Abstract
This paper investigates whether the CEO-CFO tenure consistency have an impact on audit pricing. We find that the company's audit fees increases if CEO and CFO have same tenure, because CFO having same tenure with CEO is more likely to cooperate with the CEO's motivation on earnings management and thus increase the audit cost and audit risk. Further evidence shows that the auditors charge higher audit fees for their CEO-CFO tenure consistency clients with less analysts following, less serious product market competition, less proportion of audit committee members with financial expertise or less female directors of the board. Moreover, large audit firms charge more audit fees to companies with CEO-CFO tenure consistency.
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