FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3198378352> ?p ?o ?g. }

• W3198378352 endingPage "106899" @default.
• W3198378352 startingPage "106899" @default.
• W3198378352 abstract "• Noncompliance with the 2013 COSO framework is positively associated with proxies for resource constraints, financial distress, and a weak internal control environment, and negatively associated with auditor industry specialization, board size, and audit committee accounting expertise. • Following supersession of the COSO 1992 framework, evidence suggests that investors view quarterly earnings surprises of the noncompliant firms to be less credible and that noncompliance increases regulatory scrutiny. These consequences appear to persist even after the noncompliant firms implement the updated COSO framework. • Some evidence indicates that accounting conservatism increases after supersession of the 1992 framework for compliant firms relative to noncompliant firms, suggesting that noncompliance can delay the potential benefits of implementing the updated framework. • Investors do not view quarterly earnings surprises of the early implementers to be more credible than those of on-time implementers. However, early implementers are less likely than on-time implementers to receive SEC comment letters, including letters with multiple comments. Additionally, early implementers exhibit some evidence of increased accounting conservatism relative to on-time implementers. The Securities and Exchange Commission (SEC) requires firms to use a “suitable framework” as a basis for evaluating the effectiveness of internal control over financial reporting. The COSO 1992 framework was the most commonly used suitable framework until it was superseded by the COSO 2013 framework. Because strict compliance with the updated framework was not enforced by regulatory authorities, a nontrivial number of firms did not comply in a timely fashion. We investigate determinants and consequences of noncompliance with the COSO 2013 framework following the supersession of the COSO 1992 framework. We find that noncompliance is positively associated with proxies for resource constraints, financial distress, and a weak internal control environment, and negatively associated with auditor industry specialization, board size, and audit committee accounting expertise. Further tests suggest that following supersession of the 1992 framework, investors view quarterly earnings surprises of the noncompliant firms to be less credible and that noncompliance increases regulatory scrutiny. Finally, we find some evidence that accounting conservatism increases after supersession of the 1992 framework for compliant firms relative to noncompliant firms, suggesting that noncompliance can delay the potential benefits of implementing the updated framework." @default.
• W3198378352 created "2021-09-13" @default.
• W3198378352 creator A5036977015 @default.
• W3198378352 creator A5040399905 @default.
• W3198378352 creator A5059804317 @default.
• W3198378352 creator A5064413316 @default.
• W3198378352 date "2021-10-01" @default.
• W3198378352 modified "2023-10-02" @default.
• W3198378352 title "Determinants and consequences of noncompliance with the 2013 COSO framework" @default.
• W3198378352 cites W1997012386 @default.
• W3198378352 cites W2015538552 @default.
• W3198378352 cites W2021311243 @default.
• W3198378352 cites W2031526968 @default.
• W3198378352 cites W2033076206 @default.
• W3198378352 cites W2036864685 @default.
• W3198378352 cites W2044047583 @default.
• W3198378352 cites W2044986032 @default.
• W3198378352 cites W2050201295 @default.
• W3198378352 cites W2053191020 @default.
• W3198378352 cites W2057190074 @default.
• W3198378352 cites W2081742146 @default.
• W3198378352 cites W2084647474 @default.
• W3198378352 cites W2100354353 @default.
• W3198378352 cites W2108377819 @default.
• W3198378352 cites W2113430743 @default.
• W3198378352 cites W2128843785 @default.
• W3198378352 cites W2130954557 @default.
• W3198378352 cites W2134268741 @default.
• W3198378352 cites W2135327730 @default.
• W3198378352 cites W2152596199 @default.
• W3198378352 cites W2164741508 @default.
• W3198378352 cites W2313184008 @default.
• W3198378352 cites W2406751456 @default.
• W3198378352 cites W2623598673 @default.
• W3198378352 cites W2946148525 @default.
• W3198378352 cites W3013591485 @default.
• W3198378352 cites W3021889044 @default.
• W3198378352 cites W3121508809 @default.
• W3198378352 cites W3121813682 @default.
• W3198378352 cites W3121961524 @default.
• W3198378352 cites W3121991680 @default.
• W3198378352 cites W3122138624 @default.
• W3198378352 cites W3122159449 @default.
• W3198378352 cites W3122372585 @default.
• W3198378352 cites W3122572596 @default.
• W3198378352 cites W3122726372 @default.
• W3198378352 cites W3122850875 @default.
• W3198378352 cites W3123132946 @default.
• W3198378352 cites W3123307641 @default.
• W3198378352 cites W3123372730 @default.
• W3198378352 cites W3123771073 @default.
• W3198378352 cites W3124271667 @default.
• W3198378352 cites W3124375173 @default.
• W3198378352 cites W3124458444 @default.
• W3198378352 cites W3124538093 @default.
• W3198378352 cites W3124572799 @default.
• W3198378352 cites W3124987968 @default.
• W3198378352 cites W3125033565 @default.
• W3198378352 cites W3125303267 @default.
• W3198378352 cites W3125487088 @default.
• W3198378352 cites W3125494889 @default.
• W3198378352 cites W3125497950 @default.
• W3198378352 cites W3125541832 @default.
• W3198378352 cites W3125741632 @default.
• W3198378352 cites W3126107308 @default.
• W3198378352 cites W3126131797 @default.
• W3198378352 cites W3147784421 @default.
• W3198378352 doi "https://doi.org/10.1016/j.jaccpubpol.2021.106899" @default.
• W3198378352 hasPublicationYear "2021" @default.
• W3198378352 type Work @default.
• W3198378352 sameAs 3198378352 @default.
• W3198378352 citedByCount "5" @default.
• W3198378352 countsByYear W31983783522021 @default.
• W3198378352 countsByYear W31983783522022 @default.
• W3198378352 countsByYear W31983783522023 @default.
• W3198378352 crossrefType "journal-article" @default.
• W3198378352 hasAuthorship W3198378352A5036977015 @default.
• W3198378352 hasAuthorship W3198378352A5040399905 @default.
• W3198378352 hasAuthorship W3198378352A5059804317 @default.
• W3198378352 hasAuthorship W3198378352A5064413316 @default.
• W3198378352 hasConcept C121955636 @default.
• W3198378352 hasConcept C144133560 @default.
• W3198378352 hasConcept C162118730 @default.
• W3198378352 hasConceptScore W3198378352C121955636 @default.
• W3198378352 hasConceptScore W3198378352C144133560 @default.
• W3198378352 hasConceptScore W3198378352C162118730 @default.
• W3198378352 hasIssue "6" @default.
• W3198378352 hasLocation W31983783521 @default.
• W3198378352 hasOpenAccess W3198378352 @default.
• W3198378352 hasPrimaryLocation W31983783521 @default.
• W3198378352 hasRelatedWork W1480452202 @default.
• W3198378352 hasRelatedWork W1539921135 @default.
• W3198378352 hasRelatedWork W164362287 @default.
• W3198378352 hasRelatedWork W2348075735 @default.
• W3198378352 hasRelatedWork W2397704374 @default.
• W3198378352 hasRelatedWork W2993026223 @default.
• W3198378352 hasRelatedWork W3033205368 @default.
• W3198378352 hasRelatedWork W3122722293 @default.

• next