The role of accounting and auditing in corporate governance and the development of financial markets around the world

By Jere R. Francis, Inder K. Khurana, Raynolde Pereira. 2003

320 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/8685750a519da8ccd5b191224242d81c459849da

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Citations in the corpus

Corporate governance, transparency and performance of Malaysian companies (2008, background): “…equity markets, because audits can enhance the credibility oj' financial inionnatiol1. directly SUppOlt better C0l1JOrate govemance practices tlu-ough transparent financial repOliing (Francis et al., 2003; Sloan, 2(01) and therefore ultimately influences the allocation of re-sources (SEC, 20(0).”
The economic value of regulated disclosure: Evidence from the banking sector (2006, background): “, Jaggi and Low, 2000; Hope, 2003); the value-relevance of earnings (e.g., Alford et al., 1993; Francis et al., 2003; Geunther and Young, 2000; Land and Lang, 2003); earnings management (e.”
Disclosure Incentives and Effects on Cost of Capital around the World (2005, background): “There is evidence that countries with weak investor protection environments have lower quality accounting standards and lower quality auditing, which means that accounting is less credible in these countries (La Porta et al. 1998; Hung 2000; Francis et al. 2003).”
Is the effect of industry expertise on audit pricing an office-level or a partner-level phenomenon? (2014, unknown): “1997), stronger demand for independent audit services, and more homogenous financial reporting practice and audit market structure (Ali and Hwang 2000; Hung 2001; Bhattacharya et al. 2003; Leuz et al. 2003; Francis et al. 2003).”
Culture and auditor choice: A test of the secrecy hypothesis (2008, background): “The motivation for considering these country factors is that Big 4 auditor choices could be driven by these countrylevel factors rather than the cultural value of secrecy (e.g., Francis et al., 2003; Hope, 2003a; Fan and Wong, 2005).”
New institutional accounting and IFRS (2011, unknown): “In contrast, Francis et al. (2003) analyse the link between disclosure and cost of capital for firms from 34 countries and find that more disclosure is associated with a lower cost of capital, but firms’ voluntary disclosure choices appear to operate independently of country-level regulations.”
How Do Various Forms of Auditor Rotation Affect Audit Quality? Evidence from China (2012, background): “Audit quality can vary with institutional and market development factors such as the legal environment and investor protection (Choi and Wong, 2007; Francis et al., 2003; Khurana and Raman, 2004; Francis and Wang, 2008).”
Disclosure on Corporate Governance in the European Union (2008, background): “In addition, Francis et al. (2003) document that national accounting standards are more timely and transparent in common-law countries.”
The Effect of IFRS Adoption and Investor Protection on Earnings Quality Around the World (2012, unknown): “A cross-sectional Jones (1991) model was not suitable for the calculation of discretionary accruals in a cross-country study, as the number of industry observations per country was likely to be quite small (Francis and Wang 2008; Wysocki 2004; Meuwissen et al. 2005). To avoid this problem, we follow”
Corporate social responsibility, real activities earnings management, and corporate governance: evidence from Korea (2016, background): “…empirical evidence using a sample of Korean-listed firms that have different institutional environments and culture from western countries (Francis, Khurana, and Pereira 2003; Dhaliwal et al. 2012), we contribute to CSR studies related to Asian countries that are not addressed as much as…”
Ownership concentration in privatized firms: The role of disclosure standards, auditor choice, and auditing infrastructure (2006, background): “Demsetz and Lehn (1985), Haw et al. (2004), and Boubakri et al.”