The association between human resource investment in IT controls over financial reporting and investment efficiency

IF 4.1 3区管理学 Q2 BUSINESS International Journal of Accounting Information Systems Pub Date : 2021-12-01 DOI:10.1016/j.accinf.2021.100534

Dongjoon Choi , Hansol Lee , Ho-Young Lee , Hyun-Young Park

{"title":"The association between human resource investment in IT controls over financial reporting and investment efficiency","authors":"Dongjoon Choi , Hansol Lee , Ho-Young Lee , Hyun-Young Park","doi":"10.1016/j.accinf.2021.100534","DOIUrl":null,"url":null,"abstract":"<div><p>This study investigates the association between human resource investment in information technology (IT) controls over financial reporting and its investment efficiency. To conduct the analysis, it uses novel hand-collected data on the number of IT control personnel. In particular, it uses the ratio of <span>(1)</span> the number of IT control personnel, <span>(2)</span> the number of IT control personnel who are certified public accountants to the total number of employees in a firm, and <span>(3)</span> the natural logarithm of average working experience of IT control personnel in months as a proxy for human resource investment in IT controls. This study finds that such investment is negatively associated with the firm's abnormal investment, suggesting that investing in IT control personnel enhances a firm's investment efficiency. Furthermore, not only quantitative but also qualitative investment in IT control personnel improves investment efficiency. We also find that the association between human resource investment in IT controls and a firm's investment efficiency is more pronounced for firms with lower financial reporting quality and information environment. The results of this study provide useful implications for management, regulators, and market participants, as they demonstrate the positive role of investment in IT control personnel on the firm's internal decision.</p></div>","PeriodicalId":47170,"journal":{"name":"International Journal of Accounting Information Systems","volume":"43 ","pages":"Article 100534"},"PeriodicalIF":4.1000,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"6","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Accounting Information Systems","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1467089521000361","RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}

引用次数: 6

Abstract

This study investigates the association between human resource investment in information technology (IT) controls over financial reporting and its investment efficiency. To conduct the analysis, it uses novel hand-collected data on the number of IT control personnel. In particular, it uses the ratio of (1) the number of IT control personnel, (2) the number of IT control personnel who are certified public accountants to the total number of employees in a firm, and (3) the natural logarithm of average working experience of IT control personnel in months as a proxy for human resource investment in IT controls. This study finds that such investment is negatively associated with the firm's abnormal investment, suggesting that investing in IT control personnel enhances a firm's investment efficiency. Furthermore, not only quantitative but also qualitative investment in IT control personnel improves investment efficiency. We also find that the association between human resource investment in IT controls and a firm's investment efficiency is more pronounced for firms with lower financial reporting quality and information environment. The results of this study provide useful implications for management, regulators, and market participants, as they demonstrate the positive role of investment in IT control personnel on the firm's internal decision.

查看原文

微信好友朋友圈 QQ好友复制链接

本刊更多论文

对财务报告的IT控制中的人力资源投资与投资效率之间的关联

本研究探讨财务报告资讯科技(IT)控制之人力资源投资与其投资效率之间的关系。为了进行分析，它使用了新的手工收集的it控制人员数量数据。特别是，它使用(1)it控制人员的数量，(2)注册会计师的it控制人员与公司员工总数的比例，以及(3)it控制人员每月平均工作经验的自然对数作为it控制人力资源投资的代理。本研究发现，IT控制人员的投资与企业的异常投资呈负相关，说明IT控制人员的投资提高了企业的投资效率。此外，对IT控制人员的定量投资和定性投资可以提高投资效率。我们还发现，对于财务报告质量和信息环境较低的企业，IT控制方面的人力资源投资与企业投资效率之间的关联更为明显。本研究的结果为管理层、监管者和市场参与者提供了有益的启示，因为它们证明了IT控制人员的投资对公司内部决策的积极作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文去求助

来源期刊

International Journal of Accounting Information Systems Multiple-

CiteScore

9.00

自引率

6.50%

发文量

期刊介绍： The International Journal of Accounting Information Systems will publish thoughtful, well developed articles that examine the rapidly evolving relationship between accounting and information technology. Articles may range from empirical to analytical, from practice-based to the development of new techniques, but must be related to problems facing the integration of accounting and information technology. The journal will address (but will not limit itself to) the following specific issues: control and auditability of information systems; management of information technology; artificial intelligence research in accounting; development issues in accounting and information systems; human factors issues related to information technology; development of theories related to information technology; methodological issues in information technology research; information systems validation; human–computer interaction research in accounting information systems. The journal welcomes and encourages articles from both practitioners and academicians.