Determinants of Weaknesses in Internal Control over Financial Reporting

By Jeffrey T. Doyle, Weili Ge, Sarah E. McVay. 2007

1,355 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/ce4dcba03375c60bd56af39b308361026c3a254f

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Citations in the corpus

Does PCAOB Inspection Access Improve Audit Quality? An Examination of Foreign Firms Listed in the United States (2016, background): “These control variables follow Doyle et al. (2007). Consistent with the going concern model, I control for factors that may also influence auditor reporting incentives, including major foreign stock listing (Major) and auditor size (Big 4).”
Enterprise risk management and firm performance: A contingency perspective (2009, background): “Ge and McVay (2005) and Doyle et al. (2007), for example, find material weaknesses in internal controls (which are a key part of ERM systems) are more likely for firms that are more complex. In terms of directly considering an ERM system, Hoyt and Liebenberg (2009) find that complexity is positively”
Auditor Industry Specialization and Evidence of Cost Efficiencies in Homogenous Industries (2015, background): “We focus on the complexity of accounting standards and practices in an industry rather than operational complexity, such as the number of segments in Doyle, Ge, and McVay (2007), because specialists can transfer technical knowledge about complex accounting across clients in the same industry.”
The Information Content of Goodwill Impairments and SFAS 142 (2011, background): “Doyle, Ge, and McVay (2007) also find that smaller firms are more likely to report a material weakness in internal control as defined by SOX.”
Enterprise Risk Management Program Quality: Determinants, Value Relevance, and the Financial Crisis (2013, positive): “Further, studies find that resource constraints inhibit implementation of effective internal controls (e.g., Doyle et al. 2007) and management control systems (Elbashir et al. 2011).34 In sum, our results provide insights into the characteristics of financial services companies that allocate…”
Do CFOs Have Style? An Empirical Investigation of the Effect of Individual CFOs on Accounting Practices* (2011, background): “Dyreng et al. (2010) report approximately 96 fixed effects that are significant at the 5 percent level, which is roughly 10 percent of their sample of 908 managers (who are primarily CEOs).”
Economic Incentives for Voluntary Reporting on Internal Risk Management and Control Systems (2008, background): “…et al. 2007), and the control risk factors leading to the presence of internal control problems such as organizational complexity, rapid organizational change, and a lack of resources to invest in internal control systems (Ge and McVay 2005; Doyle et al. 2007b; Ashbaugh-Skaife et al. 2007).”
Stock price crash risk: review of the empirical literature (2018, positive): “…together, firms with ineffective internal control, in particular, internal control over financial reporting, disseminate less reliable financial information (Doyle, Ge, and McVay 2007a, b; Ashbaugh-Skaife, Collins, Kinney, LaFond, 2009; Feng, Li, and McVay, 2009): the primary driver of crash risk.”
Does investment efficiency improve after the disclosure of material weaknesses in internal control over financial reporting (2013, background): “Prior to the act, firms were only required to publicly disclose deficiencies in their internal control if they changed auditors (Doyle et al., 2007a).”