Corporate Governance, Conservatism and Auditor Resignation PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Corporate Governance, Conservatism and Auditor Resignation PDF full book. Access full book title Corporate Governance, Conservatism and Auditor Resignation by Jiahui Liang. Download full books in PDF and EPUB format.
Author: Jiahui Liang
Publisher:
ISBN:
Category :
Languages : en
Pages : 29
Get Book Here
Book Description
This paper studies the influence of conditional conservatism on the auditor resignations, and more importantly, the impact of corporate governance on this relationship. The existing literature has provided evidence on the existence and pervasiveness of accounting conservatism, such as compensation and debt contracts, shareholder litigation, taxation and accounting supervision. However, there is very limited evidence and discussion on the potential impact of accounting conservatism on audit risk and auditor resignation. Furthermore, research on how effective corporate governance affects the relationship is rarely covered.We select the firm-year observations from 2005 to 2015. We find that the conditional conservatism reduces the auditor resignations by reducing the expected audit risk. However, further empirical results show that this reduction in auditor resignations is attenuated by higher corporate governance quality. That is, effective corporate governance will moderate the negative correlation between conservatism and auditor resignations. The empirical results of this paper are of value to firms, auditors, regulators, standard-setters and corporate managers. In addition, this paper expands the literature on the influencing factors of auditor resignations.
Author: Jiahui Liang
Publisher:
ISBN:
Category :
Languages : en
Pages : 29
Get Book Here
Book Description
This paper studies the influence of conditional conservatism on the auditor resignations, and more importantly, the impact of corporate governance on this relationship. The existing literature has provided evidence on the existence and pervasiveness of accounting conservatism, such as compensation and debt contracts, shareholder litigation, taxation and accounting supervision. However, there is very limited evidence and discussion on the potential impact of accounting conservatism on audit risk and auditor resignation. Furthermore, research on how effective corporate governance affects the relationship is rarely covered.We select the firm-year observations from 2005 to 2015. We find that the conditional conservatism reduces the auditor resignations by reducing the expected audit risk. However, further empirical results show that this reduction in auditor resignations is attenuated by higher corporate governance quality. That is, effective corporate governance will moderate the negative correlation between conservatism and auditor resignations. The empirical results of this paper are of value to firms, auditors, regulators, standard-setters and corporate managers. In addition, this paper expands the literature on the influencing factors of auditor resignations.
Author: Gregory Francesco Maassen
Publisher: Gregory Maassen
ISBN: 9090125914
Category : Corporate governance
Languages : en
Pages : 228
Get Book Here
Book Description
Author: Robert A. G. Monks
Publisher: Wiley-Blackwell
ISBN: 9781405116985
Category : Business & Economics
Languages : en
Pages : 584
Get Book Here
Book Description
In the wake of the dramatic series of corporate meltdowns: Enron; Tyco; Adelphia; WorldCom; the timely new edition of this successful text provides students and business professionals with a welcome update of the key issues facing managers, boards of directors, investors, and shareholders. In addition to its authoritative overview of the history, the myth and the reality of corporate governance, this new edition has been updated to include: analysis of the latest cases of corporate disaster; An overview of corporate governance guidelines and codes of practice in developing and emerging markets new cases: Adelphia; Arthur Andersen; Tyco Laboratories; Worldcom; Gerstner's pay packet at IBM Once again in the new edition of their textbook, Robert A. G. Monks and Nell Minow show clearly the role of corporate governance in making sure the right questions are asked and the necessary checks and balances in place to protect the long-term, sustainable value of the enterprise. A CD-ROM containing a comprehensive case study of the Enron collapse, complete with senate hearings and video footage, accompanies the text. Further lecturer resources and links are available at www.blackwellpublishing.com/monks
Author: Ahmed Naciri
Publisher: Routledge
ISBN: 1134087888
Category : Business & Economics
Languages : en
Pages : 545
Get Book Here
Book Description
The last Asian financial crisis, coupled with the western series of corporate scandals, has caused investors and citizens to doubt mangers ability to guarantee credible financial information about organizations. Consequently, legislators all over the world have come to realise the necessity of legislating in the area of corporate governance.
Author: P. M. Vasudev
Publisher: Edward Elgar Publishing
ISBN: 0857931539
Category : Business & Economics
Languages : en
Pages : 321
Get Book Here
Book Description
'Judging by the academic post-mortems, the 2008 economic collapse was triggered by a financial sector gone wild. But the collapse was also made possible by defects in corporate governance. At last, this volume offers a serious investigation into the role corporate governance played in getting the world into that mess and can play in getting it out. Offering diverse perspectives from some of the world's preeminent corporate scholars, the volume deserves a place on the desk of anyone seeking to understand the collapse and how to avoid the next one.' Kent Greenfield, Boston College Law School, US 'This excellent collection from a highly distinguished group of scholars focuses on three intertwined and overlapping "aftermaths", the pressing concerns of corporate governance reform arising out of the financial crisis since 2008, the state of corporate governance reform since the spectacular failures of Enron, Worldcom and others, and, finally, the prospects of what since the early 1980s has been a global debate over the convergence and divergence of corporate law debates. Drawing on numerous country studies, this book greatly advances our understanding of where corporate governance reform is headed.' Peer Zumbansen, York University, Canada 'This volume addresses a range of important issues that were relevant before the global financial crisis and have, in many ways, become more so since the crisis. The book contains the work of a number of renowned commentators who have given the issues considered in the book much thought over an appreciable period of time. This volume is one that all scholars interested in corporate governance, no matter what their academic discipline is, would be interested in reading. I am eagerly awaiting its publication.' Andrew Keay, University of Leeds, UK 'The governance needle now swings to and fro like a windscreen wiper, no longer fast upon the goal of shareholder primacy and wealth maximization. "The aim of this volume is to introduce the new ideas animating. . . governance in the post-financial crisis world". This book does a superb job of accomplishing that objective. Probing discussions of sustainability, stakeholder models, globalization, ethical behavior, soft law, independent directors, and family capitalism coalesce around the antipode toward which the windscreen wiper increasingly swings, and not which "may be" but will be "the shape of things to come".' Douglas M. Branson, University of Pittsburgh, US The financial crisis of 200809 raises questions about the assumptions that underpin corporate governance. Shareholder value and private ordering may not in fact be the best means of promoting efficiency and corporate responsibility and the mechanisms used to ensure management accountability may not be effective. In this fascinating study, experts from around the world draw on the experience of the financial crisis to explore topical issues ranging from shareholder primacy and the corporate objective to the stakeholder principle, business ethics, and globalization of corporate governance principles. The chapters are provocative, acknowledging that our understanding of fundamental questions of corporate governance is still developing and demonstrating that the corporate governance debate is far from over. This informative book will appeal to researchers in corporate governance and corporate law including graduate students, policymakers, lawyers, accountants, and management consultants. Chambers of commerce and trade associations will also find much to interest them in this book.
Author: Gary Previts
Publisher: Elsevier
ISBN: 0080569692
Category : Business & Economics
Languages : en
Pages : 333
Get Book Here
Book Description
Research in Accounting Regulation
Author: David Larcker
Publisher: FT Press
ISBN: 0132367076
Category : Business & Economics
Languages : en
Pages : 497
Get Book Here
Book Description
Corporate Governance Matters gives corporate board members, officers, directors, and other stakeholders the full spectrum of knowledge they need to implement and sustain superior governance. Authored by two leading experts, this comprehensive reference thoroughly addresses every component of governance. The authors carefully synthesize current academic and professional research, summarizing what is known, what is unknown, and where the evidence remains inconclusive. Along the way, they illuminate many key topics overlooked in previous books on the subject. Coverage includes: International corporate governance. Compensation, equity ownership, incentives, and the labor market for CEOs. Optimal board structure, tradeoffs, and consequences. Governance, organizational strategy, business models, and risk management. Succession planning. Financial reporting and external audit. The market for corporate control. Roles of institutional and activist shareholders. Governance ratings. The authors offer models and frameworks demonstrating how the components of governance fit together, with concrete examples illustrating key points. Throughout, their balanced approach is focused strictly on two goals: to “get the story straight,” and to provide useful tools for making better, more informed decisions.
Author: Scott Green
Publisher: John Wiley & Sons
ISBN: 047175174X
Category : Business & Economics
Languages : en
Pages : 333
Get Book Here
Book Description
Sarbanes-Oxley and the Board of Directors is a practical, down-to-earth guide for board members. It covers everything from board basics to compliance with regulations, corporate culture and values to assessing and reacting to hostile shareholder activities. Complete with real-world examples, vignettes, case studies, and other information, this guide helps board members, CEOs, CFOs, and others understand their responsibilities and potential liabilities and implement effective corporate governance. It covers building a strong framework for effective governance, ways to protect board members, specific guidance for effective corporate oversight and communications, and more. Sarbanes-Oxley and the Board of Directors gives directors the knowledge, techniques, and tools to serve the company and its stockholders well.
Author: CFA Institute. Centre for Financial Market Integrity
Publisher:
ISBN: 9780935015997
Category : Corporate governance
Languages : en
Pages : 56
Get Book Here
Book Description
Author: Christine A. Mallin
Publisher: Edward Elgar Publishing
ISBN: 1784711799
Category : Business & Economics
Languages : en
Pages : 295
Get Book Here
Book Description
The global financial crisis has led to more and more focus on corporate governance and financial institutions. There has been much coverage in the media about various corporate governance related issues in banks and other financial institutions, such as executive directors' remuneration and bankers' bonuses, board composition and board diversity. This book, dedicated to the corporate governance of banks and other financial institutions, makes a timely and accessible contribution to the literature in this area. The contributors are experts in their field with in-depth knowledge of the various countries including Italy, the UK, Germany, the US, China, Japan, Brazil, Russia, Australia and Nigeria, plus a chapter on Islamic financial institutions, covered in this book. Overall, the engagingly written chapters highlight many of the shortcomings of corporate governance which have led to financial scandals, whilst indicating areas where corporate governance can be strengthened and improved. Adding depth and accessibility to existing corporate governance books, this Handbook is ideal as a teaching and learning tool for undergraduate and postgraduate students. For directors and the general business and wider stakeholder communities concerned with corporate governance, it is an essential resource. Contributors:C.L. Ahmadjian, K.-J. Chang, M.J. Conyon, F. Cuomo, H. Farag, L. He, H.-Y Liang, I. Love, C.A. Mallin, C. Ogbechie, B. Okhunjanov, G. Pearson, S. Prigge, R.F. Schiozer, O.K. Tam, P.R.S. Terra, A. Zattoni
