The relationship between the characteristics of the CEO, the maintenance of cash and the auditor's efforts

One of the most important factors influencing the auditor's fee to compensate for the auditor's risk and effort is the issue of representation to maintain cash. Companies with a high level of liquidity holding, and high growth prospects, invest their growth potential within the company, which makes capital markets less interested in investing in such a company. Do not have any. In addition, companies with high liquidity retention and good growth prospects need more effort from auditors. Therefore, the purpose of this study is to investigate the relationship between the characteristics of the CEO, cash holdings and the auditor's efforts in companies listed on the Tehran Stock Exchange. This research is applied in terms of purpose and semi-experimental in terms of research design, because in the quasi-experimental (non-experimental) research method, the researcher studies the relationships between variables that he has not manipulated, and how they have happened in the past. It observes them on the desired variables and is descriptive in nature and method. In the course of this research, three hypotheses were formulated and 132 companies (660 years of company) were selected through systematic elimination sampling for a period of 5 years between 2016 and 2016. The regression model of the research was investigated and tested using the combined data method with a fixed effects approach. Also, the multivariate regression method developed from the research results showed that there is a positive and significant relationship between cash retention and auditing fees. A negative and significant relationship was found between management experience and auditing fees. In addition, there was a significant negative relationship between management ability and auditing fees.