种姓至上的审计师选择和独立性

IF 2 Q2 BUSINESS, FINANCE

International Journal of Accounting Pub Date : 2020-10-30 DOI:10.1142/s1094406020500171

Ajit Dayanandan, H. Donker, John R. Nofsinger, R. Prasad

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引用次数: 3

摘要

我们研究了印度公司董事会选择的审计师的种姓关系。印度种姓制度的历史是歧视和不公平的。宪法规定的公共部门配额制度已经有所改善，但尚未渗透到私营部门的领导层。我们发现，近96%的印度公司董事会由单一种姓主导。审计事务所也由前卫阶层主导。最后，我们发现，当董事会由一个种姓主导时，他们会选择一家也隶属于同一种姓的审计公司。我们研究董事会和审计师的关系，因为他们在公司治理中都扮演着重要的监督角色。然而，当审计师与公司之间缺乏独立性时，审计师的有效性可能会受到损害。像种姓关系这样强大的共享社会网络的存在损害了这种独立性。

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Caste Primacy of Auditor Choice and Independence

We examine the caste affiliation of the auditor selected by the corporate boards of directors of Indian firms. The history of the caste system in India is one of discrimination and inequity. The constitutionally mandated quota system in the public sector has shown improvements, but has not trickled into private sector leadership. We find that nearly 96% of Indian corporate boards are dominated by a single caste. The auditing firms are also dominated by the forward castes. Lastly, we find that when boards are dominated by one caste, they select an auditing firm that is also affiliated with that same caste. We examine the board and auditor relationship because they both play an important monitoring role in corporate governance. However, auditor effectiveness can be undermined when there is a lack of independence between them and the firm. The existence of a strong shared social network like caste affiliation compromises that independence.

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来源期刊

International Journal of Accounting BUSINESS, FINANCE-

CiteScore

1.20

自引率

0.00%

发文量

期刊介绍： The aim of The International Journal of Accounting is to advance the academic and professional understanding of accounting theory, policies and practice from the international perspective and viewpoint. The Journal editorial recognizes that international accounting is influenced by a variety of forces, e.g., governmental, political and economic. Thus, the primary criterion for manuscript evaluation is the incremental contribution to international accounting literature and the forces that impact the field. The Journal aims at understanding the present and potential ability of accounting to aid in analyzing and interpreting international economic transactions and the economic consequences of such reporting. These transactions may be within a profit or non-profit environment. The Journal encourages a broad view of the origins and development of accounting with an emphasis on its functions in an increasingly interdependent global economy. The Journal also welcomes manuscripts that help explain current international accounting practices, with related theoretical justifications, and identify criticisms of current policies and practice. Other than occasional commissioned papers or special issues, all the manuscripts published in the Journal are selected by the editors after the normal double-blind refereeing process.