... is based on a field survey of financial auditors employed by audit firms operating in Sweden. Findings The study finds relationships between three ethical culture factors and reduced audit quality acts. The ethical environment and the use of penalties to enforce ethical norms are negatively related...

... if the expected agency costs are high. Design/methodology/approach The sample consists of 772 firm‐year observations from Sweden where the ownership patterns are highly concentrated. The hypotheses are tested using multivariate regression analyses. Findings Empirical findings reveal that higher levels...

... companies in Sweden in 2007 and partly on data collected from the responding companies' annual reports. The sample consists of 91 Swedish listed companies, of which 39 companies had to follow the Swedish Corporate Governance Code. Thus, our study also provides insights into the determinants of the chosen...

... Usefulness to external stakeholders Structural equation model LISREL Sweden Auditing External auditing It is claimed that auditors have divided loyalties (Bazerman et al., 1997 ; Jenkins and Lowe, 1999 ; Mayhew et al., 2001 ; Öhman et al., 2006). They must serve...

... companies and companies traded at the stock exchange in Sweden, Stockholmsbörsen. Such companies may also be those that most often need a license to operate or have an obligation to report according to the environmental code. As a consequence, the authorized public accountants more often come across...

... strategies must be tied to broad business and positioning strategies and should be part of the organization’s mission/vision statements. © MCB UP Limited 2001 Competitive strategy Performance Positioning Banking Sweden A primary purpose of management and marketing strategy...

... the modern corporation. The need for an audit of management was recognised in the UK as early as 1932 (Rose, 1944). However, the collective effort, pooling of capital and calls for an account of stewardship had much earlier roots in what is now the Kingdom of Sweden. Auditing has existed for centuries...

... for an override provision if financial reality is to be presented in the annual accounts. It appears that global companies with headquarters in Sweden will continue to reconcile their Swedish accounts to US or International GAAP in order to present their companies in a comparable manner even though these could...

...G. Rune Berggren Public sector audit has been expanding worldwide. Sweden has developed “effectiveness audit” — starting with goal analysis and working through the audit of management systems and operations — as its way of examining how well public organisations function. A crucial lesson has been...