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on Accounting and Auditing |
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Issue of 2018‒12‒03
eighteen papers chosen by |
| By: | Black, Jonathan (Purdue University); Nilsson, Mattias (US Securities and Exchange Commission); Pinheiro, Roberto (Federal Reserve Bank of Cleveland); da Silva, Maximiliano (Federal University of ABC) |
| Abstract: | We examine the link between information produced by auditors and analysts and fraud duration. Using a hazard model, we analyze misstatement periods related to SEC accounting and auditing enforcement releases (AAERs) between 1982 and 2012. Results suggest that misconduct is more likely to end just after firms announce an auditor switch or issue audited financial statements, particularly when the audit report contains explanatory language. Analyst following increases the fraud termination hazard. However, increases (decreases) in analyst coverage have a negative (positive) marginal impact on the termination hazard, suggesting that analysts signal whistleblowers with their choice to add or drop coverage. Finally, our results suggest that misconduct lasts longer when it is well planned, more complex, or involves more accrual manipulation. Taken together, our findings are consistent with auditors and analysts playing a key informational role in fraud detection, while managerial effort to conceal misconduct significantly extends its duration. |
| Keywords: | Fraud duration; Information production; Fraud effort; Auditing; Hazard models; |
| JEL: | G34 G38 K22 K42 L51 M41 |
| Date: | 2018–06–27 |
| URL: | http://d.repec.org/n?u=RePEc:fip:fedcwq:161301&r=acc |
| By: | Coskun Cakar (GREGOR - Groupe de Recherche en Gestion des Organisations - UP1 - Université Panthéon-Sorbonne - Institut d'Administration des Entreprises (IAE) - Paris); Frédéric Gautier (CERAPS - Centre d'Etudes et de Recherches Administratives, Politiques et Sociales - Université de Lille - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | International Institute of Auditor's (IIA) professional standards provide authoritative and normative guidance to internal auditors who must apply a risk based approach. This research provides a qualitative analysis of how audit departments plan their activities in consistency with organizations' risks. Our conceptual framework is the society of audit of Power who developed the idea that audit is an active process of making things auditable. Our methodology relies upon individual interviews performed with 32 Chief Audit Executives of listed companies and a focus group session. Our results are twofold. First, we demonstrate a gap between the universe of risks and the universe of audit. Second, we provide a detailed description of how auditors are then addressing and making risks auditable. |
| Abstract: | L'Institut des Auditeurs Interne (IIA) a établi un cadre normatif qui fonde la pratique de l'audit interne sur les risques. Cette recherche fournit une analyse qualitative pour mieux comprendre comment les départements d'audit planifient leurs travaux en lien avec les risques au sein des organisations. Le cadre d'analyse est la théorie de la société de l'audit de Power qui développe l'idée que l'audit est un processus actif pour rendre les choses auditables. La méthodologie est fondée sur des entretiens individuels et collectifs avec 32 directeurs d'audit de sociétés cotées. Nos travaux démontrent l'existence d'un écart entre l'univers des risques et l'univers d'audit et fournissent une description détaillée des processus mis en œuvre par les auditeurs pour rendre les risques auditables. |
| Keywords: | internal audit,risk,auditability,internal control,governance,audit interne,risque,auditabilité,contrôle interne,gouvernance |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907515&r=acc |
| By: | Ahmed Atef Oussii (DEFI - ESSECT); Neila Taktak Boulila (DEFI - ESSECT) |
| Abstract: | This paper aims to test the impact of formal and informal interactions between audit committee (AC) and internal audit function (IAF) on the implementation of internal audit report recommendations. To do so, this study relies on a questionnaire survey of chief audit executives (CAEs) from Tunisian listed companies. Findings show that perceptions of implementing internal audit report recommendations are positively associated with auditor frequent meetings between the AC and internal auditors, the AC involvement in reviewing the internal audit program and processes, the AC involvement in the appointment of the CAE and informal meetings between AC chair and the CAE. |
| Abstract: | L'objectif de ce papier est d'analyser l'impact de ces interactions formelles et informelles entre la fonction d'audit interne et le comité d'audit sur la mise en œuvre des recommandations du rapport d'audit interne. Les tests portent sur 159 observations parmi les entreprises tunisiennes cotées (période 2013-2015). Les analyses multivariées montrent que la mise en œuvre des recommandations du rapport d'audit interne augmente avec l'ampleur de plusieurs formes d'interactions formelles et informelles entre le comité d'audit et la fonction d'audit interne. |
| Keywords: | Audit committee,internal audit function,internal audit report,formal and informal processes,Audit interne,comité d’audit,interactions formelles,échanges informelles,rapport d’audit interne |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907491&r=acc |
| By: | Jean-Noël Chauvey; Maxime José Chanhoun; Sena Ahyee (MRM - Montpellier Research in Management - UM1 - Université Montpellier 1 - UM3 - Université Paul-Valéry - Montpellier 3 - UM2 - Université Montpellier 2 - Sciences et Techniques - UPVD - Université de Perpignan Via Domitia - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School - UM - Université de Montpellier) |
| Abstract: | This research is an attempt to assess the quality of the arrangement of the public organizations auditing in Benin, regarding the challenges in this field. Indeed, the frequent changes in this auditing arrangement raise questions about its quality. Our research is theoretically grounded in DeAngelo (1981) contribution that analyzed auditing quality in terms of auditor competences and auditor independence. Through a survey with auditors in public administrations (103 respondants), we collected then some data related to auditors comptences and independence. These data show that globally beninese auditors seem to be competent and independent. Beyond, based on these results, it is important now to research on some other factors that impact the quality of public organizations auditing. |
| Abstract: | Dans le cadre de cette recherche, nous évaluons la qualité du dispositif d'audit des structures publiques du Bénin au regard des enjeux qui y sont attachés. En effet, les remises en cause permanentes des institutions d'audit suggèrent des interrogations sur leurs justifications. Pour ce faire, nous ancrons au plan théorique notre recherche sur les travaux de DeAngelo (1981) qui portent sur la compétence et l'indépendance des auditeurs. Par la suite, un questionnaire a été élaboré et administré aux auditeurs des structures publiques du Bénin. 103 réponses ont été obtenues. De leur exploitation, il apparaît que les auditeurs des structures publiques du Bénin semblent globalement compétents et indépendants, bien que des questionnements persistent. Ces conclusions intéressantes ouvrent de nombreuses perspectives de recherche en audit au Bénin et plus largement en Afrique. |
| Keywords: | Audit,Public Organizations,Compentence,Independence,Indépendance,Structures publiques,Compétence |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907571&r=acc |
| By: | Ines Maraghni (UM - Le Mans Université); Mehdi Nekhili (UM - Le Mans Université) |
| Abstract: | Our study aims to investigate the relationship between the characteristics of the audit committee and auditor remuneration. We examine the impact of statutory and demographic attributes on audit fees and non-audit services fees. We find significant negative association between the level of audit fees and audit committee independence. We also find a positive association between audit committee frequency meeting and the level of audit fees but we do not find a significant association between audit fees and audit committee expertise. However, this relationship is clearly complex and warrants further research. Our results also indicate that demographic attributes play a complementary role in enhancing the effectiveness of audit committee with respect to audit quality. |
| Abstract: | Notre étude se propose d'étudier la relation entre les caractéristiques du comité d'audit et les honoraires d'audit. En ce qui concerne les attributs statutaires, nos résultats montrent que la proportion de membres indépendants dans le comité d'audit a une incidence négative sur les honoraires d'audit. Nous trouvons que la diligence du comité d'audit est associée à des honoraires d'audit plus élevée. L'expertise des membres reste toutefois sans effets significatifs sur les honoraires d'audit. Par conséquent, nous ne pouvons valider ni l'hypothèse de substitution, ni l'hypothèse de complémentarité, entre les attributs statutaires des membres du comité d'audit et l'effort d'audit. A contrario, il semble exister une relation de substitution entre la diversité du comité d'audit et l'effort fourni par l'audit externe. |
| Keywords: | AUDIT COMMITTEES,AUDIT FEES,AUDIT QUALITY,STATUTORY ATTRIBUTES,DEMOGRAPHIC ATTRIBUTES,ATTRIBUTS DEMOGRAPHIQUES,COMITES D’AUDIT,HONORAIRES D’AUDIT,QUALITE DE L’AUDIT EXTERNE,ATTRIBUTSSTATUTAIRES |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907594&r=acc |
| By: | GUIRA AMOR (Université Mohammed Seddik Ben Yahya -Jijel) |
| Abstract: | The objective of this paper, is to highlight the reality of the audit expectation gap between auditors and beneficiaries of the audit services, in Algeria, and determinate the reasons of this phenomenon and its effects, in order to provide possible solutions to narrow this gap, because it?s final elimination is impossible. To achieve the objective of this research we refer to the literature research realized in this subject in some developed and developing countries, Extracting and analyzing their results, for to develop an integrated theoretical framework to understand and address this phenomenon. We also distributed two questionnaires survey to the both ends of the gap (auditors and users of audit services) to gather data, the data collected were analyzed using the SPSS program. As a result, we concluded that audit expectation gap exist strongly by its two components (reasonableness gap, performance gap) in Algeria. |
| Keywords: | audit, audit expectation gap, reasonableness gap, performance gap, Algeria. |
| JEL: | M42 |
| Date: | 2018–11 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:8109749&r=acc |
| By: | Annette Alstadsæter; Wojciech Kopczuk; Kjetil Telle (Statistics Norway) |
| Abstract: | In 2005, over 8% of Norwegian shareholders transferred their shares to new (legal) tax shelters intended to defer taxation of capital gains and dividends that would otherwise be taxable in the aftermath of 2006 reform. Using detailed administrative data we identify family networks and describe how take up of tax avoidance progresses within a network. A feature of the reform was that the ability to set up a tax shelter changed discontinuously with individual shareholding of a firm and we use this fact to estimate the causal effect of availability of tax avoidance for a taxpayer on tax avoidance by others in the network. We find that take up in a social network increases the likelihood that others will take up. This suggests that taxpayers affect each other's decisions about tax avoidance, highlighting the importance of accounting for social interactions in understanding enforcement and tax avoidance behavior, and providing a concrete example of “optimization frictions” in the context of behavioral responses to taxation. |
| Keywords: | Tax avoidance; social interaction; networks |
| JEL: | H26 H25 H32 L14 |
| Date: | 2018–10 |
| URL: | http://d.repec.org/n?u=RePEc:ssb:dispap:886&r=acc |
| By: | Wian Boonzaaier; Jarkko Harju; Tuomas Matikka; Jukka Pirttilä |
| Abstract: | We study the responsiveness of small and medium-sized firms to a small-business corporate income tax schedule using population-wide administrative data from South Africa. We find sizeable bunching of firms at the corporate income thresholds where the corporate tax rate increases, implying active responses to corporate income taxes. The observed bunching is very sharp, and reacts immediately to changes in the location of the kink points. These observations suggest that a sizeable part of the response is driven by reporting responses rather than real economic behavior. We find indicative evidence that reporting behavior is linked to underreporting of sales and legal tax-planning activities. |
| Keywords: | corporate taxation, small firms, emerging economies, bunching |
| JEL: | H21 H25 H32 O12 |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:ces:ceswps:_7277&r=acc |
| By: | Can ÖztÜrk (Çankaya University) |
| Abstract: | This research focuses on the financial reporting standards for non-publicly accountable entities. In this context, the draft financial reporting standard of Turkey compared with the financial reporting standard of the United Kingdom (FRS 102) in terms of the essential accounting policies. The findings of the research indicate that these two financial reporting standards are under the influence of the directive of the European Union (2013/34); however, financial reporting standard of Turkey is not in compliance with the international practice on important accounting policies (revenue recognition, and borrowing costs) compared to the financial reporting standard of the United Kingdom and it is conservative. |
| Abstract: | Cette recherche dépende des normes d'information financière pour les entités qui n'ont pas de responsabilité publique. Dans ce contexte, l'exposé-sondage de la norme d'information financière de la Turquie a été comparée avec la norme d'information financière du Royaume-Uni (FRS 102) au point de vue des méthodes comptables essentielles. Les constats de cette recherche montrent que tous les deux règlements sont sous l'influence de la directive de l'Union Européenne (2013/34) mais la norme d'information financière de la Turquie n'est pas conforme à la pratique internationale sur les méthodes comptables importantes (la comptabilisation du produit des ventes et des coûts d'emprunts) en comparaison avec la norme d'information financière du Royaume-Uni et elle est conservative. |
| Keywords: | financial reporting standard,public accountability,Turkey,United Kingdom,norme d’information financière,responsabilité publique,Turquie,Royaume-Uni |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907606&r=acc |
| By: | Hélène De Brebisson (IÉSEG School Of Management [Puteaux]) |
| Abstract: | In the context of European harmonization of accounting rules which was restarted with the adoption of Directive 2013/34, the French accounting treatment of finance leases is hardly justified. This paper reviews accounting, financial, fiscal and legal rules over leases to underline the anomaly represented by article 212-5 in French Chart of Account (PCG), which is the latest text to understand leases as a rental contract. This study aims at contributing to improving French normative environment coherence on this specific issue. |
| Abstract: | Dans un contexte d'harmonisation européenne des règles comptables relancé par l'adoption de la Directive 2013/34, le traitement comptable réservé en France au crédit-bail peine à se justifier. L'article fait le point sur le traitement comptable, financier, fiscal et légal de ces contrats pour mettre en évidence l'anomalie que représente l'article 212-5 du PCG, dernier texte à comprendre le crédit-bail comme un contrat de location. Cette étude vise à contribuer à l'amélioration et à la mise en cohérence du cadre réglementaire français sur ce sujet. |
| Keywords: | substance over form,accounting rules,patrimony,leases,crédit-bail,substance,droit comptable,patrimoine |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907580&r=acc |
| By: | Inès Gaddour (DRM - Dauphine Recherches en Management - Université Paris-Dauphine - CNRS - Centre National de la Recherche Scientifique); Jean-François Casta (DRM - Dauphine Recherches en Management - Université Paris-Dauphine - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | This study develops and empirically tests an explanatory model in order to study the dysfunctional behaviors of financial auditors in France. it proposes extending the scope of the determinants in a relational and managerial perspective. To this end, this research mobilizes mainly Leader-Member Exchange theory (LMX), but also the role modeling and the assessment style of auditors performance. The results show that the three dimensions of Leader Member-Exchange (LMX), namely affection, loyalty and contribution have a negative and significant impact on the adaptive behaviors (respectively unprofessional behaviors : CNP, mismanagement of the audit team : MGE and Quality-Threatening Behavior : QTB). Also, results highlight under the effect of mimetic, managerial behaviors adopted by a superior have been shown to reduce the MGE, but also QTB and CNP. In addition, it was revealed that a favorable perception of organizational support and an evaluation focused on social criteria result in less QTB and MGE respectively. |
| Abstract: | Cette étude développe et teste empiriquement un modèle explicatif des comportements dysfonctionnels des auditeurs financiers en France. Elle propose d'étendre le périmètre des déterminants sous un angle relationnel et managérial. À cette fin, cette recherche mobilise principalement l'approche de la relation supérieur - subordonné (LMX), mais aussi le role modeling et le style d'évaluation de la performance des auditeurs. Les analyses soulignent que les trois dimensions du LMX, à savoir affection, loyauté et contribution ont un impact négatif et significatif sur les comportements dysfonctionnels (respectivement comportements non professionnels : CNP, mauvaise gestion de l'équipe d'audit : MGE et comportements réducteurs de qualité : QTB). En outre, les résultats mettent en lumière que, sous l'effet de mimétisme, les comportements managériaux adoptés par un supérieur réduisent le MGE, le QTB et le CNP. De plus, il a été observé qu'une perception favorable du soutien organisationnel et une évaluation axée sur des critères sociaux entraînent respectivement moins de QTB et de MGE. |
| Keywords: | Statutory audit,Audit quality,Dysfunctional behaviors,Audit teams management,LMX Theory,Audit légal,Qualité de l’audit,Comportements dysfonctionnels,Management des équipes d'audit,Théorie du LMX |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907423&r=acc |
| By: | Jacques Moreau (VALLOREM - Val de Loire Recherche en Management - Université de Tours - UO - Université d'Orléans) |
| Abstract: | The persistence of a discrepancy between the audit performance expected by the users of the financial statements and that perceived by the auditors led to the establishment of the "justification of assessments" (JOA) of the auditor in France (2003) and similar practices at an international level. After a review of the literature, we carry out a work of content analysis of JOA in the French context. Our literature review leads us to reconsider the links between audit transparency and audit quality, as well as to question the modeling of the information content of an audit report. We seek, through our empirical work, to propose research tracks and methodological tools for modeling the information content of the JOA. |
| Abstract: | La persistance d'un écart entre la performance d'audit attendue par les utilisateurs des états financiers et celle perçue par les auditeurs a conduit à la mise en place de la justification des appréciations (JA) du commissaire aux comptes en France (2003) et de pratiques similaires au niveau international. Après une revue de littérature, nous réalisons un travail d'analyse de contenu des JA dans le contexte français. Notre revue de littérature nous amène à reconsidérer les liens entre transparence de l'audit et qualité de l'audit, ainsi qu'à interroger la modélisation du contenu informationnel d'un rapport d'audit. Nous cherchons, par nos travaux empiriques, à proposer des pistes de recherche et des outils méthodologiques de modélisation du contenu informationnel des JA. |
| Keywords: | Expectation gap,Audit Quality,Key and Critical Audit Matters,Audit report,Qualité d’audit,Justification des Appréciations,Rapport d’audit |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907497&r=acc |
| By: | Yann-Cédric Armel Vangah (UFHB - Université Félix Houphouët-Boigny) |
| Abstract: | The objective of This article is to understand the reasons which urge the Ivory Coast companies to practice the creative accounting. By means of a qualitative approach focused on the interviews, it seems that the main reason is the minimization of the tax. Furthermore, companies are taken to practice the creative accounting to obtain bank loans, to face the competition and to meet the requirements of group. |
| Abstract: | L'objectif de cet article est de comprendre les raisons qui poussent les entreprises ivoiriennes à pratiquer la comptabilité créative. Par le biais d'une approche qualitative focalisée sur les interviews, il semble que la principale raison est la minimisation de l'impôt. De plus, les entreprises sont emmenées à pratiquer la comptabilité créative pour obtenir des prêts bancaires, pour faire face à la concurrence et de répondre aux exigences de groupe. |
| Keywords: | creative Accounting,semi-directive Interview,qualitative Approach,Comptabilité créative,Entretien semi-directif,approche qualitative |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907530&r=acc |
| By: | Issam Benhayoun (E.N.C.G - Ecole nationale de commerce et de gestion - Ecole nationale de commerce et de gestion); M. Marghich Abdellatif (E.N.C.G - Ecole nationale de commerce et de gestion - Ecole nationale de commerce et de gestion) |
| Abstract: | Since its issue in 2009, the IFRS for SMEs have been studied by many researchers. Each one of them performed his research according to a precise perspective and varied methodologies. The goal behind this article is to present a Structured Literature Review of the most relevant publications (Citation Classics) of the IFRS for SMEs by studying their impact, as well as their contributions, critique and future research path. |
| Keywords: | Impact analysis,IFRS for SMEs,Structured literature review,Citation classics |
| Date: | 2017–10–10 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01910461&r=acc |
| By: | Diéne Mohamed Kamara (Université Paris-Dauphine) |
| Abstract: | Through Earnings management practice applied to the banking industry, several studies have shown existence of capital adequacy ratio management. However, they are mainly focused mainly on loss loan provision manipulation's. This paper deals with the possibilities of banking industry to manage the prudential ratio via the regulatory adjustments. Such adjustments are based on accounting equities. They are composed of conventional adjustments and prudential filters induced by the application of IFRS. Adopting diachronic and instrumental approaches, the study is based on a sample of European banks and uses regression methods by panel data. The results obtained confirm the possibilities of manipulation of the Prudential ratio. |
| Abstract: | Plusieurs études ont montré l'existence de la gestion opportuniste du ratio de solvabilité à travers les pratiques de « Earning Management ». Toutefois, elles se sont focalisées pour l'essentiel sur la manipulation des provisions. Cette étude examine la gestion opportuniste du ratio prudentiel bancaire via les ajustements réglementaires opérés sur les fonds propres. Ceux-ci sont composés d'ajustements classiques et de filtres prudentiels induits par l'application des IFRS. Adoptant une démarche diachronique et une approche instrumentale, l'étude se base sur un échantillon de banques européennes et utilise des méthodes de régression par données de panel. Les résultats obtenus confirment des possibilités de manipulation du ratio prudentiel. |
| Keywords: | Earnings Mangement,Ratio de solvabilité,Bâle 2,Ajustements réglementaires,IFRS |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907414&r=acc |
| By: | Frédéric Pourtier (CRECCI - Centre de Recherche en Contrôle et Comptabilité Internationale - Université Montesquieu - Bordeaux 4) |
| Abstract: | This work is an overview of a little-known and controversial subject: the Equity Method. It proposes a summary of its history and numerous algebraic variants, and accounting and financial research on the subject. We go back over its history from the early stages of consolidation in the early 20th century until the present day, and we underline its relic-‐ method nature in certain respects. It covers no less than six variants identified by this work depending on standards and countries, depending on whether it is applied to non-‐consolidated or consolidated accounts, and depending on the period. This algebraic variety places it between the Cost Method and the real consolidation methods, the Proportionate Method and Full Consolidation. It is a method suspected of fostering earnings and debt management, so most of the research on this subject is presented in this work, notably in the context of the positive accounting theory. But research work on this subject is limited in volume and irregularly distributed in time and space. We then show that recent regulatory changes in Europe (IFRS 11 and the amendment of IAS 27) and the relative scarcity of research, which is mostly British and American, open up numerous areas of research in light of the many issues which have either not yet been considered or have found no answer in the renewal of the regulatory environment. |
| Abstract: | Ce travail fait un état des lieux sur un sujet méconnu et controversé : la Equity Method. Il propose une synthèse à la fois de son histoire, de ses nombreuses variantes algébriques, et des recherches comptables ou financières qui l'ont abordée. Nous retraçons son parcours des prémices de la consolidation au début du 20ème siècle jusqu'à aujourd'hui et, soulignons son caractère vestigiale (relic-‐method) par certains aspects. Elle ne couvre pas moins de six variantes recensées par ce travail selon les normes et pays, selon qu'elle est appliquée dans les comptes sociaux ou consolidés, ou selon les époques. Cette variété algébrique la place entre la Cost Method et les vraies méthodes de consolidation, Proportionate Method et Full Consolidation. C'est une méthode suspectée de favoriser la gestion des résultats et de la dette, aussi l'essentiel des recherches sur ce sujet est présenté dans ce travail, notamment dans le cadre de la théorie positive comptable. Mais les travaux qui l'ont étudiée sont limités en nombre et irrégulièrement répartis dans le temps et dans l'espace. Nous montrons alors que l'évolution réglementaire récente en Europe (IFRS 11 et amendement de l'IAS 27) et la relative rareté des recherches, essentiellement anglo-‐saxonnes, ouvrent de nombreux axes de recherche à la lumière des multiples questions qui, soit n'ont pas encore été envisagées, soit n'ont pas trouvé de réponse dans le renouveau des contextes réglementaires. |
| Keywords: | Equity method,scope management,earnings management,debt management,positive accounting,Mise en équivalence,gestion du périmètre,gestion du résultat,gestion de la dette,théorie positive |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907503&r=acc |
| By: | Claire Garnier (GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC - HEC Paris - Ecole des Hautes Etudes Commerciales - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | So far, literature has sought to describe and explain the advancement of auditors as a progression to the top of the pyramid, the climax in an auditor's career: co-option as a partner. By adopting an interactionist perspective, the longitudinal and micro-sociological concept of career enables us to consider promotion-to-partnership as a process that began the very first working day, and continues throughout the individual's career inside the firm. We demonstrate that invisible promotion networks, compared to "racing stables" informally organize the top-down structure of hierarchy inside Big 4 Firms, and play a critical but overlooked role before, during and after co-option as a partner. |
| Abstract: | Jusqu'à présent, la littérature a cherché à décrire et expliquer la carrière des auditeurs comme un mouvement vers le haut de la pyramide, jusqu'à l'association, présentée comme un aboutissement de parcours. En inscrivant le processus de cooptation dans une perspective interactionniste, le concept longitudinal et microsociologique de carrière nous permet de considérer la promotion à l'association comme un processus entamé dès l'embauche et qui se poursuit tout au long du parcours de l'individu dans le cabinet. Nous montrons que l'accession à l'association s'organise autour de réseaux informels de promotion, comparées à des Écuries de formule 1, qui structurent de manière informelle la hiérarchie pyramidale des cabinets et jouent un rôle avant, pendant et après le passage à l'association. |
| Keywords: | audit,partner,informal promotion network,careers,symbolic interactionism,associé,réseaux informels de promotion,carrières,interactionnisme symbolique |
| Date: | 2017–05–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01907518&r=acc |
| By: | Leana Esterhuyse (University of South Africa) |
| Abstract: | This paper aims to determine whether natural resources companies have better investor relations practices than companies in other industries, and secondly, whether classification as a natural resources company is a significant predictor of the quality of companies? investor relations practices. The companies under investigation are listed on the Johannesburg Stock Exchange (JSE) of South Africa. Output from natural resources companies is a significant contributor of GDP in South Africa, an emerging and developing economy. In order to attract foreign investors, improve stock pricing and trading liquidity, South African companies need to signal to the capital market at the level that they are used to from companies in developed economies. Communications with the capital market is proxied by investor relations activities on the companies? websites. I find that on average, natural resources companies have significantly better IR practices than companies in other industries. However, in the multivariate model, being a natural resource company is a weak and insignificant predictor of online investor relations quality. Results indicate that larger companies that were listed more recently, had a Big 4 Auditor and were listed on multiple exchanges had significantly better online investor relations practices. From a policy point of view, investor relations officers at natural resources companies can still do more to improve their capital market communication practices to reap the full benefits from increased transparency, especially in the face of political uncertainty and declining or stagnant commodity prices. This study contributes to the theories on signalling and legitimacy by testing its application to natural resource companies in a sub-Saharan country. |
| Keywords: | Natural resources, South Africa, investor relations, transparency |
| JEL: | D82 O16 Q32 |
| Date: | 2018–06 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iefpro:7108483&r=acc |