.png){kind=icon}
返回
Does Internal Audit Function Quality Deter Management Misconduct?
.png){kind=icon}
OA
AI
DOI：10.2308/accr-50871.png)
.png){kind=icon}
.png){kind=icon}
分享.png){kind=icon}
收藏
摘要
En 中文
Standard-setters believe high-quality internal audit functions (IAFs) serve as a key resource to audit committees for monitoring senior management. However, regulators do not enforce IAF quality or require disclosures relating to IAF quality, which is in stark contrast to regulatory requirements placed on boards, audit committees, and external auditors. Using proprietary data, I find that a composite measure of IAF quality is negatively associated with the likelihood of management misconduct even after controlling for board, audit committee, and external auditor quality. This result is robust to a variety of other specifications, including controlling for internal control quality and separate estimation during the pre- and post-SOX time periods. A difference-indifferences analysis indicates that misconduct firms have low IAF quality and competence during misconduct years and improve IAF quality and competence in the post-misconduct years. These findings suggest that regulators, audit committees, and other stakeholders should consider ways to improve IAF quality.
Keyword:
internal audit function
internal audit quality
management misconduct
corporate governance
AI总结
对已上传原文的论文进行重点信息的提取，主要内容包括：简要概述、研究摘要、背景介绍、关键亮点、图文解析、展望与总结。
期刊
IF:
4.4
论文数:
2.4K
被引数:
2.0W
机构
暂无机构信息
引用论文
The Effect of Using the Internal Audit Function as a Management Training Ground on the External Auditor's Reliance Decision.png)
ACCOUNTING REVIEW
ACCOUNTING REVIEWIF4.4
PREAI
分享收藏The Association Between Accruals Quality and the Characteristics of Accounting Experts and Mix of Expertise on Audit Committees应计质量与会计专家特征和审计委员会专业知识组合之间的关联
PREAI
分享收藏
查看更多内容