Journal of International Accounting Auditing and Taxation最新文献_第9页

Do the educational profile, gender, and professional experience of audit committee financial experts improve financial reporting quality? 审计委员会财务专家的教育背景、性别和专业经验是否能提高财务报告质量？

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-09-20 DOI: 10.1016/j.intaccaudtax.2023.100580

Bilal , Bushra Komal , Ernest Ezeani , Muhammad Usman , Frank Kwabi , Chengang Ye

{"title":"Do the educational profile, gender, and professional experience of audit committee financial experts improve financial reporting quality?","authors":"Bilal , Bushra Komal , Ernest Ezeani , Muhammad Usman , Frank Kwabi , Chengang Ye","doi":"10.1016/j.intaccaudtax.2023.100580","DOIUrl":"https://doi.org/10.1016/j.intaccaudtax.2023.100580","url":null,"abstract":"<div><p>Going beyond the mere presence of the audit committee financial experts (ACFEs) within the audit committee, we examine whether the educational profile, gender, and professional experience of ACFEs reduces the extent of earnings management. Using a sample of Chinese listed companies, we find evidence suggesting that ACFEs with postgraduate qualifications and other professional certifications mitigate earnings management. Female ACFEs with postgraduate qualifications are more effective in mitigating earnings management than their male counterparts. Also, the professional experience of ACFEs helps them reduce the extent of earnings management. Results are more pronounced in the case of female ACFEs with more professional experience. In addition, we found that ACFEs working in privately-owned Chinese firms better mitigate earnings management compared to those in state-owned Chinese firms. Overall, our results remain robust after controlling for potential endogeneity problems and using alternative earnings management proxies. Our study provides implications for regulators about necessary policy reforms regarding audit committee composition and recommends that companies appoint female ACFEs in China.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"53 ","pages":"Article 100580"},"PeriodicalIF":2.6,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50179527","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: 1

Social ties and related party transactions 社会关系和关联方交易

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-09-20 DOI: 10.1016/j.intaccaudtax.2023.100577

Guang-Zheng Chen

引用次数: 0

CSR reporting, assurance, and firm value and risk: The moderating effects of CSR committees and executive compensation 企业社会责任报告、保证与企业价值和风险：企业社会责任委员会和高管薪酬的调节作用

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-09-20 DOI: 10.1016/j.intaccaudtax.2023.100579

Hany Elbardan , Ali Uyar , Cemil Kuzey , Abdullah S. Karaman

{"title":"CSR reporting, assurance, and firm value and risk: The moderating effects of CSR committees and executive compensation","authors":"Hany Elbardan , Ali Uyar , Cemil Kuzey , Abdullah S. Karaman","doi":"10.1016/j.intaccaudtax.2023.100579","DOIUrl":"https://doi.org/10.1016/j.intaccaudtax.2023.100579","url":null,"abstract":"<div><p>This study focuses on the value-generating and risk-reducing function of corporate social responsibility (CSR) reporting, assurance, and Global Reporting Initiative (GRI) adoption by considering the moderating effects of CSR committees and executive CSR compensation. We retrieved an international dataset of 58,105 firm-year observations from the Thomson Reuters Eikon database over a long period of 16 years between 2004 and 2019. We find that while CSR reporting and external assurance are positively associated with firm value and industry-adjusted firm value, they are negatively associated with firm value volatility (i.e., risk). However, even though following GRI guidelines is not associated with firm value or industry-adjusted firm value, it is negatively associated with firm risk. Moderation analysis reveals that while CSR committees help strengthen the relationship between CSR reporting and external assurance and firm value, they fail to moderate the relation between GRI framework adoption and firm value. Furthermore, there are no significant results on the moderating effect of executive CSR compensation on firm value in any of the model configurations. However, further tests show that executive CSR compensation has a positive moderating effect between CSR reporting and assurance and accounting performance. Robustness tests confirm that the findings are largely robust to alternative sampling, methodology, and additional control variables.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"53 ","pages":"Article 100579"},"PeriodicalIF":2.6,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50179528","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: 2

Lead independent director, managerial risk-taking, and cost of debt: Evidence from UK 首席独立董事、管理风险和债务成本：来自英国的证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-09-19 DOI: 10.1016/j.intaccaudtax.2023.100576

Andrews Owusu , Frank Kwabi , Ruth Owusu-Mensah , Ahmed A Elamer

引用次数: 0

Asymmetric cost behavior: Theory, meta-analysis, and implications 不对称成本行为：理论、荟萃分析及其启示

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-09-18 DOI: 10.1016/j.intaccaudtax.2023.100578

Vasilios-Christos Naoum , Dimitrios Ntounis , Georgios Papanastasopoulos , Orestes Vlismas

{"title":"Asymmetric cost behavior: Theory, meta-analysis, and implications","authors":"Vasilios-Christos Naoum , Dimitrios Ntounis , Georgios Papanastasopoulos , Orestes Vlismas","doi":"10.1016/j.intaccaudtax.2023.100578","DOIUrl":"https://doi.org/10.1016/j.intaccaudtax.2023.100578","url":null,"abstract":"<div><p>Asymmetric cost behavior is an emerging and dynamic research area within the context of contemporary cost management research. This study systematically reviews asymmetric cost behavior research published in ABS-ranked journals (53 English-speaking journals) between 2003 and 2020. Additionally, we provide a review of the econometric models and instruments employed in empirical asymmetric cost behavior research and a meta-analysis of prior empirical evidence for the main determinants of the direction and intensity of the asymmetric cost behavior phenomenon. Several research streams are recognized within two major themes of cost asymmetry empirical research: (i) determinants of the asymmetric cost behavior phenomenon, and (ii) cost asymmetry as a determinant of earnings behavior, earnings prediction, and other microeconomic and macroeconomic phenomena. Each major component of our review is accompanied by critical analysis and suggestions for future research. Meta-analysis of the existing body of cost asymmetry studies reveals no publication bias but increasing heterogeneity within existing empirical evidence for cost asymmetry.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"53 ","pages":"Article 100578"},"PeriodicalIF":2.6,"publicationDate":"2023-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50179532","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

An examination of corporate environmental goals disclosure, sustainability performance and firm value – An Egyptian evidence 对企业环境目标披露、可持续发展绩效和企业价值的考察——埃及证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-09-01 DOI: 10.1016/j.intaccaudtax.2023.100561

Akrum Helfaya , Ahmed Aboud , Essam Amin

{"title":"An examination of corporate environmental goals disclosure, sustainability performance and firm value – An Egyptian evidence","authors":"Akrum Helfaya , Ahmed Aboud , Essam Amin","doi":"10.1016/j.intaccaudtax.2023.100561","DOIUrl":"10.1016/j.intaccaudtax.2023.100561","url":null,"abstract":"<div><p>This paper explores the status quo of environmental goals disclosure (EGD) and empirically tests its impact on Egyptian corporate sustainability ratings and firm value. We find that Egyptian companies show a large degree of variability and inconsistency in their EGDs. However, EGDs have a positive impact on sustainability ratings and firm value. Companies that release more EGDs are more likely to gain membership in the Egyptian Sustainability Index and attain a high sustainability rank, to which the capital market reacts positively. Our findings have important implications, particularly for policymakers, companies, investors, environmental activists, and other stakeholder groups in developing nations. This study contributes insights from EGD practices in Egypt to the existing literature on corporate social responsibility (CSR) in developing nations. It also helps to resolve the conflicting predictions of socio-political theories and the voluntary disclosure theory, showing how both perspectives help to explain the relationships among corporate EGDs, sustainability ratings, and firm.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"52 ","pages":"Article 100561"},"PeriodicalIF":2.6,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44416868","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: 2

Narrative tone and earnings persistence 叙事基调与收益持久性

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-09-01 DOI: 10.1016/j.intaccaudtax.2023.100562

Sheehan Rahman

{"title":"Narrative tone and earnings persistence","authors":"Sheehan Rahman","doi":"10.1016/j.intaccaudtax.2023.100562","DOIUrl":"10.1016/j.intaccaudtax.2023.100562","url":null,"abstract":"<div><p>This study contributes to the accounting literature on the intersection between earnings quality and the linguistic features of firms’ financial disclosures. Specifically, it examines the relationship between earnings persistence as an attribute of earnings quality and the tone of United Kingdom annual reports. The expectations-adjustment hypothesis suggests that firms with more persistent earnings streams have incentives to signal their superior earnings quality to capital providers by increasing the positive tone of financial disclosures. Consistent with this hypothesis, this study provides evidence of a positive association between the annual report tone and earnings persistence. Additional analysis reveals that this association is less pronounced in technology firms than non-technology firms. Separating the sample into profit firms and loss firms suggests that the tone is positively associated with the persistence of profits but exhibits no association with the persistence of losses. Disaggregating the tone into positive and negative components indicates that negative tone has a stronger and more negative association with earnings persistence than positive tone. Further, negative tone is negatively associated with earnings persistence in both profit firms and loss firms. In contrast, positive tone is not associated with earnings persistence in profit firms but is negatively associated with earnings persistence in loss firms.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"52 ","pages":"Article 100562"},"PeriodicalIF":2.6,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47271008","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: 1

The quality of tax accounting for financial reporting purposes: International evidence from the United Kingdom 财务报告用税务会计的质量——来自英国的国际证据

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-09-01 DOI: 10.1016/j.intaccaudtax.2023.100564

Qian Song , Kevin Holland

{"title":"The quality of tax accounting for financial reporting purposes: International evidence from the United Kingdom","authors":"Qian Song , Kevin Holland","doi":"10.1016/j.intaccaudtax.2023.100564","DOIUrl":"10.1016/j.intaccaudtax.2023.100564","url":null,"abstract":"<div><p>The quality of tax accounting can be defined as the relationship between the annual tax expense reported in firms’ financial statements and future tax cashflows. As corporate income taxes have a material proportion of earnings, assessing the tax accounting quality can help financial statement users in evaluating future commitment to internal funds. While there is an emerging US-based literature on tax accounting quality, to the authors’ knowledge this is the first study to examine tax accounting quality outside of the US and the first under a regime governed by International Financial Reporting Standards. The results indicate that tax accounting quality is significantly lower for firms that engage in higher levels of tax management or have stronger earnings management pressure. While corporate governance mechanisms do not moderate the relationship between tax management and tax accounting quality, there is some evidence of a moderating effect in the relationship between earnings management pressure and tax accounting quality. In addition, we observe variations in tax accounting quality associated with a change in tax-related financial reporting standards.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"52 ","pages":"Article 100564"},"PeriodicalIF":2.6,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47165187","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

How can governance, human capital, and communication practices enhance internal audit quality? 治理、人力资本和沟通实践如何提高内部审计质量?

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-09-01 DOI: 10.1016/j.intaccaudtax.2023.100566

Stéphanie Thiéry , Stephane Lhuillery , Marion Tellechea

引用次数: 0

The goodwill impairment test under IFRS: Objective, effectiveness and alternative approaches 国际财务报告准则下的商誉减值测试：目标、有效性和替代方法

IF 2.6

Journal of International Accounting Auditing and Taxation Pub Date : 2023-09-01 DOI: 10.1016/j.intaccaudtax.2023.100558

Niclas Hellman, Tomas Hjelström

{"title":"The goodwill impairment test under IFRS: Objective, effectiveness and alternative approaches","authors":"Niclas Hellman, Tomas Hjelström","doi":"10.1016/j.intaccaudtax.2023.100558","DOIUrl":"https://doi.org/10.1016/j.intaccaudtax.2023.100558","url":null,"abstract":"<div><p>Stakeholders have questioned the effectiveness of the goodwill impairment-only approach, which was widely adopted in the early 2000s. Much empirical work has been conducted on the matter, but there is a need for more conceptual work. This paper applies goodwill-components theory to derive the theoretical objective of the goodwill impairment test and to define impairment effectiveness – a concept previously undefined but often referenced in the debate. Goodwill-components theory allows us to address the various components of goodwill instead of viewing accounting goodwill as homogeneous. Adopting this framework, we compare the current International Financial Reporting Standards (IFRS) model to two alternative impairment-only models, the pre-acquisition headroom (PH) model and the fair value (FV) model. We conclude that the PH model results in more effective impairment testing than the current IFRS model. Compared to the FV model, the PH model is more effective in the short run and less effective in the long run. Our analysis further identifies situations where the PH model is “over-effective”. The framework is also used to illustrate the effectiveness of the current IFRS model compared to a goodwill amortization model.</p></div>","PeriodicalId":53221,"journal":{"name":"Journal of International Accounting Auditing and Taxation","volume":"52 ","pages":"Article 100558"},"PeriodicalIF":2.6,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50194068","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