Abstract We examine the impact of COVID‐19 on changes in firm value, and moderating role firm‐level sustainability performance this relationship. find that firms domiciled countries where is more devastating experienced greater decline value. The negative value less pronounced for with better performance. Firms higher levels environmental‐ stakeholder‐value‐oriented culture from COVID‐19. Findings suggest a firm’s stakeholder‐value orientation contributes to preserving when general...

Abstract This paper empirically examines the level of compliance with disclosure requirements mandated by 14 national accounting standards for a large sample companies within three major countries in South Asia, namely India, Pakistan and Bangladesh, evaluates corporate attributes which influence degree these standards. Using scoring system to develop total index (TCI) each company, results indicate significant variation levels across different Compliance are found be positively related...

Abstract We examine whether the presence of female board members has any impact on cost debt among Australian listed companies. find that is negatively associated with debt. Most importantly, our findings support argument critical mass theory a certain threshold gender balance required for enhancing effectiveness. Our results are valid irrespective alternate model specifications and endogeneity issues. Overall, provide to ASX Corporate Governance Principles Recommendation appointment...

Purpose This study aims to examine the relationship between presence of a Malay director on board and financial statement fraud in Malaysia. Further, authors investigate whether firms improve their governance mechanisms compared non-fraud subsequent year. Design/methodology/approach The use hand-collected data comprising 76 over period eight years from 2001 2008. Findings Using univariate logistic regression model, results demonstrate significant positive proportion directors fraud. also...

Purpose We examine whether the fraud firms are engaged in real earnings management and accrual prior to year Malaysian context. Design/methodology/approach Our sample comprises of 65 financial statement non-fraud over a period eight years from 2001 2008. Findings Using abnormal cash flow operations (CFO) production costs as proxies for management, we find that engage manipulating during preceding two event. However, our results show CFO Additionally, prefer manipulate using accruals relative...

We study product market competition's influence on annual report readability. As competition increases in an industry, our findings show that firms reduce the readability of their reports. further document impact is stronger for research and development (R&D)-intensive firms, have a higher level trade secrecy (i.e. proprietary information), with levels CEO performance-based incentives. Overall, highlight importance cost effect

We examine the impact of institutional ownership on earnings quality in China. have employed two proxies quality: discretionary accruals and real management. Using 19,743 firm-year observations from 2009 to 2017, we find that firms with higher are more likely display lower lesser activities manipulation. Our results robust after controlling for endogeneity.

Purpose The purpose of this study is to examine whether the level voluntary disclosure affects firm value in Chinese capital market. It also investigates and values firms are influenced by global financial crisis (GFC). Design/methodology/approach used a sample 714 firm‐year annual reports listed companies on Shanghai Shenzhen Stock Exchanges over period five years from 2005 2009 adopt two‐stage OLS (2SLS) procedure. Findings found that extent has improved China during studied. multiple...

Purpose The study examines whether corporate governance moderates the relationship between CEO compensation and earnings management. Design/methodology/approach uses 1,800 firm-year observations from 2005 to 2010 employ multiple regression analyses other sensitivity tests. Findings finds a positive study’s results also suggest that bonus increases in relation management therefore infers managers may become involved increase their compensation. However, is moderated by strong system which...

Abstract This paper investigates the impact of privatisation on extent corporate voluntary disclosure in Jordan.We conduct a longitudinal examination using 243 annual reports 27 privatised firms Jordan over period nine years from 1996 to 2004. Employing univariate and pooled regression models our results show that is positively associated with disclosure. Specifically, we find accounting regulation reforms foreign investments accompanying have significant levels Jordan. Our study provides...

We examine the relationship between board of directors' good governance characteristics and going concern problems 56 companies listed on Bursa Malaysia in 2004 with without problems. Characteristics corporate included this study are composition independent directors, CEO duality, management equity ownership, institutional investor ownership. The use audit opinion to measure company financial performance enhances accuracy measurements previously employed. Findings indicate that practice...

Purpose The purpose of this study is to examine the impact audit committee effectiveness on fees and non-audit service (NAS) in a less regulatory environment. Design/methodology/approach authors construct composite measure incorporating independence, diligence, size, financial expertise chairperson’s accounting expertise. Findings find that has positive significant both NAS fees. This suggests effective committees can hold auditors accountable resulting better quality consequently higher...

Purpose This paper aims to examine the effects of global financial crisis (GFC) on chief executive officers’ (CEO) compensation and earnings management relationship. Specifically, authors whether recent had moderated relationship between CEO bonus discretionary accruals. Design/methodology/approach The use panel data for 1,800 firm-year observations (over a period six years from 2005 2010) univariate multivariate tests test their hypothesis. divide into pre-crisis, during-crisis post-crisis...