Journal of International Accounting Auditing and Taxation最新文献_第4页

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 : 2025-12-01 Epub 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":"2025-12-01","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

The effect of invisible power: board informal hierarchy and corporate tax avoidance 无形权力的影响：董事会非正式层级与企业避税

IF 3.7

Journal of International Accounting Auditing and Taxation Pub Date : 2025-12-01 Epub Date: 2025-10-15 DOI: 10.1016/j.intaccaudtax.2025.100720

He Xiao , Jianqun Xi

{"title":"The effect of invisible power: board informal hierarchy and corporate tax avoidance","authors":"He Xiao , Jianqun Xi","doi":"10.1016/j.intaccaudtax.2025.100720","DOIUrl":"10.1016/j.intaccaudtax.2025.100720","url":null,"abstract":"<div><div>This study examines the association between informal board hierarchy and corporate tax avoidance among Chinese listed firms. The empirical findings indicate that a clear informal board hierarchy can strengthen tax aggressiveness among listed Chinese firms. We also explore the economic mechanism underlying this finding. The path analysis shows the motivation of the impact, confirming that a clear board informal hierarchy promotes firm value for shareholders through corporate tax avoidance. Further tests show that the channels of the impact are as follows: (1) a clear informal board hierarchy could lead to greater board meeting frequency for advisory directors and more dissenting votes and tax-related opinions being raised by independent advisory directors in these meetings, implying more board advisory roles, which ultimately increases avoidance and (2) a clear informal board hierarchy implies stronger political connections and more centralized social ties in the Chinese context, prompting corporate tax aggressiveness. Finally, a set of cross-sectional analysis suggests that this finding is evident only for firms without sufficient auditors’ industry expertise, non-state-owned enterprises, and firms with a stronger Confucian culture, instead of their counterparts.</div></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"59 ","pages":"Article 100720"},"PeriodicalIF":3.7,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145324202","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 nuanced interplay between blockholders and audit fees: Empirical evidence from the UK alternative investment market 大股东与审计费用之间微妙的相互作用：来自英国另类投资市场的经验证据

IF 3.3

Journal of International Accounting Auditing and Taxation Pub Date : 2025-12-01 Epub Date: 2025-07-14 DOI: 10.1016/j.intaccaudtax.2025.100712

Omar Alhamad , Sardar Ahmad , John Ziyang Zhang

{"title":"The nuanced interplay between blockholders and audit fees: Empirical evidence from the UK alternative investment market","authors":"Omar Alhamad , Sardar Ahmad , John Ziyang Zhang","doi":"10.1016/j.intaccaudtax.2025.100712","DOIUrl":"10.1016/j.intaccaudtax.2025.100712","url":null,"abstract":"<div><div>This study investigates the effect of blockholders’ characteristics on audit fees by focusing on the Type II agency problem. Our study contributes to the debate on the interplay between blockholders’ characteristics and audit fees on a sample of smaller and medium-sized firms listed on the United Kingdom (UK)’s Alternative Investment Market (AIM). Using voting rights as a proxy for blockholders’ power, the findings of the study show that the presence and number of blockholders are positively associated with audit fees while voting dispersion is negatively associated with audit fees. Furthermore, the study provides evidence that the interplay between blockholders and external auditing is affected by coalition formation between blockholders and the largest controlling shareholder. Additional analysis reveals that if the first two and three largest blockholders are of the same type (such as all families or all corporations), then audit fees for those firms are higher than for firms where these blockholders are of a different type. In particular, the impact of blockholders on audit fees is more positive when firms are controlled by the holding of a family. Our findings have important implications for policymakers and audit practice regarding the interplay among external corporate governance mechanisms and institutional settings.</div></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"59 ","pages":"Article 100712"},"PeriodicalIF":3.3,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144679056","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

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 : 2025-12-01 Epub 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":"2025-12-01","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

Publishing in JIAAT – Part 5: Conclusions 出版：第五部分：结论

IF 3.7

Journal of International Accounting Auditing and Taxation Pub Date : 2025-12-01 Epub Date: 2025-09-04 DOI: 10.1016/j.intaccaudtax.2025.100716

Stergios Leventis (Editor-in-Chief)

引用次数: 0

Social capital, corporate governance, and earnings management: Cross-country evidence 社会资本、公司治理与盈余管理：跨国证据

IF 3.7

Journal of International Accounting Auditing and Taxation Pub Date : 2025-12-01 Epub Date: 2025-08-05 DOI: 10.1016/j.intaccaudtax.2025.100714

Ahmed Aboud , Sonia Brandon , Hesham Bassyouny , Panagiota Papadimitri , Tarek Abdelfattah

{"title":"Social capital, corporate governance, and earnings management: Cross-country evidence","authors":"Ahmed Aboud , Sonia Brandon , Hesham Bassyouny , Panagiota Papadimitri , Tarek Abdelfattah","doi":"10.1016/j.intaccaudtax.2025.100714","DOIUrl":"10.1016/j.intaccaudtax.2025.100714","url":null,"abstract":"<div><div>This study investigates the impact of social capital on earnings management and the moderating role of corporate governance in shaping that relationship. We explore how the interaction between social capital and other mechanisms, namely culture and formal institutions, affects earnings management, based on the concept that corporate governance can strengthen the impact of social capital on earnings management by reinforcing ethical norms and accountability. Using data from 14 countries, we present evidence that social capital has an effect on earnings management beyond the influence of cultural attributes. Moreover, the impact of social capital is particularly significant in firms with low corporate governance quality. Further analysis shows that the influence of social capital on earnings management is heightened in countries exhibiting low levels of individualism, power distance, and indulgence, and in countries with a code law system, lower ownership concentration, and higher disclosure quality. Our study contributes to the literature by demonstrating, using a cross-country context, that social capital constrains earnings management practices. It also highlights the additional impact of social capital beyond cultural dimensions, emphasizing its distinct role as a norm-enforcing mechanism with sanctions, separate from attributes such as individualism or uncertainty avoidance. Furthermore, the study offers new insights into the interplay between social capital and corporate governance in shaping corporate financial practices.</div></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"59 ","pages":"Article 100714"},"PeriodicalIF":3.7,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144827333","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

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 : 2025-12-01 Epub 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":"2025-12-01","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

Ownership structure and earnings quality in private family firms 私营家族企业的股权结构与盈余质量

IF 3.7

Journal of International Accounting Auditing and Taxation Pub Date : 2025-12-01 Epub Date: 2025-09-13 DOI: 10.1016/j.intaccaudtax.2025.100718

Charlotte Haugland Sundkvist , Limei Che , Tonny Stenheim

引用次数: 0

Corporate social responsibility board committee and tax disclosure 企业社会责任委员会和税务披露

IF 3.7

Journal of International Accounting Auditing and Taxation Pub Date : 2025-12-01 Epub Date: 2025-10-17 DOI: 10.1016/j.intaccaudtax.2025.100719

Gianluca Ginesti , Domenico Campa

引用次数: 0

The effect of female lead signing partners on modified audit opinions: Evidence from Japan 女性主导签署合伙人对修改审计意见的影响：来自日本的证据