Will Audit Background Executives Affect the Quality of Corporate Disclosure?

Based on the Empirical Evidence of Chinese Manufacturing Listed Companies

DOI

10.2991/978-94-6463-256-9_70How to use a DOI?

Keywords

Audit Background Executives; Disclosure Quality; Ordered Logit Model; Nature of Ownership; Corporate Governance

Abstract

Based on the theory of senior management echelon and the theory of behavioral consistency, this paper holds that the background characteristics of audit background senior managers are unique because of their identity transformation from the supervisor to the regulated. It is necessary to further study the relationship between audit background executives and the quality of accounting information disclosure. This paper selects A-share listed companies in Shenzhen manufacturing industry from 2015 to 2018 as the research object, uses ordered logit model to analyze the impact of audit background executives on the quality of enterprise information disclosure, and integrates the property right nature to test the difference between them. The results show that: there is a significant negative correlation between the audit background and the quality of corporate information disclosure; at the same time, under the condition of distinguishing the nature of corporate property rights, there are differences in the impact of audit background executives on the quality of corporate information disclosure. In contrast, the negative effect of audit background executives on the quality of information disclosure in non-state-owned enterprises is more significant. This paper expands the research fields of the characteristics of senior executives’ professional background and the quality of information disclosure, enriches the literature of the economic consequences of senior executives with audit background, and provides useful policy reference for improving the cost of violation of laws and regulations and the quality of information disclosure, and promoting the healthy and orderly development of capital market.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Qing Peng
AU  - Guanghui Zhang
PY  - 2023
DA  - 2023/10/09
TI  - Will Audit Background Executives Affect the Quality of Corporate Disclosure?
BT  - Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)
PB  - Atlantis Press
SP  - 696
EP  - 705
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-256-9_70
DO  - 10.2991/978-94-6463-256-9_70
ID  - Peng2023
ER  -