Corporate Governance: Actors & Players eJournal最新文献_第2页

Audits, Audit Effectiveness, and Post-audit Tax Compliance 审计，审计有效性和审计后税务合规

Corporate Governance: Actors & Players eJournal Pub Date : 2020-09-18 DOI: 10.2139/ssrn.3695035

M. Kasper, J. Alm

{"title":"Audits, Audit Effectiveness, and Post-audit Tax Compliance","authors":"M. Kasper, J. Alm","doi":"10.2139/ssrn.3695035","DOIUrl":"https://doi.org/10.2139/ssrn.3695035","url":null,"abstract":"This study uses a laboratory experiment to investigate the effect of tax audits on post-audit tax compliance. An important feature of our experimental design is the addition of audit ”effectiveness” to our audit mechanism, where effectiveness is defined as the share of undeclared income that the tax agency detects in an audit. This addition allows us to examine the effects of audit effectiveness on post-audit compliance. We also study whether tax audits have differential effects on different types of taxpayers, as distinguished by their prior reporting behavior. Contrary to theoretical predictions, we find that tax audits have differential effects on post-audit compliance and that the effectiveness of audits determines these responses; that is, while effective audits increase post-audit tax compliance, ineffective audits have the opposite effect. We also find that tax audits (whether effective or not) increase subsequent compliance of noncompliant taxpayers while they reduce compliance among individuals who have been found to report their income correctly. Finally, we find no evidence that tax audits crowd out the intrinsic motivation to comply of honest individuals. Our findings suggest that the specific deterrent effect of tax audits is more ambiguous than much previous analysis suggests, with these effects dependent on the effectiveness of the audit process and on the taxpayer’s prior reporting behavior.","PeriodicalId":440695,"journal":{"name":"Corporate Governance: Actors & Players eJournal","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121481075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 33

Shareholder Primacy and the Moral Obligation of Directors 股东至上与董事的道德义务

Corporate Governance: Actors & Players eJournal Pub Date : 2020-09-09 DOI: 10.2139/ssrn.3689979

Mark J. Loewenstein

引用次数: 1

Accounting Executives Narcissism: A Review and Research Agenda Using Content Analysis 会计主管自恋:使用内容分析的回顾与研究议程

Corporate Governance: Actors & Players eJournal Pub Date : 2020-09-06 DOI: 10.18510/HSSR.2020.8482

A. Utama, N. Soewarno, Dian Agustia

{"title":"Accounting Executives Narcissism: A Review and Research Agenda Using Content Analysis","authors":"A. Utama, N. Soewarno, Dian Agustia","doi":"10.18510/HSSR.2020.8482","DOIUrl":"https://doi.org/10.18510/HSSR.2020.8482","url":null,"abstract":"Purpose of the study: This study aims to provide a conceptual framework and construction of executive narcissism (CEO) through content analysis of 52 reputable international journals of Scopus indexed (Q1). The aims also to explore valuable content and themes related to narcissistic accounting and reveal further research opportunities for important themes generated. \u0000Methodology: The articles were analyzed using the search method and remote text in the Airlangga library database. The study was conducted for a month among articles in Scopus Journal indexed in Q1 with \"Accounting\" and \"Narcissism\" as the keyword restriction. The study was conducted with a Word Frequency analysis using NVivo 12 plus to determine the coding and the central theme. \u0000Main Findings: A comparison coding was performed to prove the upper echelon theory as the leading theory used in the 52 articles analyzed. Information relating to the year the article was published, article title, author's name, and journal publication successfully collected. From 52 articles analyzed in the framework of narcissistic accounting, 24 codes were successfully revealed and subsequently categorized into several themes (keywords) for further research. \u0000Applications of this study: A literature review of 52 articles is closely related to ethical concepts and CEO decisions in choosing accounting choices (policies). \u0000Novelty/Originality of this study: New themes successfully revealed through content analysis.","PeriodicalId":440695,"journal":{"name":"Corporate Governance: Actors & Players eJournal","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115023677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

The Effects of Audit-Firm Monopolies within Local Audit Markets 审计事务所垄断对地方审计市场的影响

Corporate Governance: Actors & Players eJournal Pub Date : 2020-09-02 DOI: 10.2139/ssrn.3110936

Jaehan Ahn

引用次数: 1

The Influence of Management’s Internal Audit Experience on Earnings Management 管理层内部审计经验对盈余管理的影响

Corporate Governance: Actors & Players eJournal Pub Date : 2020-08-01 DOI: 10.2139/ssrn.3689331

Matthew S. Ege, Timothy A. Seidel, Mikhail Sterin, David A. Wood

引用次数: 7

Director Independence and Corporate Investment Efficiency: Evidence from Board Reforms Worldwide 董事独立性与公司投资效率:来自全球董事会改革的证据

Corporate Governance: Actors & Players eJournal Pub Date : 2020-07-17 DOI: 10.2139/ssrn.3668694

H. J. Rim, Edward Sul

引用次数: 1

Auditors’ Negligence and Professional Misconduct in India: A Struggle for a Consistent Legal Standard 印度审计师的疏忽和职业不端行为:为一致的法律标准而奋斗

Corporate Governance: Actors & Players eJournal Pub Date : 2020-07-01 DOI: 10.2139/ssrn.3692155

M. R. Ram Mohan, Vishakha Raj

{"title":"Auditors’ Negligence and Professional Misconduct in India: A Struggle for a Consistent Legal Standard","authors":"M. R. Ram Mohan, Vishakha Raj","doi":"10.2139/ssrn.3692155","DOIUrl":"https://doi.org/10.2139/ssrn.3692155","url":null,"abstract":"Gross negligence is a severe form of negligence. Its severity has been characterized using the presence of a mental element or mens rea accompanying the negligent act. Within the context of professional negligence, gross negligence is important as it constitutes professional misconduct. For auditors, a finding of professional misconduct through disciplinary proceedings can result in suspension or expulsion from the profession. The Securities and Exchange Board of India also uses this concept to determine whether an auditor has violated any securities regulations. Given the implications of a finding of gross negligence on the practice of an auditor, this paper seeks to examine the legal standard in detail. The paper examines all reported High Court decisions from 1950s till 2019 and finds that the standards applied by the High Courts have been inconsistent. In the absence of any precedent from the Supreme Court of India that details what comprises gross negligence in the context of auditors, the inconsistent approach of the High Courts poses a problem. The Supreme Court decision in the P.K. Mukherjee case (1968) dealt with an auditor’s misconduct, however, it did not examine the question of gross negligence. This paper offers a starting point for a discussion to minimize the uncertainty currently associated with auditors’ liability for professional misconduct, especially hoping to assist the newly established the National Financial Reporting Authority in its decision-making process.","PeriodicalId":440695,"journal":{"name":"Corporate Governance: Actors & Players eJournal","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121191846","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Corporate Social Responsibility and Foreign Institutional Investor Heterogeneity 企业社会责任与境外机构投资者异质性

Corporate Governance: Actors & Players eJournal Pub Date : 2020-05-30 DOI: 10.2139/ssrn.3614327

P. P. Roy, Sandeep Rao, A. Marshall, Chandra Thapa

引用次数: 2

Quais os Fatores de Risco Relevantes aos Investidores? Evidências no Mercado de Fundos Brasileiro (Which Factors Matter to Investors? Evidence from Brazilian Mutual Funds) 与投资者相关的风险因素是什么?巴西基金市场的证据(哪些因素对投资者重要?巴西共同基金证据)

Corporate Governance: Actors & Players eJournal Pub Date : 2020-05-14 DOI: 10.2139/ssrn.3600916

Elias Cavalcante Filho, Rodrigo De-Losso, José Carlos de Souza Santos

{"title":"Quais os Fatores de Risco Relevantes aos Investidores? Evidências no Mercado de Fundos Brasileiro (Which Factors Matter to Investors? Evidence from Brazilian Mutual Funds)","authors":"Elias Cavalcante Filho, Rodrigo De-Losso, José Carlos de Souza Santos","doi":"10.2139/ssrn.3600916","DOIUrl":"https://doi.org/10.2139/ssrn.3600916","url":null,"abstract":"Portuguese Abstract: Neste artigo investiga-se o que determina o fluxo de recursos para fundos de investimentos brasileiros. Constata-se que investidores são mais atentos ao risco de mercado (beta) ao avaliar fundos, enquanto tendem a atribuir o retorno de fatores como tamanho, valor, momentum, iliquidez e risco de indústrias ao alfa. Usando medidas de variação da sofisticação de investidores, constata-se também que investidores mais sofisticados tendem a avaliar fundos com base em critérios mais complexos. O resultado é aderente ao observado para os EUA. Adicionalmente, é observado que investidores menos sofisticados demonstram ser mais sensíveis a todas métricas de retorno passado, porém, ao decompor os alfas dos fundos em componente persistente e componente aleatório, evidencia-se que essa sensibilidade está concentrada no componente aleatório dos alfas. English Abstract: In this article we investigate the drivers of investment flows to Brazilian mutual funds. Investors pay most attention to market risk (beta) when evaluating funds, while they attribute returns to size, value, momentum, and industry factors to alpha. Using measures for investor sophistication, we also find that more sophisticated investors tend to evaluate funds using more sophisticated criteria. These results are consistent with those reported for the US stock market. We moreover document that less sophisticated investors are relatively more sensitive to all past return metrics. When fund alphas are decomposed into a persistent component and a random component, however, the greater sensitivity is concentrated in the random component of alphas.","PeriodicalId":440695,"journal":{"name":"Corporate Governance: Actors & Players eJournal","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130650292","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Efficacy of Insolvency-Related Termination Clauses in Commercial Agreements 商事协议中破产相关终止条款的效力

Corporate Governance: Actors & Players eJournal Pub Date : 2020-05-05 DOI: 10.2139/ssrn.3593367

Dr Kubi Udofia

{"title":"The Efficacy of Insolvency-Related Termination Clauses in Commercial Agreements","authors":"Dr Kubi Udofia","doi":"10.2139/ssrn.3593367","DOIUrl":"https://doi.org/10.2139/ssrn.3593367","url":null,"abstract":"It is common practice for contracting parties to include provisions for termination or variation of their commercial agreements on a party’s insolvency. These insolvency-related termination clauses are usually aimed at insulating solvent parties from a counterparty‘s insolvency. Although parties are bound by the terms of arm’s length contracts, the commencement of formal insolvency proceedings may invalidate unambiguous and copper-bottomed contractual rights. Insolvency-related termination clauses are no exceptions. A core objective of corporate insolvency law is to impose a mandatory collective regime for resolving insolvencies. This collective regime supplants the free-for-all individual enforcement actions against insolvents. \u0000 \u0000This two-part article explores the efficacy of insolvency-related termination clauses which are sometimes regarded as boilerplates. The first part examines primary principles of insolvency law against which the enforceability of insolvency-related termination clauses may be assessed. The second part will examine the enforceability of insolvency-related termination clauses in certain commercial agreements. \u0000 \u0000The first part of this article examined the core principles of insolvency law against which the enforceability of insolvency-related termination clauses may be gauged. This concluding part examines the enforceability of insolvency-related termination provisions in certain commercial agreements.","PeriodicalId":440695,"journal":{"name":"Corporate Governance: Actors & Players eJournal","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126409550","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0