Corporate Governance and Its Association with Audit Opinion: The Case of Greece

2021 ◽  
pp. 357-378
Author(s):  
Georgia Boskou ◽  
Maria Tsipouridou ◽  
Charalambos Spathis
Keyword(s):  
Corporate Governance ◽  
Audit Opinion ◽  
Of Greece

Mandatory Corporate Governance Rules and Auditor Behavior: The Case of Greece

2019 ◽  
Vol 54 (04) ◽  
pp. 1950015
Author(s):  
Konstantina Michalopoulou
Keyword(s):  
Corporate Governance ◽  
Risk Premium ◽  
Audit Quality ◽  
Audit Fees ◽  
Business Risk ◽  
Audit Opinion ◽  
Quality Audit ◽  
Audit Fee ◽  
The Impact ◽  
Of Greece

This study examines the impact of the first mandatory corporate governance regulation in the Greek environment on audit quality. Audit quality is operationalized with the number of audit qualifications, the monetary amount of audit qualifications, audit hours, and audit fees. It also utilizes the full content of the Greek audit report and constructs new audit quality proxies while it is the first that examines the association between corporate governance and actual audit hours. The findings suggest that following the implementation of the new regulation, auditors became more independent during the audit opinion process. Furthermore, the audit fee increases without audit hours showing a respective increase. It is concluded that the audit fee increase does not reflect differentiation in the delivered audit quality, as auditors do not exert more audit effort. The audit fee increase could reflect a risk premium due to the increase in auditors’ perceived business risk as a result of the increased spending and additional liability of listed companies under the new regulation.

Evaluating corporate governance and identifying its formulating factors: the case of Greece

2011 ◽  
Vol 11 (2) ◽  
pp. 136-148 ◽  
Author(s):  
Themistokles Lazarides ◽  
Evaggelos Drimpetas
Keyword(s):  
Corporate Governance ◽  
Of Greece

Fraudulent Financial Reporting: An Application of Fraud Pentagon Theory to Association of Southeast Asian Nations Corporate Governance Scorecard

2019 ◽  
Vol 9 (5) ◽  
pp. 1729 ◽  
Author(s):  
Imang Dapit PAMUNGKAS ◽  
St. Dwiarso UTOMO
Keyword(s):  
Corporate Governance ◽  
Financial Reporting ◽  
Financial Stability ◽  
Sampling Technique ◽  
External Pressure ◽  
Managerial Ownership ◽  
Fraudulent Financial Reporting ◽  
Audit Opinion ◽  
Opinion Change ◽  
Insignificant Effect

This study aims to detect and examine fraudulent financial reporting by applying fraud pentagon theory to all companies implementing the Association of Southeast Asian Nations (ASEAN) Corporate Governance Scorecard in Indonesia. This study has the following objectives: to examine and analyze the effect of financial stability, external pressure, financial target, nature of industry, audit opinion, change of directors, managerial ownership against fraudulent financial reporting. In this research, we use correlation research type. The population of this sample is all sectors of companies listed on the Indonesia Stock Exchange. Using sampling technique in the form of Purposive Sampling Technique applying ASEAN Corporate Governance Scorecard in Indonesia with research period of 2012 to 2016, which produce 30 samples, multiple linear regression analysis using SPSS version 22. The results of this study found that financial stability, managerial ownership has a negative and insignificant effect on fraudulent financial reporting. External pressure, nature of industry has a negative and significant effect on fraudulent financial reporting. Financial Target, Audit Opinion, Change of Directors has a positive and insignificant effect on Fraudulent Financial Reporting.

scholarly journals Corporate Governance and Modified Audit Opinion: Evidence from State Owned Enterprises in Kenya

2020 ◽  
Vol 6 (4) ◽  
pp. 96-110
Author(s):  
Mongeri Oruke ◽  
Cyrus Iraya ◽  
Luther Otieno Odhiambo ◽  
Nixon Oluoch Omoro
Keyword(s):  
Corporate Governance ◽  
Audit Opinion

scholarly journals The associations of board of directors’ characteristics with modified audit opinion

AD-minister ◽  
2020 ◽  
pp. 5-34
Author(s):  
Waddah Kamal Hassan Omer ◽  
Khaled Salmen Aljaaidi ◽  
Mohd ‘Atef Md Yusof ◽  
Mohamad Hisyam Selamat
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Financial Reporting ◽  
Critical Role ◽  
Cross Sectional ◽  
Audit Opinion ◽  
Good Corporate Governance ◽  
Financial Expertise ◽  
The Board Of Directors

The aim of this study is to investigate the association between the characteristics of the board of directors and the likelihood that a company receives a modified audit opinion (as a measure of the quality of companies external financial reporting) in Malaysia. To test our hypotheses, we use the pooled cross-sectional logistic regression analysis for 136 firm-year observations listed on Bursa Malaysia over the period 2009-2011.The evidence we uncover is consistent with the hypotheses that companies with large board size and greater financial expertise of the board of directors are less possible to receive a modified audit opinion. The evidence offers by this study reinforces the listing rules of the Malaysian-Corporate-Governance Code and the requirements of the Bursa Malaysia Corporate-Governance-Guide, which consider the significance of the board of directors as an aspect of good corporate governance to its critical role in the Malaysian financial reporting process.

The Use of Internet as a Mean for Promoting Disclosure and Corporate Governance: The Case of Greece

2009 ◽  
Author(s):  
Themistokles G. Lazarides ◽  
Evaggelos Drimpetas ◽  
Ioannis Antoniadis ◽  
Ioanna Georgouvia
Keyword(s):  
Corporate Governance ◽  
Use Of Internet ◽  
Of Greece

scholarly journals The Mediating Effects of Corporate Governance on the Relationship Between Opinion Audit and Audit Delay: A Study on Mining Companies Listed on IDX Period 2017 - 2018

2020 ◽  
Vol 5 (2) ◽  
pp. 67-73
Author(s):  
Sisobadodo Zendrato ◽  
Francis Hutabarat
Keyword(s):  
Corporate Governance ◽  
Annual Report ◽  
Mediating Effects ◽  
Audit Opinion ◽  
Mining Companies ◽  
The Relationship

Penelitian ini dipilih karena memiliki urgensi dan tujuan tertentu yaitu untuk mengetahui bahwa adanya efek mediasi corporate governance pada hubungan antara opini audit terdapat pengaruh terhadap audit delay. Audit delay merupakan terlambatnya di publikasikan laporan keuangan tahunan yang telah selesai di periksa oleh orang auditor sehingga auditor memberikan pendapat atau opini yang dapat di publikasi. Pengujian yang dilakukan menggunakan langkah  pengambilan informasi dipakai ialah informasi dokumentasi yang diperoleh lewat situs antaralain www.idx.co.id. Pengujian yang dilaksanakan dengan cara mengamati laporan keuangan perusahaan pertambangan untuk mendapatkan data keseluruhan yang dibutuhkan dalam mengukur efek mediasi dari tata kelola perusahaan, opini audit dan delay suatu publikasi audit. Hasil uji penelitian yang sudah selesai dilaksanakan menunjukkan hasil statistic descriptive pada penelitian ini terkait karakteristik variable dalam penelitian. Terkait profitabilitas, didapati Audit Delay memiliki rata-rata 65.5 hari yang berada didalam masa 90 hari publikasi laporan audit perusahaan pada Bursa Efek Indonesia. Hal lain yang didapati adalah terkait variable independen, yaitu rata-rata nilai Opini Audit adalah 0.22 menandakan sebagian besar laporan audit memiliki pernyataan Qualified. Terkait tata kelola perusahaan pada proxy keseimbangan antara Dewan Komisaris Independen yang didapati bahwa /ukuran rata-rata PDKI adalah 35.89% yang berada diatas standard 30%. Dengan demikian hasil descriptive statistic menunjukkan secara rata-rata pelaksanaan audit delay, opinion audit dan corporate governance berada sesuai standard yang berlaku. Dengan hasil uji yang telah dilakukan juga, bahwa didapati tidak ada pengaruh Opini audit terhadap Audit delay sedangkan dengan adanya mediasi tata kelola atau disebut juga sebagai Corporate Governance terhadap Audit delay bahwa didapati pengaruh yang significant. Dengan demikian keberadaan Corporate Governance sepenuhnya memediasi pengaruh Audit Opinion terhadap Audit Delay. Penelitian ini memiliki tujuan yaitu untuk mengetahui efek mediasi dari tata kelola perusahaan pada hubungan antara audit opini dan delay audit pada usaha tambang yang termasuk golongan di BEI tahun 2017-2018. Pengujian ini memakai data sekunder berupa annual report atau laporan tahunan  dari usaha tambang yang terdaftar di BEI selama 2 tahun. Sampel sejumlah 9 perusahaan dari perusahaan tambang tercatat pada Bursa Efek pada orde 2017-2018. Sistem pemutusan contoh yang dipakai ialah Sampel Purposive.

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