Internal audit: corporate governance issues impacting its existence in ASX listed firms and its influence on earnings management
MetadataShow full item record
This study examines the association of corporate governance mechanisms with internal audit function, including outsourcing for top ASX listed firms. The study further explores relationships between internal audit and earnings management. Using agency theory, cross-sectional quantitative analyses are conducted using 240 ASX firms, including survey and financial report data for 2011. Main results indicate that corporate governance mechanisms significantly influence the status of internal audit, however there is no significant association with earnings management.
Showing items related by title, author, creator and subject.
Christopher, Joseph E.R. (2009)Over the last two decades a series of spectacular failures in corporate governance has raised concern about good governance of private and public sector organisations. These concerns inevitably extend to the Australian ...
Zain, M.; Abdul Wahab, Effiezal Aswadi; Boon, F. (2010)This study examines the impact of corporate governance mechanisms namely audit committee characteristics, internal audit arrangements, and managerial ownership on external audit fees. Using a sample of 539 firms listed ...
Christopher, Joseph; Sarens, G.; Leung, P. (2009)Purpose – This study aims to critically analyse the independence of the internal audit function through its relationship with management and the audit committee. Design/methodology/approach – Results are based on a critical ...