Audited quarterly accounts and earnings response coefficients
The production of quarterly accounts has become a mandatory requirement for listed companies in many countries. However, these accounts are not required to be audited in many jurisdictions, which expose these accounts to the risk of errors and manipulations. The purpose of this study is to examine...
| Автори: | , , |
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| Формат: | Стаття |
| Мова: | English |
| Опубліковано: |
De La Salle University Publishing House
2016
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| Онлайн доступ: | http://psasir.upm.edu.my/id/eprint/55174/1/Audited%20quarterly%20accounts%20and%20earnings%20response%20coefficients.pdf |
| _version_ | 1825931169309392896 |
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| author | Malik, Mazrah Fauzi Saidin, Saidatunur Osman, Mohammad Noor Hisham |
| author_facet | Malik, Mazrah Fauzi Saidin, Saidatunur Osman, Mohammad Noor Hisham |
| author_sort | Malik, Mazrah |
| collection | UPM |
| description | The production of quarterly accounts has become a mandatory requirement for listed companies in many countries. However, these accounts are not required to be audited in many jurisdictions, which expose these accounts to the risk of errors and manipulations. The purpose of this study is to examine the investors’ response towards auditor’s involvement in quarterly accounts. Analysis is based on matched pair sample of 60 listed companies in Bursa Malaysia in the year 2012. The result of the OLS regression shows that the earnings response coefficients of quarterly accounts that have been audited are statistically higher than those not audited. The result provides support for the contention that investors place greater reliability on quarterly accounts that have auditor’s involvement. The finding provides support for the need of auditor’s involvement in the quarterly accounts. However, additional costs associated with auditing the quarterly accounts should also be considered. |
| first_indexed | 2024-03-06T09:22:40Z |
| format | Article |
| id | upm.eprints-55174 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T09:22:40Z |
| publishDate | 2016 |
| publisher | De La Salle University Publishing House |
| record_format | dspace |
| spelling | upm.eprints-551742017-12-08T04:35:41Z http://psasir.upm.edu.my/id/eprint/55174/ Audited quarterly accounts and earnings response coefficients Malik, Mazrah Fauzi Saidin, Saidatunur Osman, Mohammad Noor Hisham The production of quarterly accounts has become a mandatory requirement for listed companies in many countries. However, these accounts are not required to be audited in many jurisdictions, which expose these accounts to the risk of errors and manipulations. The purpose of this study is to examine the investors’ response towards auditor’s involvement in quarterly accounts. Analysis is based on matched pair sample of 60 listed companies in Bursa Malaysia in the year 2012. The result of the OLS regression shows that the earnings response coefficients of quarterly accounts that have been audited are statistically higher than those not audited. The result provides support for the contention that investors place greater reliability on quarterly accounts that have auditor’s involvement. The finding provides support for the need of auditor’s involvement in the quarterly accounts. However, additional costs associated with auditing the quarterly accounts should also be considered. De La Salle University Publishing House 2016 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/55174/1/Audited%20quarterly%20accounts%20and%20earnings%20response%20coefficients.pdf Malik, Mazrah and Fauzi Saidin, Saidatunur and Osman, Mohammad Noor Hisham (2016) Audited quarterly accounts and earnings response coefficients. DLSU Business & Economics Review, 25 (2). pp. 53-62. ISSN 0116-7111 |
| spellingShingle | Malik, Mazrah Fauzi Saidin, Saidatunur Osman, Mohammad Noor Hisham Audited quarterly accounts and earnings response coefficients |
| title | Audited quarterly accounts and earnings response coefficients |
| title_full | Audited quarterly accounts and earnings response coefficients |
| title_fullStr | Audited quarterly accounts and earnings response coefficients |
| title_full_unstemmed | Audited quarterly accounts and earnings response coefficients |
| title_short | Audited quarterly accounts and earnings response coefficients |
| title_sort | audited quarterly accounts and earnings response coefficients |
| url | http://psasir.upm.edu.my/id/eprint/55174/1/Audited%20quarterly%20accounts%20and%20earnings%20response%20coefficients.pdf |
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