Explores the impact that recent fraudulent financial reporting has had on the capital markets. Attempts to examine the stock market reaction, both to return and risk, to fraudulent financial reporting that has occurred in major corporations during the decade 1990‐1999. Finds that capital...

Purpose – Corporate governance empirical studies have primarily focused on the effects of corporate characteristics on market value, discretionary accruals, voluntary disclosure and firm performance. Nevertheless, corporate governance characteristics and the legal system of investor protection...

Purpose – The purpose of this paper is to stimulate debates about contemporary auditing practices. Design/methodology/approach – The paper builds a generalised theory of auditing to pose some questions about the basic auditing model, notions of audit quality and the possibility that some...

Purpose – The purpose of this paper is to investigate the perceptions of auditor independence between auditors, bank‐loan officers, and financial analysts in Bahrain. Design/methodology/approach – This study examines the effect of 41 independence‐enhancing and – threatening Factors on...

Purpose – The purpose of this paper is to examine the extent of corporate tax evasion and its implications on the protection of the shareholders and on the function of the capital market. Design/methodology/approach – The extent of tax evasion of the Greek public companies is estimated on...

Purpose – The purpose of this study is to examine whether the level of voluntary disclosure affects firm value in the Chinese capital market. It also investigates whether voluntary disclosure and the values of Chinese firms are influenced by the global financial crisis (GFC)....

Purpose – The purpose of this paper is to examine the association between audit quality and value relevance of representative accounting measures, such as earnings and book value of equity. Design/methodology/approach – The authors estimate the standard value relevance equations and the...

Purpose – The purpose of this paper is to investigate the perceptions of auditor independence between auditors, bank-loan officers, and financial analysts in Bahrain. Design/methodology/approach – This study examines the effect of 41 independence-enhancing and – threatening Factors on the...

Purpose – The purpose of this paper is to stimulate debates about contemporary auditing practices. Design/methodology/approach – The paper builds a generalised theory of auditing to pose some questions about the basic auditing model, notions of audit quality and the possibility that some...

Purpose – The purpose of this study is to examine whether the level of voluntary disclosure affects firm value in the Chinese capital market. It also investigates whether voluntary disclosure and the values of Chinese firms are influenced by the global financial crisis (GFC)....