The effects of legal certification of accounts on company performance: The Portuguese case

José Manuel Bernardo Vaz Ferreira
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引用次数: 0

Abstract

Portuguese legislation provides that limited liability companies be required to certify their accounts if for two consecutive years they meet the requirements of article 262 of the companies’ code. The research question and the purpose of this study are to know the main changes in the economic and financial performance of a sample of limited liability companies after having their accounts certified by a statutory auditor. Besides descriptive statistics, the analysis was conducted using Shapiro-Wilcoxon’s non-parametric tests for paired samples to determine the truth of the hypotheses. In general, most of the indicators showed a positive evolution over the period in which the companies started to have certified accounts. The analysis of the results suggests that the mandatory appointment of a statutory auditor, in general, led to a positive evolution in the economic and financial indicators, despite little statistical significance.
法定账户认证对公司业绩的影响:葡萄牙案例
葡萄牙立法规定,如果有限责任公司连续两年符合公司守则第262条的要求,则必须证明其帐户。研究问题和本研究的目的是了解有限责任公司样本经法定审计师认证后,其经济和财务绩效的主要变化。除描述性统计外,采用配对样本的Shapiro-Wilcoxon非参数检验进行分析,以确定假设的真实性。总的来说,大多数指标显示,在公司开始拥有认证账户的时期内,这些指标出现了积极的变化。对结果的分析表明,强制性任命一名法定审计员总体上导致了经济和财政指标的积极演变,尽管统计意义不大。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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CiteScore
1.20
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