Examining Climate and Culture in Audit Firms: Insights, Practice Implications, and Future Research Directions

2020 ◽  
Vol 39 (4) ◽  
pp. 1-29
Author(s):  
Lindsay M. Andiola ◽  
Denise Hanes Downey ◽  
Kimberly D. Westermann
Keyword(s):  
Organizational Climate ◽  
Audit Quality ◽  
Organizational Control ◽  
Future Research ◽  
Research Directions ◽  
Audit Firm ◽  
The Public ◽  
For Profit ◽  
Audit Firms ◽  
Future Research Directions

SUMMARY This paper synthesizes research related to audit firm climate and culture. Organizational climate and culture are important to any organization but are particularly important in auditing because of the unique tension among being a regulated profession, a for-profit organization, and performing independent audits on behalf of the public interest. This paper's objectives include introducing the constructs of organizational climate and culture and their application to audit research, reviewing the audit literature to synthesize climate and culture findings, and suggesting future research opportunities. We find that the audit literature on firm climate and culture is vast but fragmented. We identify and discuss seven climate and culture themes (organizational control, leadership, ethical, regulatory, professionalism, commercialism, and socialization) rooted within audit firms and studied by audit academics. Beyond informing academics, our paper has implications for audit practitioners and regulators as they seek to manage auditors' behavior and audit quality through quality control initiatives.

Leaving a joint audit system: conditional fee reductions

2014 ◽  
Vol 29 (2) ◽  
pp. 131-152 ◽  
Author(s):  
Claus Holm ◽  
Frank Thinggaard
Keyword(s):  
Audit Quality ◽  
Theory Development ◽  
Future Research ◽  
Research Approach ◽  
Content Type ◽  
Audit Firm ◽  
Audit System ◽  
Interaction Terms ◽  
Audit Firms ◽  
Audit Fee

Purpose – The authors aim to exploit a natural experiment in which voluntary replace mandatory joint audits for Danish listed companies and analyse audit fee implications of using one or two audit firms. Design/methodology/approach – Regression analysis is used. The authors apply both a core audit fee determinants model and an audit fee change model and include interaction terms. Findings – The authors find short-term fee reductions in companies switching to single audits, but only where the former joint audit contained a dominant auditor. The authors argue that in this situation bargaining power is more with the auditors than in an equally shared joint audit, and that the auditors' incentives to offer an initial fee discount are bigger. Research limitations/implications – The number of observations is constrained by the small Danish capital market. Future research could take a more qualitative research approach, to examine whether the use of a single audit firm rather than two has an effect on audit quality. The area calls for further theory development covering audit fee and audit quality in joint audit settings. Practical implications – Companies should consider their relationship with their auditors before deciding to switch to single auditors. Fee discounts do not seem to reflect long-lasting efficiency gains on the part of the audit firm. Originality/value – Denmark is the first country to leave a mandatory joint audit system, so this is the first time that it is possible to study fee effects related to this.

Perceived Organizational Climate and the Process of Salesperson Motivation

1982 ◽  
Vol 19 (2) ◽  
pp. 240-254 ◽  
Author(s):  
Pradeep K. Tyagi
Keyword(s):  
Organizational Climate ◽  
Extrinsic Motivation ◽  
Future Research ◽  
Research Directions ◽  
Intrinsic And Extrinsic Motivation ◽  
Managerial Implications ◽  
Future Research Directions ◽  
Valence Theory ◽  
Theory Of Motivation

The author examines how organizational climate contributes to salespersons’ intrinsic and extrinsic motivation to perform. On the basis of expectancy-valence theory of motivation, specific relationships between organizational climate and motivational components are tested using a sample of insurance salespersons. Managerial implications and future research directions are discussed.

scholarly journals Microfinance governance: a systematic review and future research directions

2020 ◽  
Vol 47 (7) ◽  
pp. 1811-1847
Author(s):  
Md. Ali Rasel ◽  
Sandar Win
Keyword(s):  
Systematic Review ◽  
Audit Quality ◽  
Global Perspective ◽  
Future Research ◽  
Board Structure ◽  
Microfinance Institutions ◽  
Scientific Publications ◽  
Research Directions ◽  
Content Type ◽  
Future Research Directions

PurposeThe purpose of this article is to systematically review extant research on the corporate governance (CG) of microfinance institutions (MFIs) from a global perspective. In the process, it discusses scholarly contributions and highlights key issues from the findings of past studies on several governance attributes, in particular, their interconnections and influence on different institutional outcomes of the sector.Design/methodology/approachAlthough academic work on microfinance governance is substantial, prior studies lack a comprehensive approach to reviewing the literature on this topic. We adopted a systematic method to review past studies on microfinance CG by applying particular inclusion and exclusion criteria. In this regard, the study developed specific questions and sought to find their answers from the existing literature.FindingsThe findings from our research indicate that microfinance governance-performance relationship is the central focus of the majority of our reviewed papers, although a few attempts have been made to explain the interconnection between CG mechanisms at the firm and institutional level. Our findings also show that existing studies have used a variety of techniques to measure MFI performance vis-à-vis their hybrid mission, such as profitability and outreach. Moreover, the study found that common topics discussed in the mainstream literature include board structure, CEO characteristics, audit quality, external governance, disclosure and MFI ownership type.Research limitations/implicationsThis review has some limitations that warrant further research. First, we considered only peer-reviewed scientific publications for our systematic review. Second, we omitted non-English journal papers from our sample. In light of these limitations, we provide some future research directions that may shed further light on our current inquiry.Originality/valueThis paper evaluates past relevant studies using a systematic approach (in preference to the commonly used narrative approach) for a span of over eighteen years; thereby contributing significantly to the sectoral governance literature. This study is novel in that it offers new incentives and opportunities for further research in order to meet the shortcomings of reviewed papers from various theoretical, empirical, methodological and geographical standpoints.

scholarly journals Impact Tech Startups: A Conceptual Framework, Machine-Learning-Based Methodology and Future Research Directions

2021 ◽  
Vol 13 (18) ◽  
pp. 10048
Author(s):  
Benjamin Gidron ◽  
Yael Israel-Cohen ◽  
Kfir Bar ◽  
Dalia Silberstein ◽  
Michael Lustig ◽  
...  
Keyword(s):  
Machine Learning ◽  
Conceptual Framework ◽  
Impact Category ◽  
Private Investment ◽  
Social Enterprises ◽  
Future Research ◽  
Research Directions ◽  
For Profit ◽  
Future Research Directions ◽  
The Impact

The Impact Tech Startup (ITS) is a new, rapidly developing type of organizational category. Based on an entrepreneurial approach and technological foundations, ITSs adopt innovative strategies to tackle a variety of social and environmental challenges within a for-profit framework and are usually backed by private investment. This new organizational category is thus far not discussed in the academic literature. The paper first provides a conceptual framework for studying this organizational category, as a combination of aspects of social enterprises and startup businesses. It then proposes a machine learning (ML)-based algorithm to identify ITSs within startup databases. The UN’s Sustainable Development Goals (SDGs) are used as a referential framework for characterizing ITSs, with indicators relating to those 17 goals that qualify a startup for inclusion in the impact category. The paper concludes by discussing future research directions in studying ITSs as a distinct organizational category through the usage of the ML methodology.

scholarly journals Automatic Complaints Categorization Using Random Forest and Gradient Boosting

2021 ◽  
Vol 3 (1) ◽  
pp. 0210106
Author(s):  
Muchamad Taufiq Anwar
Keyword(s):  
Random Forest ◽  
Gradient Boosting ◽  
Future Research ◽  
Research Directions ◽  
Inverse Document Frequency ◽  
The Public ◽  
Bangalore City ◽  
Document Frequency ◽  
Future Research Directions ◽  
Multi Class Classification

Capturing and responding to complaints from the public is an important effort to develop a good city/country. This project aims to utilize Data Mining to automatize complaints categorization. More than 35,000 complaints in Bangalore city, India, were retrieved from the “I Change My City” website (https://www.ichangemycity.com). The vector space of the complaints was created using Term Frequency–Inverse Document Frequency (TF-IDF) and the multi-class text classifications were done using Random Forest (RF) and Gradient Boosting (GB). Results showed that both RF and GB have similar performance with an accuracy of 73% on the 10-classes multi-class classification task. Result also showed that the model is highly dependent on the word usage in the complaint's description. Future research directions to increase task performance are also suggested.

scholarly journals CCTV Surveillance System, Attacks and Design Goals

2018 ◽  
Vol 8 (4) ◽  
pp. 2072 ◽  
Author(s):  
Muthusenthil B. ◽  
Hyun Sung Kim
Keyword(s):  
Social Order ◽  
Surveillance System ◽  
Future Research ◽  
Surveillance Systems ◽  
Research Directions ◽  
The Public ◽  
Future Research Directions ◽  
The Subject ◽  
Tangible Benefit ◽  
Cctv Surveillance

Closed Circuit Tele-Vision surveillance systems are frequently the subject of debate. Some parties seek to promote their benefits such as their use in criminal investigations and providing a feeling of safety to the public. They have also been on the receiving end of bad press when some consider intrusiveness has outweighed the benefits. The correct design and use of such systems is paramount to ensure a CCTV surveillance system meets the needs of the user, provides a tangible benefit and provides safety and security for the wider law-abiding public. In focusing on the normative aspects of CCTV, the paper raises questions concerning the efficiency of understanding contemporary forms of ‘social ordering practices’ primarily in terms of technical rationalities while neglecting other, more material and ideological processes involved in the construction of social order. In this paper, a 360-degree view presented on the assessment of the diverse CCTV video surveillance systems (VSS) of recent past and present in accordance with technology. Further, an attempt been made to compare different VSS with their operational strengths and their attacks. Finally, the paper concludes with a number of future research directions in the design and implementation of VSS.

scholarly journals Federal bid protests: Is the tail wagging the dog?

2016 ◽  
Vol 16 (2) ◽  
pp. 152-190 ◽  
Author(s):  
Timothy G. Hawkins ◽  
Cory Yoder ◽  
Michael J. Gravier
Keyword(s):  
Transaction Costs ◽  
Lead Time ◽  
Selection Method ◽  
Future Research ◽  
Research Directions ◽  
The Public ◽  
Source Selection ◽  
Acquisition Strategies ◽  
Managerial Implications ◽  
Future Research Directions

The fear of receiving a bid protest is said to affect acquisition strategies, yet it has not been empirically explored. Based on the Public Value Framework and interviews with contracting personnel, this research tests a model of antecedents to and consequences of the fear of a protest. Survey data was obtained from a sample of 350 contracting personnel. The fear of protest is mitigated by having sufficient procurement lead time and by source selection experience, and increased by protest risk. Fear of protest increases compromised technical evaluations, added procurement lead time, and transaction costs, while it decreases contracting officer authority and is associated with source selection method inappropriateness. Compromised technical evaluations, in turn, decrease contractor performance while contracting officer authority increases contractor performance. Thus, findings suggest that, indeed, the tail is wagging the dog. The research concludes with several managerial implications, study limitations and future research directions.

Not For-Profit Focal Firms in Supply Chain Management: Future Research Directions

2018 ◽  
Vol 2018 (1) ◽  
pp. 14768
Author(s):  
Kevin Dooley ◽  
Jury Gualandris ◽  
David Graham Hyatt ◽  
Jonathan Johnson ◽  
Robert D Klassen ◽  
...  
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Future Research ◽  
Research Directions ◽  
Chain Management ◽  
For Profit ◽  
Not For Profit ◽  
Future Research Directions

Crowd Abnormal Behavior Recognition in Intelligent Surveillance System

2012 ◽  
Vol 263-266 ◽  
pp. 2592-2596
Author(s):  
Ying Zhao ◽  
Tian Fei Zhou ◽  
Shao Qian Wei
Keyword(s):  
Visual Surveillance ◽  
Behavior Modeling ◽  
Abnormal Behavior ◽  
Future Research ◽  
Physical Factors ◽  
Behavior Recognition ◽  
Public Places ◽  
Research Directions ◽  
The Public ◽  
Future Research Directions

Crowd abnormal behavior recognition is essential for intelligent visual surveillance in public places to ensure the safety of the public. This is a challenging work because crowd behaviors are complex which are influenced by various factors. This paper divided these factors into three categories: physical factors, social factors and psychological factors. Then an overview about crowd behavior modeling approaches was given. After that, the paper described and analyzed some influential existing algorithms in crowd abnormal behavior recognition from the view point of behavioral factors they used. Finally, the paper discussed the future research directions in this area and some research proposals were given.

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