Table 3. Results of the literature... | Emerald Publishing

Table 3.

Results of the literature review

	Sustainability assuror
Determinants
	Audit firm			Big Four audit firm			Financial auditor as sustainability assuror*/joint audit
Determinants [independent variable(s)]	+	−	±	+	−	±	+	−	±	Consequences for firm value [dependent variable(s)]
Governance determinants:
(1) Board composition:	5	2	11	6	1	5	0	0	0
(2) Stakeholder influence:	0	0	0	5	0	1	0	0	0
(3) Country governance:	3	1	3	1	0	7	0	0	1*
Financial determinants	1	1	2	4	0	3	0	0	0
Sustainability determinants	0	0	4	6	1	5	0	0	0
Total	9	4	20	22	2	21	0	0	1
Consequences on firm value
	Audit firm			Big Four audit firm			Financial auditor as sustainability assuror/joint audit*
	+	−	±	+	−	±	+	−	±
	5	4	8	5	0	1	3**	2**	0	Financial consequences
	4	0	6	3	1	0	2**	0	1*	Sustainability consequences
	9	4	14	8	1	1	5**	2**	1*	Total

	Sustainability assuror
Determinants
	Audit firm			Big Four audit firm			Financial auditor as sustainability assuror*/joint audit
Determinants [independent variable(s)]	+	−	±	+	−	±	+	−	±	Consequences for firm value[dependent variable(s)]
Governance determinants:
(1) Board composition:	5	2	11	6	1	5	0	0	0
(2) Stakeholder influence:	0	0	0	5	0	1	0	0	0
(3) Country governance:	3	1	3	1	0	7	0	0	1*
Financial determinants	1	1	2	4	0	3	0	0	0
Sustainability determinants	0	0	4	6	1	5	0	0	0
Total	9	4	20	22	2	21	0	0	1
Consequences on firm value
	Audit firm			Big Four audit firm			Financial auditor as sustainability assuror/joint audit*
	+	−	±	+	−	±	+	−	±
	5	4	8	5	0	1	3**	2**	0	Financial consequences
	4	0	6	3	1	0	2**	0	1*	Sustainability consequences
	9	4	14	8	1	1	5**	2**	1*	Total

Source(s): Table by author