Artikel
Audit committee characteristics and quality of financial information: The role of the internal information environment and political connections
This study explores the relationship between audit committee characteristics and accounting information quality by justifying the role of the internal information environment and political connections under the theocracy state of Iran with syncretic politics. Using panel data of 558 firms from the Tehran Stock Exchange (TSE) for 2011-2016, we rank firms using Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) and entropy method for determination of the weight of evaluating indicators. The firms are positioned into high- to low-level political connections, and two proxies for audit committee characteristics are used: independence of audit committee and financial knowledge. Furthermore, three proxies are used for an internal information environment: earning announcement speed, the accuracy of earning forecasting and lack of financial restatements. Our findings show that there is a significant and positive relationship between the audit committee and financial information quality characteristics in high-level political connections, as well as between financial knowledge and financial information quality. Furthermore, the findings of this study suggest that the application of political economy theories could be appropriate for more inquiry.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 14 ; Year: 2021 ; Issue: 6 ; Pages: 1-18 ; Basel: MDPI
- Klassifikation
-
Wirtschaft
- Thema
-
accounting information quality
audit committee characteristics
internal information environment
political connections
TOPSIS
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Namakavarani, Omid Mehri
Daryaei, Abbas Ali
Askarany, Davood
Askary, Saeed
- Ereignis
-
Veröffentlichung
- (wer)
-
MDPI
- (wo)
-
Basel
- (wann)
-
2021
- DOI
-
doi:10.3390/jrfm14060273
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Namakavarani, Omid Mehri
- Daryaei, Abbas Ali
- Askarany, Davood
- Askary, Saeed
- MDPI
Entstanden
- 2021
Ähnliche Objekte (12)
The information audit - analysis and development of information capturing methods
The information audit : a practical guide
Workplace Connections and Labor Migration: The Role of Information in Shaping Expectations
Making Connections : Reflecting on Trains, Kinship, and Information Technology
Variations and connections of the human thalamus, 1.. The nuclei and cerebral connections of the human thalamus
Study of the mutual connections among information-communication technologies, organisational learning and business performance
Connections and the allocation of public benefits
The sunflower conjecture and connections to TCS
The impact of European audit legislation on audit fees, audit quality, and the audit market : empirical investigations in the German setting
The Relationship between audit adjustments and audit quality in Iraq
Gender Nonconformity, Race, and Sexuality : Charting the Connections
Gender and Disability in Education : making the Connections
The information audit - analysis and development of information capturing methods
The information audit : a practical guide
Workplace Connections and Labor Migration: The Role of Information in Shaping Expectations
Making Connections : Reflecting on Trains, Kinship, and Information Technology
Variations and connections of the human thalamus, 1.. The nuclei and cerebral connections of the human thalamus
Study of the mutual connections among information-communication technologies, organisational learning and business performance
Connections and the allocation of public benefits
The sunflower conjecture and connections to TCS
The impact of European audit legislation on audit fees, audit quality, and the audit market : empirical investigations in the German setting
The Relationship between audit adjustments and audit quality in Iraq
Gender Nonconformity, Race, and Sexuality : Charting the Connections
Gender and Disability in Education : making the Connections
The information audit - analysis and development of information capturing methods
The information audit : a practical guide
Workplace Connections and Labor Migration: The Role of Information in Shaping Expectations
Making Connections : Reflecting on Trains, Kinship, and Information Technology
Variations and connections of the human thalamus, 1.. The nuclei and cerebral connections of the human thalamus
Study of the mutual connections among information-communication technologies, organisational learning and business performance
Connections and the allocation of public benefits
The sunflower conjecture and connections to TCS
The impact of European audit legislation on audit fees, audit quality, and the audit market : empirical investigations in the German setting
The Relationship between audit adjustments and audit quality in Iraq
Gender Nonconformity, Race, and Sexuality : Charting the Connections