Journal of International Accounting Auditing and Taxation最新文献

Financial expert CEOs: Evidence from purchase price allocation 财务专家ceo：来自购买价格分配的证据

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-06-27 DOI: 10.1016/j.intaccaudtax.2025.100711

Francesca Rossignoli , Saverio Bozzolan , Andrea Lionzo

{"title":"Financial expert CEOs: Evidence from purchase price allocation","authors":"Francesca Rossignoli , Saverio Bozzolan , Andrea Lionzo","doi":"10.1016/j.intaccaudtax.2025.100711","DOIUrl":"10.1016/j.intaccaudtax.2025.100711","url":null,"abstract":"<div><div>Drawing from the Upper Echelons Theory (UET), this study assesses how firms’ accounting outcomes at the transaction level are influenced by the Chief Executive Officer (CEO)’s individual characteristic of financial expertise and managerial status from structural and relational power. We use Purchase Price Allocation (PPA) as a key empirical context, given its technical nature. Utilizing a proprietary dataset that includes information on business combination and key officers’ characteristics, we employ multivariate analysis to explore the relationship between the CEO financial expertise and reporting transparency, and the moderating role of the CEO’s power. Our findings indicate that firms led by financial expert CEOs are more likely to allocate the purchase price to specific assets. Furthermore, CEOs’ structural power enhances the impact of financial expertise on PPA decisions, whereas relational power does not support a similar effect. Robustness checks confirm the validity of our results. This research contributes to the accounting literature by extending UET predictions, highlighting that accounting outcomes are systematically influenced by CEO financial expertise and illustrating how different managerial status within corporate governance affect financial reporting transparency.</div></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"59 ","pages":"Article 100711"},"PeriodicalIF":3.3,"publicationDate":"2025-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144578856","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

Management tone and corporate information asymmetry in times of pandemic crisis 大流行危机时期的管理基调与企业信息不对称

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-06-13 DOI: 10.1016/j.intaccaudtax.2025.100708

Yang Wang , Xin Chen , Yifei Zhang

引用次数: 0

Corporate political connection disruption and audit pricing: Evidence from involuntary departure of politically connected independent directors in China under Rule 18 公司政治关系中断与审计定价：基于规则18下中国政治关系独立董事非自愿离职的证据

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-06-13 DOI: 10.1016/j.intaccaudtax.2025.100709

Khalid Mehmood , Xuedan Tao , Huabing (Barbara) Wang , Wei Zhang

{"title":"Corporate political connection disruption and audit pricing: Evidence from involuntary departure of politically connected independent directors in China under Rule 18","authors":"Khalid Mehmood , Xuedan Tao , Huabing (Barbara) Wang , Wei Zhang","doi":"10.1016/j.intaccaudtax.2025.100709","DOIUrl":"10.1016/j.intaccaudtax.2025.100709","url":null,"abstract":"<div><div>This paper examines how auditors respond to their client firm’s political connection disruptions in pricing decisions. <em>Rule</em> 18, released by the Chinese government in 2013, prohibits government officials from serving as corporate directors, leading to forced resignations of politically connected independent directors (PCIDs) in public corporations over subsequent years. Utilizing these involuntary departures as an exogenous shock to a firm’s political connection and adopting a propensity score matching and staggered differences in differences design, we document increased audit fees for firms with PCID resignations (treatment firms) relative to the control firms. This increase in audit fees is more pronounced in non-state-owned enterprises or firms with higher political rank PCID departures. In terms of the mechanism, we do not find support for a higher client misreporting risk since treatment firms experience improved financial reporting quality. Instead, we document a significant increase in the probability of financial reporting related government sanctions and corporate lawsuits for these firms, suggesting increased litigation exposures as a potential driver for the audit fee increases. Overall, our results indicate a decreasing effect of client political connections on audit pricing.</div></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"59 ","pages":"Article 100709"},"PeriodicalIF":3.3,"publicationDate":"2025-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144321448","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

Do auditors charge clients with higher audit fees for blockchain investments? 审计师是否会向客户收取更高的b区块链投资审计费用？

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-06-07 DOI: 10.1016/j.intaccaudtax.2025.100707

Jean Jinghan Chen , Lingyu Huang , Jason Zezhong Xiao , Haoyu Zhang

引用次数: 0

Voice and the tax practitioner: The rhetoric and the reality of employee voice mechanisms in Big 4 accounting firms 声音与税务从业者：四大会计师事务所员工声音机制的修辞与现实

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-06-05 DOI: 10.1016/j.intaccaudtax.2025.100705

Brendan McCarthy , Elaine Doyle , Joan Ballantine , Michelle O’Sullivan

{"title":"Voice and the tax practitioner: The rhetoric and the reality of employee voice mechanisms in Big 4 accounting firms","authors":"Brendan McCarthy , Elaine Doyle , Joan Ballantine , Michelle O’Sullivan","doi":"10.1016/j.intaccaudtax.2025.100705","DOIUrl":"10.1016/j.intaccaudtax.2025.100705","url":null,"abstract":"<div><div>Although recent years have seen an exponential rise in academic interest in the concept of employee voice, the tax sector so far has been largely overlooked. This is symptomatic of the wider neglect within voice research of employees in accounting firms and other professional workplace settings, settings which have been consistently found to have high levels of employee turnover. Drawing on industrial relations voice research, this study addresses for the first time this lacuna by exploring the voice mechanisms available to tax practitioners working for Big 4 accounting firms. Uniquely, the findings are based on interviews with staff at all hierarchical levels, from juniors to partners. The findings reveal largely homogenous approaches across the firms to employee voice, with direct and largely formal employee voice mechanisms employed. These mechanisms, however, are subject to a significant degree of managerial control. With little employee appetite for collective voice, this study concludes that the partners across the Big 4 are free to shape and ultimately prescribe employee voice in tax unimpeded and in the pursuance of continued commercial success.</div></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"59 ","pages":"Article 100705"},"PeriodicalIF":3.3,"publicationDate":"2025-06-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144306823","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

Do female audit partners matter for audit quality? Evidence from Iran 女性审计合伙人对审计质量有影响吗？来自伊朗的证据

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-05-25 DOI: 10.1016/j.intaccaudtax.2025.100706

Javad Oradi , Naser Makarem , Reza Hesarzadeh

{"title":"Do female audit partners matter for audit quality? Evidence from Iran","authors":"Javad Oradi , Naser Makarem , Reza Hesarzadeh","doi":"10.1016/j.intaccaudtax.2025.100706","DOIUrl":"10.1016/j.intaccaudtax.2025.100706","url":null,"abstract":"<div><div>We examine the link between female audit partners and audit quality in Iran, a patriarchal country with significant gender disparity, especially in upper organizational ranks. We analyze data from firms listed on the Tehran Stock Exchange from 2011 to 2020, where audit reports are signed by two partners: the engagement partner and the review partner. We find that the presence of a female engagement partner is associated with higher audit quality, measured by modified audit opinions (MAOs), audit failures, and audit fees. We also find that female review partners are associated with a higher likelihood of issuing an MAO and fewer audit failures; however, their impact on audit fees is not significant. In addition, the combination of two male audit partners (without a female audit partner) is associated with lower-quality audits, suggesting that gender diversity at the top level of audit teams contributes to audit quality in the Iranian setting. Further analysis shows that the impact of female engagement partners on MAOs and audit failure (audit fees) is more pronounced if they are appointed by private (state) audit firms.</div></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"59 ","pages":"Article 100706"},"PeriodicalIF":3.3,"publicationDate":"2025-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144212379","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 spillover effect of ADR activity on stock price synchronicity: Empirical evidence in emerging markets ADR活动对股价同步性的溢出效应：新兴市场的经验证据

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-05-25 DOI: 10.1016/j.intaccaudtax.2025.100704

Dante B.C. Viana Jr.

{"title":"The spillover effect of ADR activity on stock price synchronicity: Empirical evidence in emerging markets","authors":"Dante B.C. Viana Jr.","doi":"10.1016/j.intaccaudtax.2025.100704","DOIUrl":"10.1016/j.intaccaudtax.2025.100704","url":null,"abstract":"<div><div>This study investigates the intra-industry spillover effect of American Depositary Receipt (ADR) issuance on the stock price synchronicity of non-ADR firms from emerging markets. Based on a sample of listed firms from six Latin American countries, although I find some evidence of a decrease in stock price synchronicity among ADR issuers in post-ADR issuance periods, the main findings suggest that non-ADR firms from industries with ADR issuance activity have higher levels of synchronicity on average than non-ADR firms from industries with no ADR issuance activity. These cross-country average results are robust to different regression methods and alternative subsamples employed to mitigate endogeneity concerns. Even though this trend is confirmed for the majority of the Latin American countries under review, individual-country analyses indicate a synchronicity-decreasing effect of ADR industry activity, particularly for non-ADR Chilean firms. Complementary, more in-depth empirical analyses suggest that country-level factors and ADR firm characteristics play an essential role in this issue. My main findings document that the overall positive spillover effect of ADR activity on the stock price synchronicity of non-ADR firms in Latin America is non-monotonic. These exploratory findings contribute to the active debate regarding the impact of ADR issuance on local economies, particularly with respect to the informativeness of financial reporting available in the capital markets.</div></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"59 ","pages":"Article 100704"},"PeriodicalIF":3.3,"publicationDate":"2025-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144169542","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

Internal governance, external pressure, and biodiversity disclosure 内部治理、外部压力与生物多样性信息披露

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-05-24 DOI: 10.1016/j.intaccaudtax.2025.100703

Ali Uyar , Habiba Al-Shaer , Cemil Kuzey , Abdullah S. Karaman

{"title":"Internal governance, external pressure, and biodiversity disclosure","authors":"Ali Uyar , Habiba Al-Shaer , Cemil Kuzey , Abdullah S. Karaman","doi":"10.1016/j.intaccaudtax.2025.100703","DOIUrl":"10.1016/j.intaccaudtax.2025.100703","url":null,"abstract":"<div><div>The declining rate of biodiversity due to land, water, and air pollution is alarming. Thus, stakeholders expect firms to engage with cleaner operational processes to preserve biodiversity and share their practices with biodiversity disclosure. To provide a catalyst for biodiversity engagement and disclosure, we explore two important mechanisms: the internal by examining board structure; and the external governance mechanisms by signing the United Nations Global Compact (UNGC) commitment and by checking individual country’s public governance quality measured by Worldwide Governance Indicators (WGI). Our initial empirical analysis assesses their association with biodiversity disclosure, followed by an assessment of the substitutive or complementary role of these two governance mechanisms in spurring biodiversity disclosure. Analyzing 46,564 observations affiliated with nine sectors and 47 countries, we find that directors with other corporate affiliations as well as independent and female directors spur biodiversity disclosure. Furthermore, the UNGC signatory commitment and WGI stimulate firms’ biodiversity disclosure. Although UNGC signatory status and board structure are substitutes for driving biodiversity disclosure, the interaction effect of WGI with boards of directors is not uniform. For example, WGI and directors affiliated with other corporations are substitutes, but WGI and independent directors are complements in spurring biodiversity disclosure.</div></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"59 ","pages":"Article 100703"},"PeriodicalIF":3.3,"publicationDate":"2025-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144147137","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

Overconfident CEOs, corporate social responsibility, and tax avoidance: Evidence from China 过度自信的ceo、企业社会责任和避税：来自中国的证据

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-05-23 DOI: 10.1016/j.intaccaudtax.2025.100702

Panagiotis Karavitis, Pantelis Kazakis, Tianyue Xu

引用次数: 0

Balancing performance and ethics: Navigating visual recognition technology adoption in the auditing industry 平衡绩效与道德：引导视觉识别技术在审计行业的应用

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-05-21 DOI: 10.1016/j.intaccaudtax.2025.100701

Mohammad Zaid Alaskar , Ja Ryong Kim , Tam Huy Nguyen , Muhammad Rafique

{"title":"Balancing performance and ethics: Navigating visual recognition technology adoption in the auditing industry","authors":"Mohammad Zaid Alaskar , Ja Ryong Kim , Tam Huy Nguyen , Muhammad Rafique","doi":"10.1016/j.intaccaudtax.2025.100701","DOIUrl":"10.1016/j.intaccaudtax.2025.100701","url":null,"abstract":"<div><div>This study aims to discover the key determinants affecting the adoption of visual recognition technology (VRT), a segment of artificial intelligence (AI) technology, in the auditing industry in Saudi Arabia, highlighting the tension between performance expectancy and ethical concerns. Through a quantitative approach utilizing a bilingual online questionnaire of auditors in Saudi Arabia and path analysis, we find that auditors consider the ethical concerns around VRT to be as important as its performance expectancy, traditionally the most important determinant of new technology adoption. The findings also suggest that facilitating conditions emerge as a dominant factor, raising concerns that VRT adoption is driven by resource availability rather than a thorough discussion of its costs and benefits. This paper contributes to the growing dialogue about AI ethical concerns, quantifying and highlighting the importance of ethical considerations for potential users. The paper also urges policymakers to take a balanced approach to incorporate both performance benefits and ethical considerations of the technology and devise practical ethical guidelines to facilitate the adoption of ethical AI.</div></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"59 ","pages":"Article 100701"},"PeriodicalIF":3.3,"publicationDate":"2025-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144138826","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