1,340 research outputs found
Innate and discretionary accruals quality and corporate governance
This paper extends previous research on the association between corporate governance mechanisms and accruals quality. We derive measures of the discretionary and innate components of accruals quality and regress them against corporate governance characteristics. For discretionary accruals, we find use of a Big 4 audit firm and a larger audit committee as the primary governance mechanisms associated with higher accruals quality. For innate accruals quality, we find that higher quality is associated with an independent board of directors, a larger, more independent and more active audit committee, and use of a Big 4 audit firm. Our findings suggest a stronger relation between sound governance mechanisms and innate accruals quality than discretionary accruals quality.Full Tex
The Feasibility of Remodeling
Each year buildings are remodeled which should have been razed and buildings are razed which could have been remodeled economically. It all adds up to wasted tax dollars
Ho-hum self-help book not so ho-hum
A book review of Therapy American Style: Person Power Through Self Help by Kenneth B. Mutheny and Richard J. Riordan
The human dimension in management
A book review of Causing Others to Want Your Leadership, by Robert L. DeBruyn
Commentary: Managers Must Lead
Simply stated, the superintendent is a manager and managers must lead
The use of internal audit by Australian companies
Purpose β The purpose of this study is to explore the voluntary use of internal audit by Australian publicly listed companies and to identify factors that lead listed companies to have an internal audit function. Design/methodology/approach β Drawing on the Institute of Internal Auditors' definition of internal auditing, the paper predicts that internal audit use is associated with factors related to risk management, strong internal controls and strong corporate governance. To test the predictions, the study combines data from a survey of listed companies with information from corporate annual reports. The paper also provides descriptive information on the use of internal audit. Findings β The results indicate that only one-third of the sample companies use internal audit. While size appears to be the dominant driver, there is also a strong association between internal audit and the level of commitment to risk management. However, the study finds only weak support for an association between the use of internal audit and strong corporate governance. Research limitations/implications β A limitation of our study is that some of the variables in the model may not be good proxies for the factors being measured. Refinement of the model and the variables used provides an opportunity for future research. Practical implications β The limited use of internal audit by Australian companies has important implications for sound corporate governance. Originality/value β This is the first study that identifies factors associated with the use of internal audit by Australian listed companies
Developing two-way communication
To produce and disseminate information is only half the responsibility
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