Business Ethics and Financial Reporting Quality: Evidence from Korea

被引：83
作者：
Choi, Tae Hee [1 ]
Pae, Jinhan [2 ]
机构：
[1] KDI Sch Publ Policy & Management, Seoul, South Korea
[2] Korea Univ, Sch Business, Seoul, South Korea
来源：
JOURNAL OF BUSINESS ETHICS | 2011年 / 103卷 / 03期
关键词：
business ethics; financial reporting quality; accruals; conservatism; corporate governance; CORPORATE GOVERNANCE; EARNINGS MANAGEMENT; DECISION-MAKING; CASH FLOWS; CONSERVATISM; PERFORMANCE; ACCRUALS; TIMELINESS; COMMITMENT; RETURNS;
D O I：
10.1007/s10551-011-0871-4
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study examines the relationship between corporate commitment to business ethics and financial reporting quality. We posit that companies with a higher level of ethical commitment exhibit better quality financial reporting than those with a lower level of ethical commitment. Consistent with our prediction, we find that companies with a higher level of ethical commitment are engaged in less earnings management, report earnings more conservatively, and predict future cash flows more accurately than those with a lower level of ethical commitment. We also find that corporate commitment to business ethics has perpetuating effects on future financial reporting quality.
引用
收藏
页码：403 / 427
页数：25
相关论文
共 50 条
  • [31] Internal audit function, board quality and financial reporting quality: evidence from Malaysia
    Johl, Shireenjit K.
    Johl, Satirenjit Kaur
    Subramaniam, Nava
    Cooper, Barry
    MANAGERIAL AUDITING JOURNAL, 2013, 28 (09) : 780 - +
  • [32] Does continuous auditing enhance the quality of financial reporting? Korean evidence
    Lee, Jung-Wha
    Kang, Minjung
    Oh, Yunsook
    Pyo, Gyungmin
    ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS, 2014, 21 (03) : 284 - 307
  • [33] Presence of professional accountant in the top management team and financial reporting quality Evidence from Bangladesh
    Rashid, Md Mamunur
    JOURNAL OF ACCOUNTING AND ORGANIZATIONAL CHANGE, 2020, 16 (02) : 237 - 257
  • [34] The role of financial reporting quality in selecting new audit committee member
    Lei, Dongliang
    Liu, Jiaxin
    JOURNAL OF CORPORATE ACCOUNTING AND FINANCE, 2022, 33 (01) : 52 - 71
  • [35] Accounting comparability, financial reporting quality and audit opinions: evidence from Iran
    Golmohammadi Shuraki, Mojtaba
    Pourheidari, Omid
    Azizkhani, Masoud
    ASIAN REVIEW OF ACCOUNTING, 2021, 29 (01) : 42 - 60
  • [36] Financial constraints and negative spillovers in business groups: Evidence from Korea
    Kwon, Yonghyun
    Han, Seung Hun
    Lee, Bong-Soo
    PACIFIC-BASIN FINANCE JOURNAL, 2016, 39 : 84 - 100
  • [37] Earnings Management, Uncertainty and the Role of Conservative Financial Reporting: Empirical Evidence from Pakistan
    Fatima, Huma
    Haque, Abdul
    Qammar, Muhammad Ali Jibran
    JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS, 2022, 9 (04): : 39 - 52
  • [38] Busyness, Expertise, and Financial Reporting Quality of Audit Committee Chairs and Financial Experts
    Tanyi, Paul N.
    Smith, David B.
    AUDITING-A JOURNAL OF PRACTICE & THEORY, 2015, 34 (02): : 59 - 89
  • [39] Are Audit Committees Overloaded? Evidence from the Effect of Financial Risk Management Oversight on Financial Reporting Quality
    Ashraf, Musaib
    Choudhary, Preeti
    Jaggi, Jacob
    MANAGEMENT SCIENCE, 2024, 70 (12) : 8414 - 8447
  • [40] The impact of business strategy and annual report readability on financial reporting quality
    Arianpoor, Arash
    Sahoor, Zahra
    JOURNAL OF ASIA BUSINESS STUDIES, 2023, 17 (03) : 598 - 616
12345