International Journal of Auditing最新文献_第8页

Banks' voluntary disclosure in the audit committee reports, cost of equity and the mediating role of financial analysts 银行在审计委员会报告中的自愿披露、股权成本与财务分析师的中介作用

IF 2 4区管理学

International Journal of Auditing Pub Date : 2022-07-15 DOI: 10.1111/ijau.12292

Najib Sahyoun, Michel Magnan

{"title":"Banks' voluntary disclosure in the audit committee reports, cost of equity and the mediating role of financial analysts","authors":"Najib Sahyoun, Michel Magnan","doi":"10.1111/ijau.12292","DOIUrl":"10.1111/ijau.12292","url":null,"abstract":"<p>Voluntary disclosure in the audit committee report is expected to provide additional information about the activities undertaken to protect investors. The Securities and Exchange Commission's (SEC) ultimate aim in initially promulgating audit committee disclosure requirements was to reduce firms' cost of equity. However, prior research finds that voluntary disclosure in the audit committee report is akin to impression management. In 2015, the SEC issued a concept release encouraging audit committees to provide additional voluntary disclosures in their reports beyond mandatory requirements. In that context, this paper analyses the effect of the audit committee voluntary disclosure on the cost of equity, with financial analysts playing a mediating role. The sample comprises the top US bank holding companies from 2006 to 2015. We manually code the voluntary disclosure in audit committee reports using a scoring grid. Results show that audit committee voluntary disclosure increases the cost of equity. In addition, the association between voluntary disclosure and the cost of equity is mediated by financial analysts. Hence, we infer that the impression management undertone of voluntary disclosures affects financial analysts' coverage and forecasting properties, which in turn lead to an increase in the cost of equity. The paper's empirical evidence highlights the effects of impression management disclosure by analysing corporate governance voluntary disclosures, cost of equity and financial analysts and brings the issue to the attention of banking regulators, SEC and investors.</p>","PeriodicalId":47092,"journal":{"name":"International Journal of Auditing","volume":"26 4","pages":"494-514"},"PeriodicalIF":2.0,"publicationDate":"2022-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46271870","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Auditor's responses to changes in risk 审计师对风险变化的反应

IF 2 4区管理学

International Journal of Auditing Pub Date : 2022-07-03 DOI: 10.1111/ijau.12288

Michael E. Bradbury, Tom Scott

引用次数: 0

Corporate reputation and stakeholder engagement: Do assurance quality and assurer attributes matter? 企业声誉和利益相关者参与:保证质量和保证属性重要吗?

IF 2 4区管理学

International Journal of Auditing Pub Date : 2022-06-16 DOI: 10.1111/ijau.12287

Isabel-María García-Sánchez, Nicola Raimo, María-Victoria Uribe-Bohorquez, Filippo Vitolla

{"title":"Corporate reputation and stakeholder engagement: Do assurance quality and assurer attributes matter?","authors":"Isabel-María García-Sánchez, Nicola Raimo, María-Victoria Uribe-Bohorquez, Filippo Vitolla","doi":"10.1111/ijau.12287","DOIUrl":"10.1111/ijau.12287","url":null,"abstract":"<p>The objective of this research is to determine the impact that sustainability assurance services have on corporate reputation and stakeholder engagement, delving into the differentiating effect of certain attributes of the assurer and the quality level of the assurance. After an initial exploratory analysis in which the added value that the assurance service has on the external business image and on the relationships with stakeholders is evidenced, the results obtained for a sample of 604 multinational corporations for the period 2011–2017 show the existence of a reputational advantage for those companies that have contracted for a higher quality assurance service. On the contrary, the attributes of the assurer have no direct and indirect effect on corporate reputation unless the assurer is an auditor, which favours a higher quality of assurance service and indirectly affects the probability that the company will be included in a reputation ranking. The intrinsic characteristics of this service do not translate into active stakeholder engagement. From a theoretical and practical point of view, this evidence contributes to the knowledge of the effect of assurance on stakeholder engagement and corporate reputation by improving the climate of trust around the company's disclosure.</p>","PeriodicalId":47092,"journal":{"name":"International Journal of Auditing","volume":"26 3","pages":"388-403"},"PeriodicalIF":2.0,"publicationDate":"2022-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ijau.12287","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43413333","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 7

Auditors' workload and audit quality under audit hour budget pressure: Evidence from the Korean audit market 审计时数预算压力下的审计师工作量与审计质量:来自韩国审计市场的证据

IF 2 4区管理学

International Journal of Auditing Pub Date : 2022-06-12 DOI: 10.1111/ijau.12286

Seokyoun Hwang, Philip Keejae Hong

引用次数: 1

The homogeneity of BIG4 audit reports after the implementation of key audit matters in the context of fair value accounting 公允价值会计背景下实施关键审计事项后BIG4审计报告的同质性

IF 2 4区管理学

International Journal of Auditing Pub Date : 2022-05-27 DOI: 10.1111/ijau.12285

Tuomas Honkamäki, Markus Mättö, Henri Teittinen

引用次数: 5

What does an audit really cost? An exploratory study of auditor pricing of initial engagements in a fixed cost model 审计的真正成本是多少?固定成本模式下审计师对初始审计项目定价的探索性研究

IF 2 4区管理学

International Journal of Auditing Pub Date : 2022-05-13 DOI: 10.1111/ijau.12279

Christie Novak, W. Robert Knechel

引用次数: 1

Internal audit: A case study of impact and quality of an internal control audit 内部审计:内部控制审计的影响和质量的案例研究

IF 2 4区管理学

International Journal of Auditing Pub Date : 2022-05-12 DOI: 10.1111/ijau.12280

Leif Christensen

引用次数: 3

The gender‐diverse audit committee and audit report lag: Evidence from China 性别多元化审计委员会和审计报告滞后:来自中国的证据

IF 2 4区管理学

International Journal of Auditing Pub Date : 2022-03-06 DOI: 10.1111/ijau.12278

R. Alkebsee, Ahsan Habib, H. Huang, G. Tian

引用次数: 8

PCAOB international inspections: Updates and extensions PCAOB国际检查:更新和扩展

IF 2 4区管理学

International Journal of Auditing Pub Date : 2022-03-04 DOI: 10.1111/ijau.12277

P. K. Hong, David S. Kerr, C. Wiggins

引用次数: 0

The UK government audit reforms fail to deal with the audit crisis 英国政府审计改革未能有效应对审计危机

IF 2 4区管理学

International Journal of Auditing Pub Date : 2022-03-02 DOI: 10.1111/ijau.12270

Prem Sikka

引用次数: 0