治理反腐败和审计师的独立性

IF 2.8 3区 管理学 Q2 BUSINESS, FINANCE
Jihad Al‐Okaily
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引用次数: 0

摘要

目的不断增长的国际法律议程和公司治理规则的快速发展,促使公司重视反腐败程序。另一方面,监管机构和政策制定者对审计委员会在促进道德行为和保障审计师独立性免受购买非审计服务不利后果方面的有效性提出了广泛的担忧。本文的目的是在审计委员会的背景下,研究反腐败措施的采用与审计师独立性之间的关系。设计/方法/方法在进行Breusch–Pagan拉格朗日乘子检验和Hausman检验后,随机效应模型被用作最合适的估计量。几个内生性检验也被用来解释模型中公司治理变量的内生性。调查结果本文以英国富时350指数成分股公司为样本,提供证据表明,反腐败努力与非审计服务的购买量减少以及审计师与其客户之间的经济联系减少有关。此外,本文的研究结果表明,反腐败措施的采用取代了审计委员会在增强审计师独立性方面的作用,审计委员会没有发挥显著的增量作用。独创性/价值据作者所知,这是第一项专注于增强审计师独立性的研究,同时从客户而非审计师的角度加强控制和道德环境。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Governing anti-corruption and perceived auditor independence
Purpose The growing international legal agenda and the fast development of corporate governance rules are now prompting firms to put emphasis on anti-corruption procedures. On the other hand, wide-ranging concerns have been raised by regulators and policymakers regarding the effectiveness of audit committees in promoting ethical behavior and safeguarding auditor independence from the adverse consequences of purchasing non-audit services. The purpose of this paper is to examine the relationship between the adoption of anti-corruption measures and perceived auditor independence in the context of audit committees. Design/methodology/approach After conducting the Breusch–Pagan Lagrange Multiplier test and the Hausman test, the random-effect model is used as the most appropriate estimator. Several endogeneity tests are also used to account for the endogenous nature of the corporate governance variables in the models. Findings Using a sample of UK FTSE 350 firms, this paper provides evidence that anti-corruption efforts are associated with lower purchases of non-audit services and lower economic bonding between auditors and their clients. Furthermore, the findings of this paper reveal that the adoption of anti-corruption efforts substitutes the role of audit committees in enhancing perceived auditor independence and that audit committees do not play a significant incremental role. Originality/value To the best of the author’s knowledge, this is the first study of its kind to focus on bolstering perceived auditor independence while enhancing the control and ethical environment from the clients’ side instead of the auditors’ side.
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来源期刊
CiteScore
5.40
自引率
13.80%
发文量
45
期刊介绍: The key areas addressed are: ■Audit and Assurance (financial and non-financial) ■Financial and Managerial Reporting ■Governance, controls, risks and ethics ■Organizational issues including firm cultures, performance and development In addition, the evaluation of changes occurring in the auditing profession, as well as the broader fields of accounting and assurance, are also explored. Debates concerning organizational performance and professional competence are also covered.
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