scholarly journals The textual similarity of KAM disclosures for Spanish companies

2021 ◽  
pp. 183-202
Author(s):  
Sheng-Feng Hsieh ◽  
◽  
Cleber Beretta Custodio ◽  
Miklos A. Vasarhelyi ◽  
◽  
...  
Keyword(s):  
Empirical Evidence ◽  
Cosine Similarity ◽  
Accounting Firm ◽  
Word Usage ◽  
Prior Literature ◽  
One Year

We investigate and document the textual similarity of key audit matter (KAM) disclosures by using KAM items in auditor’s reports of Spanish companies in fiscal years 2017 and 2018. The main objective is to understand how similar KAMs are disclosed from one year to another. Following prior literature, we use the cosine similarity to measure the textual similarity between KAM items in terms of word usage. We classify and analyze KAM items for two consecutive years based on the following three combinations: (1) KAM topic, (2) KAM topic and auditor, and (3) KAM topic, auditor, and industry of the client being audited. The results indicate that auditors from the same accounting firm tend to have a recurring textual similarity under each KAM topic, and such similarity increases for clients within the same industry. The results add empirical evidence to the understanding of the recurring textual similarity of KAM disclosures

scholarly journals Pengaruh Pengalaman Audit, Skeptisme Profesional Dan Time Pressure Terhadap Kemampuan Auditor Mendeteksi Fraud

2021 ◽  
Vol 1 (2) ◽  
pp. 113
Author(s):  
Safira Indriyani ◽  
Luqman Hakim
Keyword(s):  
Empirical Evidence ◽  
Random Sampling ◽  
Research Method ◽  
Time Pressure ◽  
Simple Random Sampling ◽  
Primary Data ◽  
Public Accounting ◽  
Accounting Firm ◽  
The Public

The research purposes to obtain and understand the empirical evidence about audit experience, auditor’s professional scepticism and time pressure toward auditor’s ability to detect fraud. The research method used was quantitative by using primary data questionnaires to the Public Accounting Firm in Center Jakarta. Sample taking method on this research is using simple random sampling. The result showed that audit experience and auditor’s professional scepticism have positive and significant effect on auditor’s ability to detect fraud, time pressure has negative and significant effect on auditor’s ability to detect fraud. 

scholarly journals Pengaruh Tekanan Eksternal Terhadap Penggunaan Sistem Pengukuran Kinerja Untuk Tujuan Opersional Dan Dampaknya Terhadap Kinerja

2016 ◽  
Vol 4 (2) ◽  
Author(s):  
Anita Primastiwi
Keyword(s):  
Performance Measurement ◽  
Empirical Evidence ◽  
Measurement System ◽  
External Pressure ◽  
Partial Least Square ◽  
Least Square ◽  
Performance Measurement System ◽  
External Stakeholder ◽  
One Year ◽  
The Impact

The aim of this study is to give empirical evidence about the influence of external pressure on the using of performance measurement system for operational purposes and the impact on the performance of public sector organizations. The samples were the SKPD’s and BUMD’s chairmen or chairwomen who lead the governmental services in Klaten Regency, and they must be in their term of office for at least one year. This study analyzed their perceptions about the statements in the questionaire. The data was analized by partial least square (PLS) with Smart PLS Version 3.0. The findings showed an empirical evidence that accountability demands from supervisors and specific (external) stakeholder groups do have positive and significant effect on the using of performance measurement system for operational purposes, but that general public or political attention does not affect to the using of performance measurement system for operational purposes. The finding also showed that using the system for operational purposes has no impact on performance.

scholarly journals The role of subjectivity in mitigating incentive contracting risks

2021 ◽  
Author(s):  
Anne M Lillis ◽  
Mary A. Malina ◽  
Julia Mundy
Keyword(s):  
Empirical Evidence ◽  
Performance Measures ◽  
Risk Mitigation ◽  
Significant Risk ◽  
Behavioral Responses ◽  
Information Gathering ◽  
Performance Assessments ◽  
Prior Literature ◽  
Incentive Contracting

We examine how subjectivity in performance measurement and reward systems (PMRS) is used to mitigate incentive contracting risks. Drawing on data from 38 interviews with supervisory and subordinate managers in four firms, we provide a more comprehensive explanation of the role of subjectivity in risk mitigation than is evident in the prior literature. We provide empirical evidence of the importance firms place on the use of subjectivity to mitigate the risk of incentive misalignment and employee sorting errors relative to its welldocumented role in mitigating employee compensation risk. We find that incentive misalignment arising from unanticipated behavioral responses to performance measures is a particularly important risk, managed through subjective performance assessments. The extent of subjectivity we observe poses a significant risk of errors and bias. We observe that both vertical and horizontal information gathering and review by calibration panels are key strategies to mitigate the downside risk of subjectivity.

Is Bitcoin a safe haven? Application of FinTech to safeguard Australian stock markets

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Kamran ◽  
Pakeezah Butt ◽  
Assim Abdel-Razzaq ◽  
Hadrian Geri Djajadikerta
Keyword(s):  
Empirical Evidence ◽  
Design Methodology ◽  
Conditional Heteroskedasticity ◽  
Sample Period ◽  
Safe Haven ◽  
Conditional Correlation ◽  
Content Type ◽  
Dynamic Conditional Correlation ◽  
Stock Indices ◽  
One Year

Purpose This study aims to address the timely question of whether Bitcoin exhibited a safe haven property against the major Australian stock indices during the first and second waves of the COVID-19 pandemic in Australia and whether such property is similar or different in one year time from the first wave of the COVID-19. Design/methodology/approach The authors used the bivariate Dynamic Conditional Correlation, Generalized Autoregressive Conditional Heteroskedasticity model, on the five-day returns of Bitcoin and Australian stock indices for the sample period between 23 April, 2011 and 19 April, 2021. Findings The results show that Bitcoin offered weak safe haven and hedging benefits when combined in a portfolio with S&P/ASX 200 Financials index, S&P/ASX 200 Banks index or S&P/ASX 300 Banks index. In regard to the S&P/ASX All Ordinaries Gold index, the authors found Bitcoin a risky candidate with inconsistent safe haven and hedging benefits. Against S&P/ASX 50 index, S&P/ASX 200 index and S&P/ASX 300 index, Bitcoin was nothing more than a diversifier. The outset of the second COVID-19 wave, which was comparatively more severe than the first, is also reflected in the results with considerably higher correlations. Originality/value There is a lack of in-depth empirical evidence on the safe haven capabilities of Bitcoins for various Australian stock indices during the first and second waves of the COVID-19 pandemic. The study bridges this void in research.

Redefining vanity sizing: when bigger may be better

2017 ◽  
Vol 21 (4) ◽  
pp. 438-452 ◽  
Author(s):  
Seth Ketron ◽  
Kelly Naletelich
Keyword(s):  
Empirical Evidence ◽  
Social Desirability ◽  
Design Methodology ◽  
Empirical Support ◽  
Purchase Intentions ◽  
Quantitative Approach ◽  
Affective Reactions ◽  
Content Type ◽  
Prior Literature

Purpose Although vanity sizing has often been conceptualized as “smaller is better” in apparel sizing, this perspective is limited in that many products would be more negatively perceived if viewed as smaller in size. In such scenarios, “larger is better” would be a more appropriate heuristic. Thus, vanity sizing should be redefined as a practice in achieving social desirability in size labeling. Namely, vanity sizing actually seeks to induce feelings of either smallness or largeness depending on the context. The purpose of this paper is to address this redefinition. Design/methodology/approach The current research provides initial empirical support of this redefinition with two studies that utilize a blended qualitative/quantitative approach and a hypothetical product scenario in which “larger is better” (bras). Findings Study 1 indicates that consumers seek to feel smaller and larger across different bodily areas. Further, study 2 found that compared to consumers of larger cup sizes, consumers of smaller cup sizes react more favorably to larger-than-typical cup sizes, forming more positive cognitive/affective reactions. Further, these cognitive/affective reactions influence purchase intentions, confirming findings of prior literature concerning attitudes and purchase intentions. Overall, the findings support the need to redefine vanity sizing. Originality/value The present conceptualization of vanity sizing is too narrow and limits understanding of the implications of vanity sizing across all sizing situations. Thus, this paper redefines vanity sizing and furnishes empirical evidence that such redefinition is warranted.

scholarly journals How humans transmit language: horizontal transmission matches word frequencies among peers on Twitter

2018 ◽  
Vol 15 (139) ◽  
pp. 20170738 ◽  
Author(s):  
John Bryden ◽  
Shaun P. Wright ◽  
Vincent A. A. Jansen
Keyword(s):  
Empirical Evidence ◽  
Horizontal Transmission ◽  
Language Usage ◽  
Word Usage ◽  
Language Patterns ◽  
Mechanistic Understanding ◽  
Linguistic Evolution ◽  
Word Frequencies ◽  
Lasting Change ◽  
Language Transmission

Language transmission, the passing on of language features such as words between people, is the process of inheritance that underlies linguistic evolution. To understand how language transmission works, we need a mechanistic understanding based on empirical evidence of lasting change of language usage. Here, we analysed 200 million online conversations to investigate transmission between individuals. We find that the frequency of word usage is inherited over conversations, rather than only the binary presence or absence of a word in a person's lexicon. We propose a mechanism for transmission whereby for each word someone encounters there is a chance they will use it more often. Using this mechanism, we measure that, for one word in around every hundred a person encounters, they will use that word more frequently. As more commonly used words are encountered more often, this means that it is the frequencies of words which are copied. Beyond this, our measurements indicate that this per-encounter mechanism is neutral and applies without any further distinction as to whether a word encountered in a conversation is commonly used or not. An important consequence of this is that frequencies of many words can be used in concert to observe and measure language transmission, and our results confirm this. These results indicate that our mechanism for transmission can be used to study language patterns and evolution within populations.

scholarly journals Halo effect moderating: impact of professional skepticism on auditor performance

2019 ◽  
Vol 6 (4) ◽  
pp. 189-196
Author(s):  
Ihwan Septian ◽  
Ida Bagus Putra Astika
Keyword(s):  
Sampling Technique ◽  
Halo Effect ◽  
Financial Information ◽  
Certified Public Accountants ◽  
Professional Skepticism ◽  
Accounting Firm ◽  
The Public ◽  
One Year ◽  
Public Accountant

The Public Accountant profession has a role in supporting a healthy and efficient economy and increasing transparency and quality of financial information. Good auditor performance is needed to provide transparent and quality financial information to all interested parties. Good auditor performance can be carried out if an auditor is able to maintain professional skepticism and other factors in carrying out audit assignments and is not affected by factors that can reduce professional skepticism, one of which is the occurrence of a halo effect in assessing the client's overall business risk. The research was conducted to provide empirical of the halo effect in moderating professional skepticism on the auditor performance at Public Accounting Firm (KAP) in Bali Province. The population in this research were all KAP auditors in Bali Province which registered in the Directory and published by Indonesian Institute of Certified Public Accountants (IAPI) in 2019. The sampling technique used purposive sampling with the auditor criteria who are actively working in KAP in Bali Province and has audit experience of at least one year and ever been a team leader in the audit at least once.

Integrated thinking, earnings manipulation and value creation: Malaysian empirical evidence

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nor Farizal Mohammed ◽  
Nor Aqilah Sutainim ◽  
Md. Shafiqul Islam ◽  
Norhayati Mohamed
Keyword(s):  
Empirical Evidence ◽  
Value Creation ◽  
Earnings Manipulation ◽  
Fraud Triangle ◽  
Integrated Reporting ◽  
Content Type ◽  
Prior Literature ◽  
Triangle Theory ◽  
Market Capitalisation ◽  
The Relationship

PurposePrior literature proposes that integrated reporting (IR) drives integrated thinking (IT), enabling an organisation to create value for stakeholders in both quantitative (economic performance) and qualitative manners (beyond financially-oriented information). Fraud triangle theory also predicts that earnings manipulation may also affect the creation of value. Thus, this study seeks to provide empirical evidence on the relationship between IT, earnings manipulation and value creation.Design/methodology/approachThis data sample comprises of 497 observations from 2014 to 2018 of the top 100 market capitalisation of Malaysian public listed companies (PLCs) in Bursa Malaysia. This study used an index score for IT variable and Beneish’s M-score as a proxy to detect earnings manipulations and to classify the companies into non-manipulators and manipulator companies. Value creation measurements consist of four variables under shareholder's value creation and one variable represents value creation through innovation.FindingsThe findings show that IT is significantly related to value creation, whereas earnings manipulation had no significant relationship with value creation except for value creation measured using Tobin's Q ratio. The alarming finding is that a fraud predictor, namely earning manipulation, measured by Beneish-M, is not a predictor of whether companies are creating better or less value.Originality/valueThis study is among the early literature that provides empirical evidence of the relationship between IT and value creation. Furthermore, this paper adds to look at the association of earning manipulation and value creation.

Pengaruh Independensi, Integritas, Dan Kompetensi Terhadap Kinerja Auditor

2014 ◽  
Vol 6 (2) ◽  
pp. 39-55
Author(s):  
Agnes Eviyany ◽  
Narumi Lapoliwa
Keyword(s):  
Sampling Method ◽  
Financial Statements ◽  
Auditor Independence ◽  
Public Accounting ◽  
Accounting Firms ◽  
Accounting Firm ◽  
Convenience Sampling ◽  
One Year ◽  
Big Four ◽  
Selection Of

The information in financial statements is used by investors, creditors, and other parties in making investment decisions. Thus auditors’ performance in assuring the reliability of financial statements’ information is very important to investors. The purpose of this study is to analyze the effect of independence, integrity and competence towards auditor performance. The object of this study is auditor at big four and non- big four public accounting firms in Jakarta and Tangerang. Selection of the sample in this study is determined based on convenience sampling method. The sample used in this study are auditors who work more than one year at the same position at public accounting firm. The data used in this study are primer data, questionnaires distributed to respondents (auditor). Data analysis method used is multiple regression. The result of this study are: (1) independence has significant effect towards auditor performance, (2) integrity has significant effect towards auditor performance, (3) competence has significant effect towards auditor performance, (4) independence, integrity, and competence simultaneously have significant effect towards auditor performance. Keywords: auditor, independence, integrity, competence, auditor performance

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