Do Personnel Stability, Family Business and Auditor Influence Financial Restatement?
This paper explores how the interaction of four conditions (chief director stability, top management stability, family business and firms with big 4 auditor) results in restatements. This paper uses qualitative comparative analysis (QCA), which is a relatively new method applied in accounting resea...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2016-01-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://econjournals.com/index.php/ijefi/article/view/1570 |
| _version_ | 1797908356666490880 |
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| author | Kai-Ling Chen Shen-Ho Chang Teng-Shih Wang |
| author_facet | Kai-Ling Chen Shen-Ho Chang Teng-Shih Wang |
| author_sort | Kai-Ling Chen |
| collection | DOAJ |
| description |
This paper explores how the interaction of four conditions (chief director stability, top management stability, family business and firms with big 4 auditor) results in restatements. This paper uses qualitative comparative analysis (QCA), which is a relatively new method applied in accounting research to examine the cause of the restatements systematically. The results show firms not audited by Big 4 and family business are more possible to restate the financial reports due to accounting type errors. The results also imply that non family business audited by Big 4 or family controlled firms not audited by Big4 have more chance to restate the financial reports due to material accounting errors. Last family business not audited by Big 4 has more chance to restate the financial reports voluntarily.
Keywords: Personnel Stability; Qualitative Comparative Analysis; Restatement
JEL Classifications: M40; M41
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| first_indexed | 2024-04-10T10:51:26Z |
| format | Article |
| id | doaj.art-d5b87164598747f7af59caae45bfdf56 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T10:51:26Z |
| publishDate | 2016-01-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-d5b87164598747f7af59caae45bfdf562023-02-15T16:20:08ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-01-0161Do Personnel Stability, Family Business and Auditor Influence Financial Restatement?Kai-Ling Chen0Shen-Ho Chang1Teng-Shih Wang2Department of Leisure Recreation and Travel Management,Toko University, TaiwanDepartment of Accounting, Feng Chia University,TaiwanExecutive Officer, Finance Division, Taoyuan Metro Corp,Taiwan This paper explores how the interaction of four conditions (chief director stability, top management stability, family business and firms with big 4 auditor) results in restatements. This paper uses qualitative comparative analysis (QCA), which is a relatively new method applied in accounting research to examine the cause of the restatements systematically. The results show firms not audited by Big 4 and family business are more possible to restate the financial reports due to accounting type errors. The results also imply that non family business audited by Big 4 or family controlled firms not audited by Big4 have more chance to restate the financial reports due to material accounting errors. Last family business not audited by Big 4 has more chance to restate the financial reports voluntarily. Keywords: Personnel Stability; Qualitative Comparative Analysis; Restatement JEL Classifications: M40; M41 https://econjournals.com/index.php/ijefi/article/view/1570 |
| spellingShingle | Kai-Ling Chen Shen-Ho Chang Teng-Shih Wang Do Personnel Stability, Family Business and Auditor Influence Financial Restatement? International Journal of Economics and Financial Issues |
| title | Do Personnel Stability, Family Business and Auditor Influence Financial Restatement? |
| title_full | Do Personnel Stability, Family Business and Auditor Influence Financial Restatement? |
| title_fullStr | Do Personnel Stability, Family Business and Auditor Influence Financial Restatement? |
| title_full_unstemmed | Do Personnel Stability, Family Business and Auditor Influence Financial Restatement? |
| title_short | Do Personnel Stability, Family Business and Auditor Influence Financial Restatement? |
| title_sort | do personnel stability family business and auditor influence financial restatement |
| url | https://econjournals.com/index.php/ijefi/article/view/1570 |
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