审计委员会效能、内部审计职能与财务报告滞后:来自马来西亚的证据

IF 0.7 Q4 BUSINESS, FINANCE
Rohaida Ismail, N. Mohd-Saleh, Rubayah Yaakob
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引用次数: 0

摘要

本研究探讨了审计委员会效能、内部审计职能安排与财务报告滞后之间的关系。它也扩展了文献通过探讨内部采购安排对财务报告滞后的影响。财务报告滞后是根据财务年度结束日期到财务报告公布日期之间的天数来衡量的。审计委员会的有效性包括规模、独立性、会议、专家和主席的资格。内部审计安排是在内部进行或外包给第三方内部审计服务提供商,内部审计在财政年度产生的费用。运用代理理论解释本研究的框架,并对2012 - 2015年2,284家马来西亚上市公司进行了检验。结果表明,内部采购安排和成本与财务报告滞后显著相关。这些发现通过提高财务信息的及时性,对审计委员会和审计报告文献提供了重要的启示。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Audit Committee Effectiveness, Internal Audit Function and Financial Reporting Lag: Evidence from Malaysia
This study examines the association among the effectiveness of audit committee, arrangement of internal audit function (IAF), and financial reporting lag (FRL). It also expands the literature by exploring the effect of IAF sourcing arrangement on financial reporting lag. Financial reporting lag is measured based on the number of days between the dates of the financial year end to the date of announcement of financial reporting. The effectiveness of the audit committee consists of size, independence, meetings, experts, and the chairperson’s qualifications. The internal audit arrangement is either performed in-house or outsourced to a third-party internal audit service provider and the cost of incurred for the IAF in the financial year. The agency theory is applied to explain the framework of this study and tested on 2,284 Malaysian listed companies from 2012 to 2015. Results show that IAF sourcing arrangement and cost are significantly associated with financial report lag. These findings offer important implications on audit committee and IAF literature through improving the timeliness of financial information.
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来源期刊
CiteScore
1.50
自引率
0.00%
发文量
12
审稿时长
20 weeks
期刊介绍: To provide a forum for the exchange of ideas and dissemination of empirical findings and analytical research in the specialized areas of accounting and finance with special emphasis on scholarly works with policy implications for countries in the Asia Pacific. The following are some of the topical subject areas relevant to the journal (but are not limited to): Accounting • Financial reporting and accounting standards • Auditing issues • Value based accounting and its relevance • Theory of accounting firm • Environmental auditing • Corporate governance issues • Public sector accounting Finance • Valuation of financial assets • International capital flows • Ownership and agency theory • Stock market behavior • Investment and portfolio management • Islamic banking and finance • Microstructures of financial markets
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