/request

oai:uvadoc.uva.es:10324/825892026-02-05T20:00:43Zcom_10324_1147com_10324_931com_10324_894col_10324_1266

Audit Committee Networks and Audit Fees: A European Analysis García Cobo, Ruth Zarza Herranza, César López Iturriaga, Félix Javier Comité de auditoría Redes sociales corporativas Calidad de la auditoría Comité de auditoría Honorarios de auditoría Auditoría Consejo de administración Centralidad Europa Análisis de redes sociales 5303 Contabilidad Económica 5310.91 Economía Internacional: Área Europea economía Producción Científica This study investigates the association between audit committee member networks and audit fees in a sample of 225 publicly traded firms from eight European countries between 2005 and 2020. Using social network analysis, we find that director interconnections—established through overlapping board memberships—are associated with audit fees. Our findings reveal an extensive, yet fragmented director network, where higher centrality positions correlate with increased audit fees. This suggests that director connections strengthen the demand for audit effort, leading to higher audit fees. Furthermore, we show that director centrality moderates the positive relationship between firm complexity, financial risk, and board independence with audit fees. Ministerio de Ciencia, Innovación y Universidades (MICIU) / Agencia Estatal de Investigación (AEI): PID2023-150140NA-I00 y PID2024-155796NB-I00 (MICIU/AEI/10.13039/501100011033 / FEDER, EU) Universidad de Valladolid / Banco Santander: contrato predoctoral UVa de Ruth García Cobo (CONTPR-2022-439) Open access funding provided by FEDER European Funds and the Junta De Castilla y León under the Research and Innovation Strategy for Smart Specialization (RIS3) of Castilla y León 2021-2027. 2026-02-05T09:22:10Z 2026-02-05T09:22:10Z 2026 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Accounting & Finance, enero 2026, vol. 66, n. 1, (in press) 0810-5391 https://uvadoc.uva.es/handle/10324/82589 10.1111/acfi.70173 1 Accounting & Finance 66 1467-629X eng https://onlinelibrary.wiley.com/doi/10.1111/acfi.70173 Attribution-NonCommercial-NoDerivatives 4.0 Internacional info:eu-repo/semantics/openAccess http://creativecommons.org/licenses/by-nc-nd/4.0/ © 2026 The Author(s) application/pdf Wiley https://uvadoc.uva.es/bitstream/10324/82589/4/Audit-Committee-Networks-and-Audit-Fees.pdf.jpg Hispana TEXT http://creativecommons.org/licenses/by-nc-nd/4.0/ UVaDOC. Repositorio Documental de la Universidad de Valladolid https://uvadoc.uva.es/handle/10324/82589