... research relating to the cost of equity capital and audit committee ownership remain sparse in the context of “comply-or-explain” types of regulatory environment, like that of Australia. The findings indicate that principle-based discretionary governance arrangements, e.g. compensating audit committee...

...Ranjith Appuhami; Mohammed Bhuyan Purpose – The purpose of this paper is to examine the influence of corporate governance on intellectual capital (IC) in top service firms in Australia. Design/methodology/approach – Drawing on the agency theory, the paper develops hypotheses about...

... Australia that complements and extends recent studies from different country settings on characteristics, roles and effectiveness of ACs. Design/methodology/approach The sampling frame is Australian listed companies, over the years 2004 to 2009, consisting of 180 observations. The study applies multiple...

... and Jones, 2001 ; Rutherford, 2003 ; Li, 2008). Leopold Bayerlein can be contacted at: lbayerl2@une.edu.au © Emerald Group Publishing Limited 2012 Australia Financial reporting Narratives Chairmen Flesch Score Obfuscation The successful communication of financial reporting...

... advisory services Outsourcing Auditors Australia Transaction cost economics regards the firm as a governance structure while agency theory considers it to be a nexus of contracts but both theories have similar behavioural assumptions with respect to managerial discretion. Both theories are based...

... objectivity and of the current role of internal audit in ERM in Australia. ERM is defined by COSO (2004, p. 2) as: […] a process, effected by an entity's board of directors, management and other personnel, applied in strategy setting and across the enterprise, designed to identify potential events...

... Performance evaluation Australia In the aftermath of corporate scandals and the global financial crisis, corporate governance has received significant attention from regulators and the public. Regulatory responses have focused on increasing disclosure requirements relating to corporate governance...

...Nava Subramaniam; Peter Carey; Michael De Martinis; Hironori Fukukawa; Theodore J. Mock Purpose The purpose of this paper is to examine whether country (Australia or Japan) and client type (public sector or private sector) impact the auditor's client risk assessments, subsequent audit planning...

...Nava Subramaniam; Peter Carey; Won Sil Kang; Alan Kilgore; Sue Wright Purpose The purpose of this paper is to investigate the effectiveness of recommendations made by the Australian Stock Exchange (ASX) relating to audit committees in Australia, and whether they have improved financial reporting...

... agencies and the abundant rules and regulations that underpin such bureaucracies. Robert J. Grose can be contacted at: robert.grose@deakin.edu.au © Emerald Group Publishing Limited 2011 Australia Indirect government Foucault Disciplinary power Surveillance Normalization To help...

... taxonomy of communicative acts developed by Bach and Harnish (1979) to three sets of going concern standards. Antony Young can be contacted at: antony.young@rmit.edu.au © Emerald Group Publishing Limited 2010 Auditing Standards Going concern value Australia Studies so far...

... companies, when compared to Australian companies. Design/methodology/approach Theoretical arguments were drawn from institutional theory. Data for the study were collected through a questionnaire that was sent out to chief audit executives in Australia and Belgium. Findings The paper finds...

... Limited 2009 Audit committees Corporate governance Costs Stock exchanges Australia This paper examines the relationship between firm characteristics and incentives for the voluntary formation of audit committees by non‐top 500 firms listed on the Australian Stock Exchange (ASX...

.... signalling theory [1] . © Emerald Group Publishing Limited 2009 Risk management Corporate governance Australia In the aftermath of the recent corporate collapses, numerous governance initiatives have been proposed for improving corporate governance with significant emphasis placed...

... practices within the Plastics and Chemicals Industries Association, which is the pre‐eminent national body representing Australia's fourth largest manufacturing sector. Findings The study suggests a significant positive relationship between business size and both technological innovation...

... a link, if any, between the proposed strategic directions, the views expressed by the stakeholders, and the final set of strategic directions issued by Australia's Financial Reporting Council. Findings Overall, the final set of strategic directions released in April 2005 are consistent with the views...

... debated in the global arena. Purposive sample was initially adopted using Business Who's Who of Australia (Dun & Bradstreet, 1997) to search directors of public‐listed companies. Personal networks of directors supplemented this approach. Interviews were normally conducted at the interviewees' office...

... and Church, 1996 ; Jones, 1996). The second assumption is more controversial. By law in Australia, auditors are appointed by shareholders. However, managers may exert considerable influence over auditor appointments. Incumbent auditors could be dismissed by managers without consulting shareholders...

... useful life. Lamond (1995, p. 68) also argues that, “there is no explanation for the magical 20 year selection of the maximum amortisation period for goodwill in Australia”. Australian‐based companies were potentially disadvantaged in comparison to overseas companies not subject to a 20‐year maximum...

... reports Social environment Australia First, the organization can adapt its output, goals and methods of operation to conform to prevailing definitions of legitimacy. Second, the organization can attempt, through communication, to alter the definition of social legitimacy so that it conforms...