Journal of International Accounting Auditing and Taxation最新文献_第7页

Does female director expertise on audit committees matter for carbon disclosures? Evidence from the United Kingdom 审计委员会中女性董事的专长对碳信息披露有影响吗？来自英国的证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-04-19 DOI: 10.1016/j.intaccaudtax.2024.100618

Kaleemullah Abbasi , Ashraful Alam , Md. Borhan Uddin Bhuiyan , Md Tariqul Islam

{"title":"Does female director expertise on audit committees matter for carbon disclosures? Evidence from the United Kingdom","authors":"Kaleemullah Abbasi , Ashraful Alam , Md. Borhan Uddin Bhuiyan , Md Tariqul Islam","doi":"10.1016/j.intaccaudtax.2024.100618","DOIUrl":"https://doi.org/10.1016/j.intaccaudtax.2024.100618","url":null,"abstract":"<div><p>We investigate whether accounting and non-accounting female financial experts on audit committees influence carbon disclosures. Based on a sample of listed firms from the United Kingdom for 2009–2015, our findings show that non-accounting female experts on audit committees increase carbon disclosures. Our results support the view that non-accounting female experts possess greater business knowledge and are skilled in foreseeing the impact of management’s decisions, thus, enhancing carbon disclosures. Furthermore, our results are robust to alternative estimation techniques and endogenous concerns. We also find that firms in less carbon-intensive industries benefit from higher carbon disclosure in the presence of female non-accounting experts on audit committees. This study contributes to the recent research on corporate governance and carbon disclosures. Further, it extends recent studies identifying the specific characteristics of female directors that enhance environmental disclosures. Moreover, we respond to the calls for research on the personal attributes of directors and carbon disclosures by examining whether the accounting and non-accounting expertise of female directors on audit committees affects carbon disclosures.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"55 ","pages":"Article 100618"},"PeriodicalIF":2.6,"publicationDate":"2024-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951824000247/pdfft?md5=873841280dd535b10df4d9fbc2af890e&pid=1-s2.0-S1061951824000247-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140649152","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

Do taxes explain why firms rarely use performance-based malus contracts? 税收是否解释了为什么公司很少使用基于业绩的差额合同？

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-04-16 DOI: 10.1016/j.intaccaudtax.2024.100616

Rainer Niemann , Mariana Sailer

{"title":"Do taxes explain why firms rarely use performance-based malus contracts?","authors":"Rainer Niemann , Mariana Sailer","doi":"10.1016/j.intaccaudtax.2024.100616","DOIUrl":"10.1016/j.intaccaudtax.2024.100616","url":null,"abstract":"<div><p>Performance-based bonus contracts trigger financial rewards if goals are attained, while performance-based malus contracts punish target failure by means of financial penalties. Recommended and demanded by various stakeholders, malus contracts can be a competitive alternative that curbs high executive remuneration—nevertheless, firms rarely implement them in executive remuneration packages. A reason for this may lie in the tax treatment of corporate losses and executive remuneration. We analytically examine the effects of the most common forms of corporate taxation (symmetric and asymmetric) and personal wage taxation (proportional and progressive) on a firm owner’s contract choice. Our findings show that neither symmetric corporate nor proportional wage taxation impede malus contracts. However, asymmetric corporate taxation tends to disadvantage malus contracts compared to bonus contracts. Furthermore, progressive wage taxation has the potential to make malus contracts less attractive. This insight can add to the explanation for why firms rarely use performance-based malus contracts.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"55 ","pages":"Article 100616"},"PeriodicalIF":2.6,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951824000223/pdfft?md5=029678943bafd7c275d8a1b31f987074&pid=1-s2.0-S1061951824000223-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140759178","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

Operational risk disclosure quality and national culture: Evidence from the E.U. Banking industry 操作风险披露质量与国家文化：来自欧盟银行业的证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-03-29 DOI: 10.1016/j.intaccaudtax.2024.100614

Florence Pinto Basto , Ana Marques

{"title":"Operational risk disclosure quality and national culture: Evidence from the E.U. Banking industry","authors":"Florence Pinto Basto , Ana Marques","doi":"10.1016/j.intaccaudtax.2024.100614","DOIUrl":"10.1016/j.intaccaudtax.2024.100614","url":null,"abstract":"<div><p>In this study, we analyze the association between national culture and voluntary operational risk disclosure quality in the European Union banking industry. Complementarily, we assess whether the potential impact of culture differs between global banks and banks with low levels of internationalization. Finally, we consider the impact of the formal institutional environment. Our sample covers 15 countries, and we construct a disclosure score based on hand-collected data. Three main results were obtained. First, banks in societies that score higher on individualism or long-term orientation and lower on uncertainty avoidance or power distance have better disclosures. Second, in global banks, where executive board members interact with stakeholders from different cultures, these associations are absent. Finally, contextual factors also affect the association between culture and disclosure, but this substitution effect is weaker than the one we document for globalization. Our results are robust to instrumental variables estimation, the use of the GLOBE project’s cultural dimensions, and a subsample analysis of civil code law countries.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"55 ","pages":"Article 100614"},"PeriodicalIF":2.6,"publicationDate":"2024-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S106195182400020X/pdfft?md5=978ad4b4890f549bed70384d7b7fe8bb&pid=1-s2.0-S106195182400020X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140408166","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

Corruption prevention practices and tax avoidance: The moderating effect of corporate board characteristics 预防腐败的做法与避税：公司董事会特征的调节作用

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-03-29 DOI: 10.1016/j.intaccaudtax.2024.100615

Ahmed A. Sarhan , Mohamed H. Elmagrhi , Emad M. Elkhashen

{"title":"Corruption prevention practices and tax avoidance: The moderating effect of corporate board characteristics","authors":"Ahmed A. Sarhan , Mohamed H. Elmagrhi , Emad M. Elkhashen","doi":"10.1016/j.intaccaudtax.2024.100615","DOIUrl":"10.1016/j.intaccaudtax.2024.100615","url":null,"abstract":"<div><p>This paper examines the impact of corruption prevention practices on tax avoidance from a neo-institutional theoretical perspective. Our study also contributes to the existing corruption and tax literature by considering the moderating effect of corporate board characteristics on the association between corruption prevention practices and tax avoidance. Based on a sample of FTSE 350 United Kingdom (UK) listed firms, our findings illustrate that a firm’s commitment to good anti-corruption practices is linked with lower tax avoidance. Furthermore, corporate board characteristics complement anti-corruption practices in minimizing corporate tax avoidance. Our findings provide useful evidence to governments, regulators, and other stakeholders who aim to determine best business practices that could help in reducing the risk of corporate tax avoidance. In general, our findings are robust to alternative measures of tax avoidance and different types of multivariate regression methods, namely ordinary least squares, two-stage least squares and Tobit regression techniques.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"55 ","pages":"Article 100615"},"PeriodicalIF":2.6,"publicationDate":"2024-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1061951824000211/pdfft?md5=6b7d4b084e299a146e4aca55fdbb7f83&pid=1-s2.0-S1061951824000211-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140402929","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

How do auditors’ use of industry norms differentially impact management evaluations of audit quality under principles-based and rules-based accounting standards? 在基于原则的会计准则和基于规则的会计准则下，审计师对行业规范的使用如何对管理层的审计质量评价产生不同影响？

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-03-01 DOI: 10.1016/j.intaccaudtax.2024.100598

Erik S. Boyle

{"title":"How do auditors’ use of industry norms differentially impact management evaluations of audit quality under principles-based and rules-based accounting standards?","authors":"Erik S. Boyle","doi":"10.1016/j.intaccaudtax.2024.100598","DOIUrl":"10.1016/j.intaccaudtax.2024.100598","url":null,"abstract":"<div><p>Interactions between auditors and client management affect audit quality on an engagement because those interactions influence and incentivize auditor behavior and decision-making. I perform an experiment using 191 management participants to investigate (1) whether an auditor’s use of professional judgment or industry norms to justify proposed adjustments increases management’s evaluation of audit quality, and (2) whether these evaluations differ under principles-based or rules-based standards. I find that, although management views industry norms to be more credible, they disregard an auditor’s justification method and evaluate audit quality based on underlying accounting attributes when reporting under a more rules-based standard, such as US GAAP. However, when an accounting standard is more principles-based, such as IFRS, using industry norms positively influences perceptions of audit quality. Thus, when standards are less precise, auditors are incentivized to engage in herding behavior by defaulting to industry norms when determining appropriate accounting treatments. This study increases our understanding of the incentives and motivations faced by auditors in their interactions with client management under both rules-based and principle-based accounting standards.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"54 ","pages":"Article 100598"},"PeriodicalIF":2.6,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139640725","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

Editorial Publishing in JIAAT 1 – Research topics 编辑出版《JIAAT》 1 - 研究课题

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-02-18 DOI: 10.1016/j.intaccaudtax.2024.100606

Stergios Leventis

引用次数: 0

Corrigendum to “An international study on the impact of corruption on analysts’ forecasts” [J. Int. Account. Audit. Tax. 48 (2022) 100486] 对 "腐败对分析师预测影响的国际研究 "的更正[J. Int. Account. Audit. Tax. 48 (2022) 100486]

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-02-16 DOI: 10.1016/j.intaccaudtax.2024.100605

Emmanuel Mamatzakis

引用次数: 0

What do we know about tax treaties and how can accounting research contribute? 我们对税务条约了解多少，会计研究如何做出贡献？

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-02-15 DOI: 10.1016/j.intaccaudtax.2024.100604

Ashley West , Brett Wilkinson

引用次数: 0

Book-tax conformity and earnings management: A research agenda 账簿-税收一致性与收益管理：研究议程

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-02-15 DOI: 10.1016/j.intaccaudtax.2024.100603

Stylianos Floropoulos, Maria Tsipouridou, Charalambos Spathis

{"title":"Book-tax conformity and earnings management: A research agenda","authors":"Stylianos Floropoulos, Maria Tsipouridou, Charalambos Spathis","doi":"10.1016/j.intaccaudtax.2024.100603","DOIUrl":"10.1016/j.intaccaudtax.2024.100603","url":null,"abstract":"<div><p>We conduct a literature review of 60 studies on the impact of book-tax conformity on earnings management. We review this relationship in public firms, and then in public versus private firms. We also review external factors that may affect this relationship, such as accounting standards changes/International Financial Reporting Standards (IFRS) adoption, tax law changes, tax enforcement, and external audits. Finally, we review the studies on book-tax conformity and earnings attributes. The results are inconclusive as to whether high book-tax conformity increases or decreases earnings management. We find that private firms manage earnings and taxes to a greater extent than public firms when book-tax conformity is strong and that IFRS adoption is not enough to reduce earnings management and increase tax compliance. Firms use negative discretionary accruals before tax rate reductions to achieve their tax planning goals. Finally, tax authority enforcement strengthens financial reporting quality and decreases tax avoidance, whereas stronger book-tax conformity reduces the information content and timeliness of accounting earnings. Based on our review, we provide suggestions for future research.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"54 ","pages":"Article 100603"},"PeriodicalIF":2.6,"publicationDate":"2024-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139818642","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 the new revenue recognition principle (IFRS 15) on financial statement comparability: Evidence from Korea 新收入确认原则（IFRS 15）对财务报表可比性的影响：来自韩国的证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2024-01-29 DOI: 10.1016/j.intaccaudtax.2024.100601

Woo Jae Lee , Seung Uk Choi

{"title":"The effect of the new revenue recognition principle (IFRS 15) on financial statement comparability: Evidence from Korea","authors":"Woo Jae Lee , Seung Uk Choi","doi":"10.1016/j.intaccaudtax.2024.100601","DOIUrl":"10.1016/j.intaccaudtax.2024.100601","url":null,"abstract":"<div><p>This study investigates the initial impact of International Financial Reporting Standards (IFRS) 15 by comparing the financial statement comparability of the effective years of its implementation with those of the pre-IFRS 15 periods. Given that private firms are exempt from the IFRS 15 amendment, we use them as the control group for public firms. Specifically, we use Korean firms from 2015 to 2020 and employ a difference-in-differences approach. This study finds an increase in financial statement comparability for public firms after the IFRS 15 application relative to the change of private firms that are not subject to the IFRS 15. We interpret that the enhancement in financial statement comparability is caused by the following two aspects of IFRS 15: discretion reduction effect and harmonization of multiple standards effect. Furthermore, an increase in comparability is greater for firms that are clients of industry-specialist auditors and those that operate in less-competitive industries, unlike their counterparts. We also find that discretionary revenues are lower in the post-IFRS 15 period than in the pre-IFRS 15 period. Overall, the results of this study suggest that IFRS 15 can deliver the outcomes aimed for by regulators, at least during its initial implementation.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"54 ","pages":"Article 100601"},"PeriodicalIF":2.6,"publicationDate":"2024-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139646236","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