The association between institutional monitoring, political connections and audit report lag: evidence from the Malaysian capital market

IF 3.2 Q1 BUSINESS, FINANCE Journal of Accounting in Emerging Economies Pub Date : 2024-06-19 DOI:10.1108/jaee-08-2023-0238
Ameen Qasem
{"title":"The association between institutional monitoring, political connections and audit report lag: evidence from the Malaysian capital market","authors":"Ameen Qasem","doi":"10.1108/jaee-08-2023-0238","DOIUrl":null,"url":null,"abstract":"<h3>Purpose</h3>\n<p>This study aims to examine the association between institutional investors’ ownership (IOW), politically connected firms (POCF) and audit report lag (AUDRL).</p><!--/ Abstract__block -->\n<h3>Design/methodology/approach</h3>\n<p>This study employs a feasible generalised least squares (FGLS) model for panel data to examine the association between IOW, POCF and AUDRL for Malaysian publicly listed companies.</p><!--/ Abstract__block -->\n<h3>Findings</h3>\n<p>The findings reveal a statistically significant negative relationship between IOW and AUDRL, with this negative relationship being more pronounced amongst POCF. Additionally, the results demonstrate that the relationship between IOW and AUDRL varies depending on the domicile of IIs (local vs. foreign). Specifically, local institutional investors exhibit a negative and statistically significant relationship with AUDRL, whilst foreign institutional investors show a positive and statistically significant relationship with AUDRL.</p><!--/ Abstract__block -->\n<h3>Originality/value</h3>\n<p>The results of this study provide a new understanding of auditor responses to institutional investor monitoring and political connections (PCs) in an emerging economy.</p><!--/ Abstract__block -->","PeriodicalId":45702,"journal":{"name":"Journal of Accounting in Emerging Economies","volume":"65 1","pages":""},"PeriodicalIF":3.2000,"publicationDate":"2024-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Accounting in Emerging Economies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/jaee-08-2023-0238","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0

Abstract

Purpose

This study aims to examine the association between institutional investors’ ownership (IOW), politically connected firms (POCF) and audit report lag (AUDRL).

Design/methodology/approach

This study employs a feasible generalised least squares (FGLS) model for panel data to examine the association between IOW, POCF and AUDRL for Malaysian publicly listed companies.

Findings

The findings reveal a statistically significant negative relationship between IOW and AUDRL, with this negative relationship being more pronounced amongst POCF. Additionally, the results demonstrate that the relationship between IOW and AUDRL varies depending on the domicile of IIs (local vs. foreign). Specifically, local institutional investors exhibit a negative and statistically significant relationship with AUDRL, whilst foreign institutional investors show a positive and statistically significant relationship with AUDRL.

Originality/value

The results of this study provide a new understanding of auditor responses to institutional investor monitoring and political connections (PCs) in an emerging economy.

查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
机构监督、政治关系与审计报告滞后之间的关联:来自马来西亚资本市场的证据
本研究旨在探讨机构投资者所有权(IOW)、政治关联公司(POCF)与审计报告滞后(AUDRL)之间的关联。本研究采用可行的广义最小二乘法(FGLS)面板数据模型,探讨马来西亚上市公司的 IOW、POCF 与 AUDRL 之间的关联。此外,研究结果表明,IOW 与 AUDRL 之间的关系因机构投资者的注册地(本地与外国)而异。具体而言,本地机构投资者与 AUDRL 呈负相关,且在统计上有显著关系,而外国机构投资者与 AUDRL 呈正相关,且在统计上有显著关系。
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
CiteScore
5.80
自引率
13.00%
发文量
38
期刊最新文献
Board monitoring and corporate disclosure: the role of the institutional environment and firm-level governance School ties between external auditors and audit committee: evidence from the audit fee in Indonesia Improving the prediction of firm performance using nonfinancial disclosures: a machine learning approach Intersubjectivity on organizational goal congruence and performance measurement process: evidence from an Indonesian firm The association between institutional monitoring, political connections and audit report lag: evidence from the Malaysian capital market
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1