Note(s): The table presents the relation between corporate integrity culture and financial reporting restatement. The dependent variable is accounting restatement (Hennes et al., 2008). The independent variables of interest are Corporate Integrity in Columns (1) and (2) and Corporate Integrity Dummy in Columns (3) and (4). The independent variables of the logistic regression also include firm size (Market Value of Equity), financial leverage (Book Leverage), profitability (Return on Assets), accounting loss (Loss), market-to-book ratio (Market-to-Book), restructuring (Restructuring Charge), special items (Special Items), mergers and acquisitions indicator (M&A), foreign transaction indicator (Foreign Transaction), equity issuance indicator (New Issuance), the log of firm age (Firm Age), litigation dummy (Litigiousness), assets scaled intangible assets (Intangible Assets), capital intensity (Capital Intensity) and interest coverage ratio (Interest Coverage) based upon prior research (Hennes et al., 2008). Other variables are defined in Appendix A. The regressions also include year fixed effects and firm fixed effects. t-statistics is based on standard errors adjusted for heteroscedasticity and clustered at the firm level. *, ** and *** denote significance at the 10%, 5% and 1% levels, respectively