Journal of International Accounting Auditing and Taxation最新文献_第10页

Do sanctioned audit firms strive to restore their damaged reputation under imperfect institutional settings? 受制裁的审计公司是否在不完善的制度环境下努力恢复其受损的声誉？

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-03-01 DOI: 10.1016/j.intaccaudtax.2023.100530

Junxiong Fang , Heibatollah Sami , Haiyan Zhou

{"title":"Do sanctioned audit firms strive to restore their damaged reputation under imperfect institutional settings?","authors":"Junxiong Fang , Heibatollah Sami , Haiyan Zhou","doi":"10.1016/j.intaccaudtax.2023.100530","DOIUrl":"10.1016/j.intaccaudtax.2023.100530","url":null,"abstract":"<div><p>In this paper, we investigate whether audit firms take measures to improve their audit quality subsequent to government sanctions in imperfect institutional settings. Using data from the emerging markets of China, we find that audit firms with damaged or shredded reputations have lower audit quality prior to the publicized accounting scandals and related disciplinary actions than non-sanctioned audit firms. The lower audit quality is particularly prevalent in less developed regions and smaller audit firms. Audit firms with shredded reputations significantly increased their audit quality after the disciplinary actions regardless of whether they are bigten or small audit firms. Such an improvement is more significant in state owned client firms, less developed regions, and firms sanctioned only once. These results suggest that institutional factors do play a significant role in encouraging audit firms to do high quality work. Finally, audit firms with shredded reputations experience more client turnover, although they do not earn audit fees lower than other firms. Among audit firms with shredded reputations, audit firms taking actions to improve are less likely to be dismissed by their clients and more likely to charge higher audit fees. These results have strategic implications for the regulators in emerging markets.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46752212","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

March 2023 Issue Contents 2023年3月版本内容

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-03-01 DOI: 10.1016/j.intaccaudtax.2023.100539

引用次数: 0

Exploring the role of excess control rights on real earnings management in family-controlled firms 论家族企业超额控制权在实际盈余管理中的作用

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-03-01 DOI: 10.1016/j.intaccaudtax.2023.100526

Ching-Lung Chen , Pei-Yu Weng , Hung-Shu Fan

{"title":"Exploring the role of excess control rights on real earnings management in family-controlled firms","authors":"Ching-Lung Chen , Pei-Yu Weng , Hung-Shu Fan","doi":"10.1016/j.intaccaudtax.2023.100526","DOIUrl":"10.1016/j.intaccaudtax.2023.100526","url":null,"abstract":"<div><p>Family-controlled firms are associated with financial reporting quality in two competing ways: incentives alignment hypothesis versus entrenchment hypothesis. Prior studies have investigated the potential effect of family-controlled firms on earnings management and/or the quality of financial reporting, but with inconsistent conclusions. This study uses the divergence between control rights and cash flow rights as a moderating variable and examines the association of family-controlled firms with real earnings management (REM) as compared to nonfamily-controlled firms in Taiwan. Taiwan is an emerging market where family owners play a dominant role in the decision-making process and are characterized by excess control rights. Based on unbalanced-panel data, empirical results indicate that family-controlled firms are more likely than nonfamily-controlled firms to engage in REM, which in turn results in poor subsequent operating performance. Further evidence reveals that this result is particularly pronounced for family-controlled firms with excessively high control rights. This suggests that excess control rights trigger family-controlled firms’ engaging in REM, thereby actually destroy operating performance. Our study performs several diagnostic tests and shows the results are robust in various specifications.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41360037","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

Mandatory IFRS adoption and earnings management: The role of culture 强制采用IFRS与盈余管理——文化的作用

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-03-01 DOI: 10.1016/j.intaccaudtax.2023.100527

Kevin C.K. Lam , Heibatollah Sami , Jun Yao , Yiwei Yao

引用次数: 1

Compliance during the COVID-19 pandemic: Knowledge of tax relaxation, completeness of documents and their socialisation COVID-19大流行期间的合规性:了解税收放宽，文件完整性及其社交

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-01-31 DOI: 10.5897/jat2022.0555

Y. Rahayu

引用次数: 0

The effect of tax cuts and jobs act on corporate debt ratios 减税和就业对公司债务比率有影响

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-01-31 DOI: 10.5897/jat2022.0523

Zhan Yu, Chiasson Andrea, Liao Xun, Lawrence Shari

引用次数: 0

The real earnings management gap between private and public firms: Evidence from Europe 私营和上市公司之间的实际盈余管理差距:来自欧洲的证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100506

Jingwen Yang , Danial Hemmings , Aziz Jaafar , Richard H.G. Jackson

{"title":"The real earnings management gap between private and public firms: Evidence from Europe","authors":"Jingwen Yang , Danial Hemmings , Aziz Jaafar , Richard H.G. Jackson","doi":"10.1016/j.intaccaudtax.2022.100506","DOIUrl":"10.1016/j.intaccaudtax.2022.100506","url":null,"abstract":"<div><p>Employing a comprehensive dataset spanning 11 European Union countries, we provide novel insights on how country-level institutional factors affect differences in the extent of real earnings management (REM) activity by publicly listed and privately held firms (the ‘REM gap’). Thus, we explain why the public–private firm REM gap varies systematically across countries. Exploring the impact of country-level governance and legal environment, we observe the REM gap to be greater in weaker market settings and in jurisdictions with higher book-tax conformity, despite REM levels overall typically being lower in such jurisdictions. While overall REM levels are positively related with the strength of investor protection and the extent of disclosure requirements and negatively related with ownership concentration levels, these factors play only a modest role in explaining variations in the REM gap. Our broad-based evidence also provides consistent support for the existence internationally of a ‘partial substitution effect’ where increased (decreased) REM activity is offset to some extent, but not wholly, by reduced (increased) accruals-based earnings management activity. Our findings have important implications regarding the comparability of financial statement information provided by public and private firms.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951822000611/pdfft?md5=caebdeb80764d3accf695a20797f5d07&pid=1-s2.0-S1061951822000611-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44538114","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Recognition of provisional goodwill: Real need or communication strategy? 确认临时商誉:实际需要还是沟通策略?

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100510

Elisa Roncagliolo, Francesco Avallone

引用次数: 1

Spanish economist-accountants’ perceptions of changes in regulation due to IFRS adoption 西班牙经济学家-会计师对国际财务报告准则采用后监管变化的看法

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100508

Esther Ortiz-Martínez, Salvador Marín-Hernández, Marcos Antón-Renart

{"title":"Spanish economist-accountants’ perceptions of changes in regulation due to IFRS adoption","authors":"Esther Ortiz-Martínez, Salvador Marín-Hernández, Marcos Antón-Renart","doi":"10.1016/j.intaccaudtax.2022.100508","DOIUrl":"10.1016/j.intaccaudtax.2022.100508","url":null,"abstract":"<div><p>The adoption of International Financial Reporting Standards (IFRS) in Spain by companies that are not included in the mandatory scope of the European Union regulations has led to the reform of accounting standards. We ascertain the opinions of Spanish economist-accountants following this change, analyzing the time effect and the level to which they understand the new requirements. We study the results of four successive surveys to analyze how the reform of the regulation is applied in practice. We conclude that the complexity economist-accountants encounter when facing regulatory changes varies significantly over time, as does their initial understanding of it. Economist-accountants’ perceptions change during the analyzed period and with the different changes in the regulation. They prefer the reform and adaptation of the Spanish legal system to IFRS to the direct application of IFRS in Spain. The main contribution of this paper is to highlight that regulators must consider the practical point of view and recognize that practitioners need extensive training and education to implement the new standards. In addition, a long-term perspective is required. For countries with similar characteristics, the results can provide a useful example of coping with changes in accounting regulation.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951822000635/pdfft?md5=e7166db33a3113a3d2aff8f9dda4a8c8&pid=1-s2.0-S1061951822000635-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47795765","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Peer firms’ reporting frequency and stock price synchronicity: European evidence 同业公司报告频率与股价同步性:欧洲证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2022-12-01 DOI: 10.1016/j.intaccaudtax.2022.100505

Jesper Haga , Kenneth Högholm , Dennis Sundvik

引用次数: 0