Journal of International Accounting Auditing and Taxation最新文献_第2页

Sustainability reporting with two different voices: The European Union and the International Sustainability Standards Board 两种不同声音的可持续发展报告：欧盟和国际可持续发展标准委员会

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2024-07-02 DOI: 10.1016/j.intaccaudtax.2024.100635

Victoria Krivogorsky

引用次数: 0

The impact of industry competition on the value relevance of goodwill impairments across different information environments 不同信息环境下行业竞争对商誉减值价值相关性的影响

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2024-06-29 DOI: 10.1016/j.intaccaudtax.2024.100639

Ahmad Alshehabi , Hussein Halabi , Sami Adwan , Sabri Boubaker

{"title":"The impact of industry competition on the value relevance of goodwill impairments across different information environments","authors":"Ahmad Alshehabi , Hussein Halabi , Sami Adwan , Sabri Boubaker","doi":"10.1016/j.intaccaudtax.2024.100639","DOIUrl":"https://doi.org/10.1016/j.intaccaudtax.2024.100639","url":null,"abstract":"<div><p>Building upon prior studies that explore the impact of competition on financial reporting quality, this paper investigates the influence of industry-level competition on the value relevance of goodwill impairments. Additionally, it examines whether this impact is more pronounced for firms operating in countries with rich information environments. We analyze 21,224 firm-year observations from companies in 21 countries that reported under International Financial Reporting Standards (IFRS). We find that companies facing higher product market competition tend to report impairment losses that are relevant to investors’ equity valuation decisions. This is consistent with the notion that companies in competitive industries are subject to greater scrutiny and have fewer incentives to manipulate their impairment reporting. We also find that the impact of industry competition on the value relevance of goodwill impairments is more pronounced in the rich information environments of market-based economies than bank-oriented economies. These findings underscore the impact of competition and its interplay with the information environment on the market perception of accounting information that is subject to managerial discretion.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-06-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951824000454/pdfft?md5=3019ca726e0d8882671008a84764af45&pid=1-s2.0-S1061951824000454-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141541663","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: 0

Editorial: Publishing in JIAAT Part 2 – Research methods 编辑：在 JIAAT 上发表文章第 2 部分--研究方法

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2024-06-28 DOI: 10.1016/j.intaccaudtax.2024.100636

引用次数: 0

Do family ownership and supervisory board characteristics influence audit report lag? A view from a two-tier board context 家族所有权和监事会特征会影响审计报告的滞后性吗？两级董事会背景下的观点

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2024-06-28 DOI: 10.1016/j.intaccaudtax.2024.100638

Emita Astami , Agus Joko Pramono , Rusmin Rusmin , Fitra Roman Cahaya , Teerooven Soobaroyen

{"title":"Do family ownership and supervisory board characteristics influence audit report lag? A view from a two-tier board context","authors":"Emita Astami , Agus Joko Pramono , Rusmin Rusmin , Fitra Roman Cahaya , Teerooven Soobaroyen","doi":"10.1016/j.intaccaudtax.2024.100638","DOIUrl":"https://doi.org/10.1016/j.intaccaudtax.2024.100638","url":null,"abstract":"<div><p>This study investigates the impact of family ownership and supervisory board characteristics on audit report lag in Indonesia. The study relies on a balanced panel dataset and matched-pair sample of 124 listed non-financial firms (2017–2019) in a two-tier board context, drawing on Type II agency theory and the entrenchment/alignment implications of ownership concentration. First, we find a positive and significant association between family ownership and audit report lag. Second, we find evidence that the size of the supervisory board (locally referred to as the board of commissioners) and the frequency of meetings are negatively associated with audit report lag. Further analyses reveal that firms with a larger proportion of family members on the supervisory board experience longer reporting lag. This finding highlights the family’s entrenchment and their domination of the board of commissioners. Additional analysis considering the commissioners’ backgrounds reveals that audit report timeliness worsens when there is a larger proportion of community leadership. This suggests that some commissioner profiles could further lead to entrenchment behaviors. Our findings contribute to the literature and to policy by highlighting the potential and limits of a two-tier board policy on accounting outcomes, particularly in the context of dominant family structures in emerging economies.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951824000442/pdfft?md5=3a4c4ec4455bdfc8a85771fa2b83a225&pid=1-s2.0-S1061951824000442-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141594074","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: 0

Business strategy, earnings properties, and earnings quality 业务战略、收益属性和收益质量

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2024-06-27 DOI: 10.1016/j.intaccaudtax.2024.100632

Nikolaos Karampinis , Orestes Vlismas , Apostolos Ballas

引用次数: 0

Special Issue: Literature reviews exploring international aspects of accounting, auditing, and taxation 特刊：探讨会计、审计和税收的国际方面的文献综述

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2024-06-26 DOI: 10.1016/j.intaccaudtax.2024.100637

Stergios Leventis, Helen Kang, Luke Watson

引用次数: 0

Has the Transparency Directive benefited the United Kingdom? 透明度指令》是否使联合王国受益？

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2024-06-26 DOI: 10.1016/j.intaccaudtax.2024.100633

Sheehan Rahman

{"title":"Has the Transparency Directive benefited the United Kingdom?","authors":"Sheehan Rahman","doi":"10.1016/j.intaccaudtax.2024.100633","DOIUrl":"https://doi.org/10.1016/j.intaccaudtax.2024.100633","url":null,"abstract":"<div><p>Post Brexit, this study contributes to assessing the efficacy of the European Union (EU) Transparency Directive (TPD) in attaining its regulator-specified goals for the United Kingdom (UK) capital market. During its adoption in 2004, the Commission of European Communities and the UK Government argued that TPD adoption should increase firms’ financial reporting quality and investment efficiency while decreasing firms’ cost of capital and information asymmetry. Using several alternative test variables in a sample of FTSE All-Share Index firms, I find evidence consistent with these four goals following TPD adoption. Additionally, I find that firms have lower cash holdings and higher dividend payouts following TPD adoption. Most of these trends do not reverse after the 2014 TPD amendment that abolished mandatory quarterly trading updates. This is the first study to examine the association between TPD adoption and firms’ cost of capital, investment efficiency, cash holdings, and dividend payout. Collectively, my results suggest that the primary regulatory goals of the TPD are being attained in the UK. Therefore, a case can be made for the relevance of the TPD and the resulting Disclosure and Transparency Rules in UK post Brexit.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141482878","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

Human development and the quality of financial reporting among the local governments in Indonesia 印度尼西亚地方政府的人类发展与财务报告质量

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2024-06-24 DOI: 10.1016/j.intaccaudtax.2024.100634

Fuad Rakhman, Singgih Wijayana

{"title":"Human development and the quality of financial reporting among the local governments in Indonesia","authors":"Fuad Rakhman, Singgih Wijayana","doi":"10.1016/j.intaccaudtax.2024.100634","DOIUrl":"https://doi.org/10.1016/j.intaccaudtax.2024.100634","url":null,"abstract":"<div><p>We investigate whether a local government’s level of human development is associated with its financial reporting quality. We use audit opinions and accruals management to capture financial reporting quality and manually collected data from our sample of 4,254 financial reports of Indonesian local governments from 2010 to 2018. We find that local governments whose citizens have a higher Human Development Index (HDI) and on each dimension of human development are more likely to receive an unqualified audit opinion on their financial reports. However, we find that local governments with a higher development index are more likely to use accruals management through revenue overestimation or expense underestimation in preparing the statement of operations. Our results suggest that employees of higher quality, as indicated by a higher HDI, have a greater ability to follow accounting rules resulting in a cleaner audit opinion. However, they might opportunistically use their judgments in making accounting estimates. Finally, our study contributes to the literature by providing insight into how human development and its dimensions are associated with the quality of financial reporting, especially in the public sector in developing countries.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141482877","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

A structured literature review of empirical research on mandatory auditor rotation 关于强制审计师轮换制实证研究的结构化文献综述

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-06-01 DOI: 10.1016/j.intaccaudtax.2024.100623

Cristina Florio

{"title":"A structured literature review of empirical research on mandatory auditor rotation","authors":"Cristina Florio","doi":"10.1016/j.intaccaudtax.2024.100623","DOIUrl":"10.1016/j.intaccaudtax.2024.100623","url":null,"abstract":"<div><p>This study reviews 128 empirical studies on mandatory auditor rotation (MAR) in light of the long-standing debate on the effectiveness of MAR and the different regulatory choices made worldwide over time. A structured literature review was conducted to address three research questions. How has empirical research on MAR developed from 2000 to 2022? What is the focus and critique of the empirical research on MAR? What is the future of MAR empirical research? The findings reveal growing empirical evidence on MAR. However, this evidence is fragmented and country-based. Scholars have primarily focused on audit firm rotation rather than audit partner rotation. While quantitative research based on archival data predominates, survey questionnaires prevail in a few regions. Evidence on how MAR impacts auditor independence, the auditor–client relationship, and audit market concentration is scant, whereas audit quality is the most investigated research question. Nonetheless, assessing whether MAR benefits audit quality remains challenging because the research outcomes depend on the research question, rotation type, research method, and regulations enforced in the empirical setting. Based on this comprehensive and rigorous overview of worldwide MAR empirical research, knowledge gaps are underlined, avenues for future research are suggested, and warnings are issued to shareholders and policymakers.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951824000296/pdfft?md5=24959b110896c402ee277652784dcd8e&pid=1-s2.0-S1061951824000296-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141051793","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: 0

Abnormal audit fees and financial reporting quality: A meta-analysis 异常审计费用与财务报告质量：荟萃分析

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-05-13 DOI: 10.1016/j.intaccaudtax.2024.100622

Xuelian Li, Ming Liu

引用次数: 0