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1
Farboodi, Maryam, Roxana Mihet, Thomas Philippon i Laura Veldkamp. "Big Data and Firm Dynamics". AEA Papers and Proceedings 109 (1.05.2019): 38–42. http://dx.doi.org/10.1257/pandp.20191001.
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We study a model where firms accumulate data as a valuable intangible asset. Data accumulation affects firms' dynamics. It increases the skewness of the firm size distribution as large firms generate more data and invest more in active experimentation. On the other hand, small data-savvy firms can overtake more traditional incumbents, provided they can finance their initial money-losing growth. Our model can be used to estimate the market and social value of data.
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Ghosh, Aloke (Al), i Subprasiri (Jackie) Siriviriyakul. "Quasi Rents to Audit Firms from Longer Tenure". Accounting Horizons 32, nr 2 (1.02.2018): 81–102. http://dx.doi.org/10.2308/acch-52035.
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SYNOPSIS We offer an economic explanation for why audit firms oppose mandatory firm rotation. Using an innovative sample that overcomes sample selection biases, we find that fees for Big 4 audit firms increase noticeably over the audit firm's tenure. In contrast, fees for non-Big 4 audit firms decline as tenure lengthens. Using audit report lag as a proxy for audit cost, we find that audit cost declines over the audit firm's tenure, and this decline is even larger for Big 4 auditors. Our results indicate that Big 4 engagements become more profitable or earn “quasi rents” over time, which may explain why Big 4 audit firms are so opposed to firm- but not partner-rotation. Whether non-Big 4 auditors earn any quasi rents remains doubtful. Our findings suggest a need to better monitor auditor independence and audit judgments when tenure is long, especially for Big 4 auditors, because economic bonding between the audit firm and client tends to increase over time. JEL Classifications: M40; M42.
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Gul, Ferdinand A., Gaoguang (Stephen Zhou i Xindong (Kevin Zhu. "Investor Protection, Firm Informational Problems, Big N Auditors, and Cost of Debt around the World". AUDITING: A Journal of Practice & Theory 32, nr 3 (1.03.2013): 1–30. http://dx.doi.org/10.2308/ajpt-50462.
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SUMMARY: This paper examines the effects of investor protection, firm informational problems (proxied by firm size, firm age, and the number of analysts following), and Big N auditors on firms' cost of debt around the world. Using data from 1994 to 2006 and over 90,000 firm-year observations, we find that the cost of debt is lower when firms are audited by Big N auditors, especially in countries with strong investor protection. Second, we find that firms with more informational problems (i.e., higher information asymmetry problems) benefit more from Big N auditors in terms of lower cost of debt only in countries with stronger investor protection. JEL Classifications: G14; G15; G32; K22; M42.
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Che, Limei, Ole-Kristian Hope i John Christian Langli. "How Big-4 Firms Improve Audit Quality". Management Science 66, nr 10 (październik 2020): 4552–72. http://dx.doi.org/10.1287/mnsc.2019.3370.
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This paper studies whether and how Big-4 firms provide higher-quality audits than non-Big-4 firms. Specifically, we first examine a Big-4 effect and then explore three sources of the Big-4 effect. To test the Big-4 effect, we use a unique data set of individual audit partners for a large sample of private companies and a novel research design exploiting the fact that auditees may follow the auditor who switches affiliation from a non-Big-4 firm to a Big-4 firm. Thus, we compare audit quality and audit fees of the same partner–auditee pairs before and after the switch. The results show that the Big-4 effect exists in the private-firm segment. More important, we find evidence for three sources of the Big-4 effect. First, Big-4 firms are able to recruit non-Big-4 partners who deliver higher audit quality than other non-Big-4 partners in the preswitch period. Second, enhanced learning has taken place after the switch. Third, the increased audit quality can also be attributed to stronger incentives/monitoring. These are new findings to the literature. This paper was accepted by Suraj Srinivasan, accounting.
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E. Prescott, Michael. "Big Data: Innovation and Competitive Advantage in an Information Media Analytics Company". Journal of Innovation Management 4, nr 1 (4.05.2016): 92–113. http://dx.doi.org/10.24840/2183-0606_004.001_0007.
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The advent of technology has allowed for the capture of large volumes of data from a variety of sources. This has led to an ever-increasing number of firms collecting large amounts of data with the belief that this will give the firm an advantage over its competitors. However, the question is, does big data by itself really lead to firm advantage? And if not, how can firms gain an advantage from big data? This paper investigates the role that big data plays in innovation and firm advantage. Using the Resource-Based View and Dynamic Capabilities framework, this paper looks at how a firm can gain an advantage from big data. Through the analysis of a case-study concerning a global information/media analytics company, this paper provides an example of how to build a capability in Digital Data Generation that can lead to improved product or service innovation, and possibly help a firm gain an advantage over its competitors.
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Cannon, Nathan H., David N. Herda i Thomas M. Puffer. "Big 4 Alumni's Attitudes and Behavior Toward their Former Firm". Current Issues in Auditing 14, nr 1 (22.10.2019): P10—P15. http://dx.doi.org/10.2308/ciia-52642.
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SUMMARY This article summarizes a recently published academic study (Cannon, Herda, and Puffer 2019) that examines factors associated with Big 4 alumni's proclivity to benefit their former firm by recommending the firm to others as a potential service provider or employer (i.e., post-employment citizenship). Based on social exchange theory, our study predicts and finds that alumni who perceive their firm treated them fairly and supported them during their time with the firm are more committed to the firm, and therefore more likely to engage in post-employment citizenship. Although we find that firm commitment decreases after individuals exit the firm, our results suggest that the firm's alumni outreach efforts (both formal and informal) can help soften this decline. Practical implications for audit firms are discussed.
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Anwar, Muhammad, Sher Zaman Khan i Syed Zulfiqar Ali Shah. "Big Data Capabilities and Firm’s Performance: A Mediating Role of Competitive Advantage". Journal of Information & Knowledge Management 17, nr 04 (grudzień 2018): 1850045. http://dx.doi.org/10.1142/s0219649218500454.
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Big data (BD) capabilities have now grabbed the attention of strategic management researchers because of their significant role in firm’s performance and success. Nonetheless, very little empirical evidence has so far been put forward about the contribution of BD capabilities towards a firm performance and Competitive Advantage (CA). This research examines the impact of Big Data Technological Capabilities (BDTC) and Big Data Personal Capabilities (BDPC) on firms’ performance with a mediating role of CA among the firms operating in the world’s top emerging economy such as China. Data were collected through structured questionnaires using a sample size of 312 firms. The hypotheses were tested in AMOS.21 using Structural Equation Modelling (SEM). The results indicate that BDTC and BDPC have significant positive impact on firm performance and CA and there is also significant positive relationship between CA and firm performance. The study highlights that CA partially mediates the relationship between BDTC and firm performance as well as between BDPC and firm performance. Hence, BD-oriented firms achieve CA which in turn leads to superior performance in dynamic markets. This study discussed implications for managerial practices.
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Morris, Roselyn E., i Jerry R. Strawser. "An Examination of the Effect of CPA Firm Type on Bank Regulators' Closure Decisions". AUDITING: A Journal of Practice & Theory 18, nr 2 (1.09.1999): 143–58. http://dx.doi.org/10.2308/aud.1999.18.2.143.
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This study examines the effect of CPA firm type on regulators' decisions with respect to the closure of banks. Using a sample of 116 closed and 116 nonclosed banks in the state of Texas during 1990–1991, we estimate regression models which include (1) financial characteristics of the sample banks, (2) other characteristics of the sample banks, (3) the type of auditor's opinion received by the bank (with respect to the bank's ability to continue as a going concern), and (4) the CPA firm type (Big 6 vs. non-Big 6). Our results indicate that banks receiving modified opinions from Big 6 firms were more likely to be continued (not closed) by regulators than those receiving modified opinions from non-Big 6 firms. In contrast, banks receiving nonmodified opinions from non-Big 6 firms were more likely to be closed than those receiving nonmodified opinions from Big 6 firms. These findings indicate that, ceteris paribus, banks audited by Big 6 firms are more likely to be continued, consistent with regulators' perceptions that economic reporting incentives may result in Big 6 firms being more likely to modify their opinions to reflect going-concern uncertainties.
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Wu, Chuanrong, Xiaoming Yang, Veronika Lee i Mark E. McMurtrey. "Influence of Venture Capital and Knowledge Transfer on Innovation Performance in the Big Data Environment". Journal of Risk and Financial Management 12, nr 4 (12.12.2019): 188. http://dx.doi.org/10.3390/jrfm12040188.
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Technological innovation requires large investments. Venture capital (VC) is a prominent financial source for innovative start-ups. A venture capitalist will inevitably transfer knowledge to facilitate the innovation of a firm while monitoring and advising its portfolio companies. Only when a firm has its own valuable new knowledge and high growth potential would venture capitalists select it. At the same time, big data knowledge, such as customer demands and user preferences, is also important for the new product development of a firm in the big data environment. Therefore, private knowledge transferred from venture capitalists, new knowledge developed independently by a firm itself, and big data knowledge are the three main types of knowledge for venture-backed firms in the big data environment. To find the influences of VC and knowledge transfer on the innovative performance of venture-backed firms, a model of maximizing the present value of the expected profit of new product innovation performance of a venture-backed firm in the big data environment is presented. The model can help venture capitalists to determine the scale of investment and the optimal exit time and predict the internal rate of return (IRR). This model can also help innovative start-ups to illustrate the value and prospects of a project to attract investment in their business prospectus.
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Shao, Xu. "An Empirical Study of the Role of Big Data Analytics in Corporate Decision Making". Journal of Global Information Management 31, nr 6 (13.04.2023): 1–19. http://dx.doi.org/10.4018/jgim.321176.
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Bounded rationality prevents firms from achieving their full potential. However, intelligent solutions can help eliminate bias in decision making. This study examines whether biases diminish or disappear when novel and powerful digital resources, such as big data analytics, are applied in management practice. The authors use a massive matched database of 1,942 large Chinese firms to find significant and positive effects of data processing frequency on high-level metrics of rational decision-making outcomes, such as productivity and profitability. Moreover, the increase in between-firm variance is the result of both differences in firm characteristics and a widening gap in their workflows and coordinating mechanisms. Heterogeneity can effectively explain 13.18% of the marginal effect of big data analytics on firm metrics, such as productivity and profitability. The results also indicate that the human capital of the C-suite partially mediates the link between big data analytics and firm performance.
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Bills, Kenneth L., i Lauren M. Cunningham. "How Small Audit Firm Membership in Associations, Networks, and Alliances Can Impact Audit Quality and Audit Fees". Current Issues in Auditing 9, nr 2 (1.12.2015): P29—P35. http://dx.doi.org/10.2308/ciia-51278.
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SUMMARY This article summarizes “Small Audit Firm Membership in Associations, Networks, and Alliances: Implications for Audit Quality and Audit Fees” (Bills, Cunningham, Myers 2015), which examines the association between small audit firm membership in an association, network, or alliance (collectively referred to as an “association”), audit quality, and audit fees. We find that small audit firm association members provide higher-quality audits and charge higher fees than small audit firms that are not members of an association. When compared to similarly sized clients audited by the Big 4, we find that member firms provide audit quality similar to the Big 4 firms, but member firms charge lower fees than their Big 4 counterparts. We caution that these results may not be generalizable to the largest Big 4 clients for which there is not a similarly sized client audited by our sample of small audit firms. We infer audit quality from Public Company Accounting Oversight Board inspections, restatement announcements, and discretionary accruals. Our findings should be of interest to audit committees in charge of auditor selection and to small audit firms interested in the benefits of association membership.
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Allen, Robert D., i Randal J. Elder. "A Longitudinal Investigation of Auditor Error Projection Decisions". AUDITING: A Journal of Practice & Theory 24, nr 2 (1.11.2005): 69–84. http://dx.doi.org/10.2308/aud.2005.24.2.69.
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We investigate auditor error projection decisions based on a sample of audit sampling applications collected from the inventory and accounts receivable workpapers from three large firms for audits during 1994 and 1999. We find an overall decline in the rate of error projection, consistent with the argument that audit quality declined during the period. Error projection rates declined for both Big 5 firms in the sample, but increased for the non-Big 5 regional firm. The results also suggest significant individual firm changes in the treatment of nonprojected errors. The use of immateriality as a justification to not project errors increased significantly for one of the firms in our sample and decreased significantly for another firm. The use of containment procedures to resolve large audit differences increased significantly for one firm in our sample. Individual firm differences in error projection and use of immateriality and containment procedures appear to be sensitive to the review process and individual audit firm characteristics. These results indicate that certain audit judgments differ among firms and within firms across time.
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Ilmudeen, Aboobucker. "Big data analytics capability and organizational performance measures: The mediating role of business intelligence infrastructure". Business Information Review 38, nr 4 (23.11.2021): 183–92. http://dx.doi.org/10.1177/02663821211055321.
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The growing importance of big data has headed enterprises to advance their big data analytics capability to strengthen their firm performance. This study tests how big data capability impact on business intelligence infrastructure to achieve firm performance measures such as operational performance and marketing performance. This study is based on the recent literature on the knowledge-based view, big data capability, IT capability, and business intelligence. The primary survey of 272 responses from Chinese firms’ IT managers and big data analysts are used to uncover the relationship in the proposed model. The finding shows that the big data analytics capability significantly impacts on business intelligence infrastructure that in turn positively impact on operational performance and marketing performance. Further, the business intelligence infrastructure partially mediates between big data analytics capability and operational performance, and fully mediates between big data analytics capability and marketing performance. This research contributes to the information systems literature such as big data analytic capability, business intelligence, and firm performance measures, and thus offers grounds to extend more widespread studies in this field. This study adds to the literature on the theory and practical bases for big data capability and business intelligence infrastructure.
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Chaney, Paul K., Debra C. Jeter i Lakshmanan Shivakumar. "Self-Selection of Auditors and Audit Pricing in Private Firms". Accounting Review 79, nr 1 (1.01.2004): 51–72. http://dx.doi.org/10.2308/accr.2004.79.1.51.
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Prior research has examined audit pricing for publicly held firms and provided some evidence of a Big 8 premium in pricing. We investigate audit pricing among private firms, and provide evidence that private firms do not pay such a premium on average. The relatively greater degree of dispersion in auditor choice (between Big 5 and non-Big 5 auditors) in our large sample of privately held audit clients allows us to predict the auditor choice for each firm and to control for potential self-selection. We reject the null hypothesis that clients are randomly allocated across Big 5 and non-Big 5 auditors. Using standard OLS regressions, we document a Big 5 premium; however this premium vanishes once we control for self-selection bias. Moreover, we find that client firms choosing Big 5 auditors generally would have faced higher fees had they chosen non-Big 5 auditors, given their firm-specific characteristics. Our results are consistent with audit markets for private firms being segmented along cost-effective lines. Further, our results suggest that auditees in our setting do not, on average, view Big 5 auditors as superior in terms of the perceived quality of the services provided to a degree significant enough to warrant a fee premium.
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Pancić, Mladen, Dražen Ćućić i Hrvoje Serdarušić. "Business Intelligence (BI) in Firm Performance: Role of Big Data Analytics and Blockchain Technology". Economies 11, nr 3 (21.03.2023): 99. http://dx.doi.org/10.3390/economies11030099.
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The analysis of the causes or drivers of the adoption of big data analytics and blockchain and their subsequent influence on firm performance has become a significant need as a direct result of the rapidly expanding popularity of business intelligence. The purpose of this research is to present a model that investigates the direct and indirect influence of business intelligence on firm performance through the mediating roles of the adoption of big data analytics and blockchain. The analysis is based on data collected from a representative sample of 387 employees from 12 Information technology (IT) firms operating in Croatia. The study investigates these connections using a structural equation modeling. The findings showed that business intelligence has a direct and significant influence on firm performance. In addition, business intelligence significantly and positively influenced the adoption of big data analytics and blockchain and, in turn, firm performance. Additionally, the adoption of big data analytics and blockchain technology signified and positively mediated the relationship between business intelligence and firm performance. Both the mediations were partial. Finally, the study also provides managerial implications, limitations and future directions.
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Geiger, Marshall A., i Dasaratha V. Rama. "Audit Firm Size and Going-Concern Reporting Accuracy". Accounting Horizons 20, nr 1 (1.03.2006): 1–17. http://dx.doi.org/10.2308/acch.2006.20.1.1.
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Prior research suggests that the Big 4 audit firms are of higher quality than are non-Big 4 firms. However, existing tests for an association between audit firm size and reporting accuracy are indirect and provide mixed results. Our study extends this line of research by examining whether the Big 4 audit firms exhibit higher quality reporting by having fewer “audit-reporting errors” in the context of issuing going-concern modified reports. Our analyses examine both types of going-concern reporting errors (i.e., type I errors—modified opinions rendered to subsequently viable clients; and type II errors—unmodified opinions rendered to subsequently bankrupt clients) over an 11-year period. We also examine reporting error rate differences between the national second-tier firms and regional/local third-tier firms. Our findings indicate that both type I and type II error rates for Big 4 audit firms are significantly lower compared to non-Big 4 firms. In contrast, we find no significant differences between the national second-tier and regional/local third-tier audit firms with respect to either type of reporting error. Our results provide evidence about a Big 4 audit quality difference in reporting on client's going-concern problems.
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Sarbhai, Archana, i Vivek Khare. "Leveraging Big Data for Enhanced Strategic Planning and Improved Firm Performance: A Study of Indian Organizations". Metamorphosis: A Journal of Management Research 23, nr 1 (czerwiec 2024): 77–89. http://dx.doi.org/10.1177/09726225241249525.
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This research article investigates the impact of big data usage on firm performance in the dynamic context of Indian organizations. With a focus on understanding how these organizations leverage big data techniques to enhance various functional areas and the role of strategic planning within this framework, the study contributes to bridging existing knowledge gaps. The study employs the dynamic capability view theory to explore the intricate relationship between big data resources, data analysis capabilities, and competitive advantage in the Indian business ecosystem. Through a comprehensive analysis of empirical data from diverse Indian organizations, the research aims to provide practical insights into the relationship between big data usage and firm performance. The findings not only guide Indian firms in optimizing their utilization of big data but also offer valuable information for policymakers and industry stakeholders. The study further delves into the mediating role of strategic planning in the relationship between big data usage and firm performance. This research article not only contributes to the theoretical foundations of big data analytics and strategic planning but also offers practical guidance for Indian organizations seeking to harness the full potential of these capabilities for enhanced firm performance. The findings underscore the transformative power of big data and emphasize the need for strategic planning to fully capitalize on this transformative potential in the Indian business context.
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Lam, Nguyen Thanh. "THE IMPACTS OF BOARD CHARACTERISTICS AND FIRM SIZE ON FIRMS’ PERFORMANCE: EVIDENCE FROM VIETNAMESE LISTED FIRMS (HOSE)". International Journal of Social Science and Economic Research 09, nr 04 (2024): 915–34. http://dx.doi.org/10.46609/ijsser.2024.v09i04.001.
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This study examines the impacts of board characteristics and firm size on firm performance: evidence from Vietnamese listed firms (HOSE) for the 2016-2020 period. The study controls for endogeneity and simultaneously problems using the dynamic panel technique of Generalized Method of Moments (GMM) with a data set of 344 companies (1,339 observations) in all industries excluding financial institutions. The research results show that board size (BSI), CEO duality (CEO), big 4 audit (B4A) and firm size (FIS) have significant position relationships with firms’ performance while there is a negative correlation between Board gender diversity (BGD) and firms’ performance. The data also reveal that the lagged dependent variable in the estimated model is significant in explaining the connection of board gender diversity, firm size and big 4 audit, indicating that the estimation models in our study are reasonable.
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Bills, Kenneth L., i Nathaniel M. Stephens. "Spatial Competition at the Intersection of the Large and Small Audit Firm Markets". AUDITING: A Journal of Practice & Theory 35, nr 1 (1.05.2015): 23–45. http://dx.doi.org/10.2308/ajpt-51159.
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SUMMARY In this paper, we study spatial competition in the U.S. audit market while accounting for its two-tiered nature. We provide evidence on the differential impact that market share distances within and between the players in the large and small audit markets have on competition. We find that the market share distance from small audit firm competitors has a greater effect on the Big 4's audit fees than distances from other Big 4 competitors. This finding suggests that small audit firms play a significant part in the competitive landscape in local markets. Further, we find that audit fees are increasing with the distance between a small audit firm and its closest competing small audit firm while audit fees are decreasing with the distance between a small audit firm and its closest competing large audit firm. This suggests that while obtaining separation in market space from competing small audit firms reduces competitive pressure from other small audit firms, as a small audit firm gets closer to the market space of a large audit firm it is perceived as being more like the larger audit firm and is able to obtain a fee premium like that attained by the larger audit firms. JEL Classifications: M4; M40; M41; M42; M49.
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Chan, Kam C., Barbara Farrell i Patricia Healy. "Audit Firm Rotation Concerns And Considerations". Journal of Applied Business Research (JABR) 30, nr 1 (30.12.2013): 227. http://dx.doi.org/10.19030/jabr.v30i1.8297.
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The Public Company Accounting Oversight Board (PCAOB) issued a concept release in 2011 which proposes a mandatory audit firm rotation. However, PCAOB indicates that there is a limited amount of empirical data and research evidence on the potential costs and benefits of such mandatory audit firm rotation. This study provides some empirical evidences related to PCAOBs concerns. Specifically, we find that the largest clients audited by Big 4 accounting firms have few material internal control weaknesses and accounting restatements. In addition, accounting restatements are often reported within four years after the beginning of accounting errors and are reported by the same auditor during the restatement period. These findings cast doubt on the benefit of mandatory audit firm rotation. We also find that the largest audit clients on average represent over 20% of the audit revenues of local offices of Big 4 accounting firms. Thus, mandatory audit firm rotations could significantly disrupt the normal operations of public accounting firms if audit clients are required to change auditors periodically.
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Olowookere, Johnson Kolawole, Quadri Adebayo Lawal i Akeem Adetunji Siyanbola. "Implications of Audit Quality on Agency Conflicts: Evidence from Nigeri". Studies in Business and Economics 26, nr 1 (15.06.2023): 5–27. http://dx.doi.org/10.29117/sbe.2023.0139.
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This study examined the link between audit quality and agency costs in Nigeria corporate environment. Specifically, the study examined the way audit quality represented by audit firm size affect agency conflicts represented by asset utilization rate, and whether timeliness of the audit report alters the nexus between audit quality and agency conflicts in Nigeria. The data were collected from seventy-three (73) listed non-financial firms who consistently published their annual reports between 2010 and 2019 out of the one hundred and twelve (112) non-financial firms listed on the Nigerian Stock Exchange as of 31st December 2020. Descriptive statistics tools of mean and standard deviation as well as correlation analysis were used for preliminary analysis while fixed effect panel regression was used for the multivariate analysis. Feasible generalize least square was used to estimate the model for robustness check in addition to the use Tobin’s Q as alternative proxy for agency conflicts. The results were obtained by controlling for firm size, firm performance, and firm age. The results of the study revealed a significant negative impact of audit quality on agency costs implying that firms audit by big four have significantly lower agency costs compared to firms audited by other audit firms. Further analysis of the results shows that the positive effect of audit report lag overwhelms the negative influence of audit firm size on agency costs suggesting that using big 4-audit firm would not mitigate agency conflict if the audit report lag is higher. These findings are robust to alternate estimation technique and proxy for agency costs. This study therefore recommends that firms should not only patronize big 4-audit firm to mitigate agency conflict, they must ensure timely audit report.
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Berry, Brian J. L. "Big Tents or Firm Foundations?" Urban Geography 23, nr 6 (wrzesień 2002): 501–2. http://dx.doi.org/10.2747/0272-3638.23.6.501.
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Swarup, Bob. "Small-satellite firm thinks big". Physics World 20, nr 10 (październik 2007): 12. http://dx.doi.org/10.1088/2058-7058/20/10/20.
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Dee, Carol Callaway, Ayalew Lulseged i Tianming Zhang. "Should PCAOB Disciplinary Proceedings Be Made Public? Evidence from Sanctions against a Big 4 Auditor". Current Issues in Auditing 6, nr 2 (1.08.2012): P18—P24. http://dx.doi.org/10.2308/ciia-50269.
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SUMMARY: In our paper “Client Stock Market Reaction to PCAOB Sanctions against a Big 4 Auditor” (Dee et al. 2011), we examine stock price effects for clients of a Big 4 audit firm when news of sanctions imposed by the PCAOB against the audit firm was made public. These PCAOB penalties were the first against a Big 4 auditor, and they revealed information about quality-control problems at the audit firm that were not publicly known until the sanctions were announced. Our analysis of stock prices suggests that investors in clients of the penalized Big 4 firm reevaluated their perceptions of the quality of the firm's audit work after learning of the sanctions. The negative stock price effects for the firm's clients were consistent with investors inferring that the financial statements were of lower quality. In the paper, we conclude that investors find information about PCAOB sanctions against audit firms to be relevant in assessing audit quality and use that information in setting stock prices for audit firms' clients. This finding has relevance for the debate on the proposed legislation in Congress (H.R. 3503), which would allow the PCAOB to disclose proceedings against auditors before the investigations are concluded. Our results suggest that, although investors may find early disclosure of this information useful, public disclosure of Board disciplinary proceedings before they are completed could unfairly harm an audit firm's reputation if the firm is ultimately vindicated of wrongdoing.
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Sow, Soule, i Mesay Gebresilasse. "Effect of VAT Adoption on Manufacturing Firms in Ethiopia". International Journal of Economics and Finance 12, nr 10 (18.09.2020): 75. http://dx.doi.org/10.5539/ijef.v12n10p75.
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To remedy their low fiscal capacity problem, many developing countries adopted value-added taxation because they believe it will raise tax revenue and improve the production efficiency of firms. In this paper, we study the impact of the adoption of the value-added tax (VAT) on firms by analyzing the introduction of VAT in Ethiopia in 2003 using panel data of manufacturing firms (1996-2009). By law, a firm is required to register for VAT if it is big (its revenue is higher than 500,000 Birr); otherwise, the firm is small and faces a much lower turnover tax rate. Using a difference in differences strategy with big firms as a treatment and small firms as control, and excluding firms that might potentially bunch around the threshold, we find taxes paid, reported revenue, taxes paid out of revenue, value-added, and raw materials use increase for big firms. However, the share of inputs in revenue fell suggesting VAT increased revenue efficiency by not production efficiency.
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Fasoulas, Marios, Evangelos Chytis, Ekaterini Lekarakou i Stergios Tasios. "Auditor choice, board of directors’ characteristics and ownership structure: Evidence from Greece". Journal of Governance and Regulation 13, nr 1 (2024): 147–59. http://dx.doi.org/10.22495/jgrv13i1art13.
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Auditing is a key factor of financial reporting quality which reduces information asymmetry, improves regulatory compliance, and enhances internal control effectiveness. The decision to select an audit firm is complex and the reasons for choosing a specific auditor are likely to differ across organizations (Knechel et al., 2008). Several factors drive auditor selection, including ownership structure, governance attributes, the risk of information asymmetry, and country-level determinants (Habib et al., 2019). This study aims to examine whether corporate governance mechanisms affect auditor choice. For this purpose, using a sample of the biggest companies listed on the Athens Stock Exchange (ASE) for the period of 2014 to 2018, a logit regression model was developed to investigate the influence of the board characteristics and ownership structure on the decision to appoint a Big Four or non-Big Four audit firm. Results indicate that corporate governance mechanisms do affect auditor selection in Greece. Firms with larger boards, with more independent members and women on their boards’ composition, are more likely to appoint a Big Four audit firm. On the other hand, family-owned firms are less likely to engage a Big Four audit firm. The study’s results add new evidence on the factors that affect auditor choice in a European emerging market and could be useful to the regulatory authorities, investors, boards, and all other parties engaged in corporate governance.
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Catanach, Anthony, James H. Irving, Susan Perry Williams i Paul L. Walker. "An Ex Post Examination of Auditor Resignations". Accounting Horizons 25, nr 2 (1.06.2011): 267–83. http://dx.doi.org/10.2308/acch-10030.
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SYNOPSIS The auditor change literature has generally concluded that clients from whom an audit firm resigns are risky clients, yet little is known about the period after a predecessor auditor has resigned from an engagement. We investigate a sample of resignations to determine why an audit firm chooses to accept the role of successor auditor on a presumably risky engagement and whether this decision is associated with a future adverse outcome. Consistent with prior studies, our results indicate that, relative to Non-Big N firms, Big N firms are more selective in accepting the successor auditor role when the predecessor auditor has resigned. Incremental to these prior studies, we find that Big N firms factor in two variables to help mitigate their potential risk—the timing of the predecessor audit firm's resignation and their own firm's expertise. Our analysis of future outcomes indicates that the resigned clients engaged by Non-Big N successor auditors are associated with weaker long-term financial ratios, shorter survival tenures, and a greater proportion of adverse outcomes compared with the resigned clients engaged by Big N successor auditors. Data Availability: Data are available from the sources indicated in the text.
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Rasyid, Ardiansyah, i Cenik Ardana. "Corporate governance, audit firm size and restated financial statement in Indonesia stock exchange". Corporate Board role duties and composition 10, nr 2 (2014): 77–84. http://dx.doi.org/10.22495/cbv10i2art6.
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This research aims to describe the corporations to take restatement in financial statement such as, corporate governance implementation and size of Audit Firm. Corporate Governance and size of Audit Firm are involved in auditing process. Theoretically, those influence the quality of financial statement. The occurrence of restatement of financial reporting is as a proxy for a lower of financial statement quality. Hence, corporate governance and size of Audit Firm should prevent from restated financial statement. The result of this research describe that number of independent commissioner and number of audit committee do not prevent from restated financial statement. In addition, size of Audit Firm is not obvious to increase the quality of financial statement, because there are several of big four audit firms have been appointed by such corporation as external auditor or some of restatements have been done by non-big four. This research describes the composition of independent commissioner, audit committee and also Audit Firms size do not influence directly to restated financial statement.
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Chaudhry, Theresa, i Muhammad Haseeb. "Exporters in Pakistan and Firms Who Do Not Export: What’s the Big Difference?" LAHORE JOURNAL OF ECONOMICS 19, Special Edition (1.09.2014): 207–46. http://dx.doi.org/10.35536/lje.2014.v19.isp.a9.
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A variety of stylized facts about exporters have emerged in the new literature on international trade based on firm-level data. These include low levels of export participation among firms; small shares of export sales in firm revenue; larger firms; and higher levels of productivity, skill, and capital intensity among exporters. In this paper, we seek to examine the extent to which these stylized facts fit the experience of firms in Pakistan, using two cross-sections of firm-level data—the Census of Manufacturing Industries (CMI) 2000/01 for Punjab and the World Bank Enterprise Survey dataset (2006/07) for all Pakistan. We find similar levels of export market participation but very large shares of export sales in firm revenue for those who do, compared to the US sample studied by Bernard, Jensen, Redding, and Schott (2007). We also find, as do many other studies, that exporters exhibit significantly higher total factor productivity (TFP) and are larger in terms of employment than nonexporters. Exporters’ TFP was 150 percent higher than non-exporters before we controlled for firm size. Considering the eight largest sectors (which comprise more than 80 percent of the CMI Punjab), with a few exceptions, exporters had higher labor productivity and offered higher compensation to workers, but used more capital per worker and more imported inputs.
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Piao, Xuelian, i MyeongCheol Choi. "The Different Effects of Firm Resources on Firm Performance under Volatility: An Examination Using Big Data". Discrete Dynamics in Nature and Society 2022 (7.09.2022): 1–14. http://dx.doi.org/10.1155/2022/6151667.
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According to the resource-based view, research and development (R&D) and advertising are critical resources firms use to improve their performance. This study aims to clarify the different effects of R&D and advertising on firm performance using distinct criteria—firm value and firm profitability. It also verifies whether the effects of R&D and advertising apply in a volatile environment. We run panel data regression models with a big data sample of manufacturing firms publicly listed on the Korea Composite Stock Price Index over an extended period of 27 years. We find that R&D has more positive effects on firm value than advertising, while advertising has more positive effects on firm profitability than R&D; these relationships are consistent even when volatility is considered. This suggests that firms should mix and match their investments between R&D and advertising resources for improved effectiveness and efficiency, and these resources should be accumulated and exploited consistently regardless of environmental dynamics.
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Elewa, May M., i Rasha El-Haddad. "The Effect of Audit Quality on Firm Performance: A Panel Data Approach". International Journal of Accounting and Financial Reporting 9, nr 1 (3.01.2019): 229. http://dx.doi.org/10.5296/ijafr.v9i1.14163.
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This study attempts to examine the effect of audit quality on firm performance. It uses financial statements of non-financial firms listed as EGX 100. The population studied consists of thirty non-financial firms. The study covers a five year period 2010-2014. It applies panel data analysis. Independent Variables are Auditor Experience (measured by Big-4) and Auditor Independence (measured by auditor Rotation ROT). Dependent Variables are Return on Assets ROA and Return on Equity ROE. In accordance with the Random Effect Model results, BIG 4 and ROT have an insignificant impact on the ROA and ROE of the firm. External and internal financial statement users may benefit from the study only when dealing with high-profit firms.
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López-Fernández, Andrée Marie, i Zamira Burgos Silva. "Stakeholder Perceptions and Word-of-Mouth on CSR Dynamics". International Journal of Business Data Communications and Networking 14, nr 1 (styczeń 2018): 67–80. http://dx.doi.org/10.4018/ijbdcn.2018010104.
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Corporate social responsibility is a strategy by which firms address social issues whilst tending to their profit enhancing objectives. However, is a socially responsible firm fulfilling its objectives if current and potential stakeholders perceive it to be unethical, engaging in poor and questionable practices? The article analyzes Big Data retrieved from Twitter related to five firms that have stated to be socially responsible but have yet to obtain stakeholders' legitimacy granted by the engagement in corporate social responsibility. The article contributes to the understanding and effects of firm dynamics in corporate social responsibility or lack thereof, on social networking sites by means of Big Data analysis.
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Hegazy, Karim, i Mohamed Hegazy. "Audit firms and industry specialization in an emerging economy". Journal of Accounting & Organizational Change 14, nr 3 (3.09.2018): 338–62. http://dx.doi.org/10.1108/jaoc-03-2017-0024.
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PurposeThis study aims to investigate the implications of audit industry specialization on auditor’s retention and growth within an emerging economy. Factors such as whether the firm is a Big 4, a firm with international affiliation, a local firm and the type of industry were studied to analyse the reasons behind audit firm retention and growth.Design/methodology/approachThis research is based on a field study related to audit firms providing services to listed companies in an emerging economy. The sample includes the top 100 publicly held companies’ in the Egyptian stock market during 2006-2011 for which their annual reports are analysed to determine the audit firms’ retention and growth. An assessment of the continuity of the auditors and the increase in the number of audit clients were also measured.FindingsThe results confirm that industry specialization has an important effect on the auditor’s retention, especially for industries where capital investment is significant such as buildings, construction, financial services, housing and real estate. Big 4 audit firms retained their clients because of their industry specialization and brand name. Evidence was found that good knowledge of accounting and auditing standards resulted in audit firms with international affiliation competing with the Big 4 for clients’ retention and growth.Originality/valueThis study contributes to the existing literature, as it is among the first to provide empirical evidence on auditor retention, growth and auditor’s dominance in an emerging economy such as Egypt.
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Ourzik, Victoria Yousra. "Big Data and Performance: The Mediating Effect of Customer Agility". European Conference on Knowledge Management 24, nr 2 (5.09.2023): 1719–23. http://dx.doi.org/10.34190/eckm.24.2.1483.
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This study investigates the impact of big data analytics capabilities on firm performance, with a focus on the mediating role of customer agility. The research is based on the dynamic capabilities theory and utilizes data from 123 senior managers. The study finds that customer sensing and customer responding mediate the relationship between big data analytics capabilities and firm performance. The results indicate a significant indirect effect of big data analytics capabilities on firm performance through customer sensing and customer responding. The study contributes to the understanding of the mechanisms underlying the impact of big data analytics and customer agility on firm performance.
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Khalil, Muhamad Luqman, Norzalita Abd Aziz, Ahmad Azmi M. Ariffin i Abdul Hafaz Ngah. "Big Data Analytics Capability and Firm Performance in the Hotel Industry: The Mediating Role of Organizational Agility". WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS 20 (17.02.2023): 440–53. http://dx.doi.org/10.37394/23207.2023.20.40.
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The emergence of the Covid-19 pandemic and restrictions on international mobility have negatively impacted the tourism market. Tourism players, particularly the hotel industry, have turned to big data analytics to mitigate uncertainties and offer better products and services. Nonetheless, the central question for researchers and practitioners is how the usage of big data analytics can help the hotel industry improve firm performance. Drawing on the resource-based view and dynamic capability theories, this study analyses the relationship between big data analytics capability and firm performance in the hotel industry. This study expands the current research by examining the role of organizational agility in mediating the relationship between big data analytics capability and firm performance. To empirically test the research model, the author used survey data from 115 star-rated hotels throughout Malaysia. Through partial least square equation modeling, the findings revealed that big data analytics capability positively affects organizational agility and firm performance. The result also demonstrated that organizational agility mediates the relationship between big data analytics capability and firm performance. This study can also guide hoteliers to identify resources required to build big data analytics capability and further highlight the significance of organizational agility in improving firm performance in the hotel industry.
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Maroufkhani, Parisa, Ralf Wagner, Wan Khairuzzaman Wan Ismail, Mas Bambang Baroto i Mohammad Nourani. "Big Data Analytics and Firm Performance: A Systematic Review". Information 10, nr 7 (1.07.2019): 226. http://dx.doi.org/10.3390/info10070226.
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The literature on big data analytics and firm performance is still fragmented and lacking in attempts to integrate the current studies’ results. This study aims to provide a systematic review of contributions related to big data analytics and firm performance. The authors assess papers listed in the Web of Science index. This study identifies the factors that may influence the adoption of big data analytics in various parts of an organization and categorizes the diverse types of performance that big data analytics can address. Directions for future research are developed from the results. This systematic review proposes to create avenues for both conceptual and empirical research streams by emphasizing the importance of big data analytics in improving firm performance. In addition, this review offers both scholars and practitioners an increased understanding of the link between big data analytics and firm performance.
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Razaghi, Shokouh, i Sajjad Shokouhyar. "Impacts of big data analytics management capabilities and supply chain integration on global sourcing: a survey on firm performance". Bottom Line 34, nr 2 (23.08.2021): 198–223. http://dx.doi.org/10.1108/bl-11-2020-0071.
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Purpose This study aims to show that management with big data analytics capability can achieve more advantages of the global sourcing process. Furthermore, this study using its conceptual attitude model aims to show that big data analytics management capability leads to an increase in firm performance by the mediating role of integration. Design/methodology/approach Using an online questionnaire, 158 managers from 13 Iranian companies taking advantage of the global sourcing process were surveyed. The validity of the hypotheses was evaluated using partial least squares based on structural equation modeling (PLS method). Findings The results of the study showed that big data analytics management capability has a positive impact on global sourcing and firm performance directly, and by the mediating role of integration. Originality/value Previous studies have carefully addressed the role of big data and big data analytics in firms. However, this is among a few studies addressing the role of big data analytics capability, especially management capability, in improving firms’ performance. The results of this study shed light on the fact that how global sourcing takes the best advantage of big data analytics management capability for better accomplishment of organizations’ duties. The results of this study also disclose how big data analytics management capability helps organizations with their performance and bring benefits to their units.
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Odum, Augustine Nwekemezie, i Egbunike Francis Chinedu. "External Auditor Selection Choice: A Multinomial Logistic Regression Approach". Indonesian Journal of Contemporary Accounting Research 1, nr 1 (14.01.2019): 9. http://dx.doi.org/10.33455/ijcar.v1i1.78.
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This research work examines the factors that determine the selection of external auditor among Global Brand listed companies in Nigeria. The variables of Audit Big 4 firms which include Deloitte, Klynveld Peat Marwick Goerdeler, (KPMG) and Price Water House Coopers (PWC) where selected as choice target for this research work. Big four audit firm of Ernst’s & Young (E&Y) was excluded in the sample as it is found not to have provided audit services to any of the selected global brand listed company in Nigeria during the period covered by this study. The study employed the methodology of Multinomial Probit Regression (MPR) analysis in X-raying the data. Empirical evidence shows that there is a significant positive relationship between firm size and choice of external auditor’s selection for the big four audit firms of KPMG and Deloitte. The study also provides a revelation that the relationship between the variable of firm size is negative and statistically significant with audit firm of Price Water House Coopers (PWC). The research work carefully recommends that global brand companies in Nigeria with interest to hire audit services of Deloitte and KPMG must ensure that its total asset is significantly large. But suffice to state here that this may not apply to the audit firm of Price Water House Copper Corporation where the variable of audit fee is a significant determinant in the quest for employing it audit services.
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Odum, Augustine Nwekemezie, i Francis Chinedu Egbunike. "External Auditor Selection Choice: A Multinomial Logistic Regression Approach". Indonesian Journal of Contemporary Accounting Research 1, nr 1 (1.01.2019): 9. http://dx.doi.org/10.33455/ijcar.v1i1.88.
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This research work examines the factors that determine the selection of external auditor among Global Brand listed companies in Nigeria. The variables of Audit Big 4 firms which include Deloitte, Klynveld Peat Marwick Goerdeler, (KPMG) and Price Water House Coopers (PWC) where selected as choice target for this research work. Big four audit firm of Ernst’s & Young (E&Y) was excluded in the sample as it is found not to have provided audit services to any of the selected global brand listed company in Nigeria during the period covered by this study. The study employed the methodology of Multinomial Probit Regression (MPR) analysis in X-raying the data. Empirical evidence shows that there is a significant positive relationship between firm size and choice of external auditor’s selection for the big four audit firms of KPMG and Deloitte. The study also provides a revelation that the relationship between the variable of firm size is negative and statistically significant with audit firm of Price Water House Coopers (PWC). The research work carefully recommends that global brand companies in Nigeria with interest to hire audit services of Deloitte and KPMG must ensure that its total asset is significantly large. But suffice to state here that this may not apply to the audit firm of Price Water House Copper Corporation where the variable of audit fee is a significant determinant in the quest for employing it audit services.
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Macchioni, Riccardo, Alessandra Allini i Martina Prisco. "The role of the Big Four audit firms and the legal system in non-GAAP comparability". FINANCIAL REPORTING, nr 1 (kwiecień 2022): 79–116. http://dx.doi.org/10.3280/fr2022-001003.
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The purpose of this paper is to investigate whether the firms with the same Big Four audit firm and from the same legal system disclose more comparable non-GAAP measures. Using 23,436 pairs of European firms, we hand-collected infor-mation on the non-GAAP measures disclosed in the statement of comprehensive income. The results showed that the firms with the same Big Four audit firm or from the same legal system are positively and significantly associated with non-GAAP comparability. Our work adds to the studies on accounting comparability. Furthermore, it provides fresh insights that support the latest IASB activity on the Primary Financial Statement project, under which the standard setter has en-dorsed ED/2019/7 General Presentation and Disclosures.
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Gist, Willie E. "A Research Note on the Relationship between Regulation and Audit Firm Size on Audit Fees". Journal of Accounting, Auditing & Finance 9, nr 2 (kwiecień 1994): 381–96. http://dx.doi.org/10.1177/0148558x9400900216.
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This study represents an initial attempt to examine some specific factors that might lead to large firms' economies of scale. Multiple regression analysis is used to test hypotheses concerning scale opportunities conferred on large CPA firms in dealing with regulatory complexity faced by the client. An analysis of interaction between audit firm size and variables measuring client regulatory complexity shows that audit fees are lower for all firms in regulated industries compared to nonregulated industries—the difference being much greater, however, for Big Eight (now Big Six) firms, and audit fees charged by Big Eight firms are much lower when the auditor is involved with client security registrations. This relationship does not hold true for non-Big Eight firms involved with client registration statements. Based on these results, it appears that client regulatory complexity confers greater scale opportunities to larger audit firms compared to smaller ones.
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Baker, Monya. "Big biotech buys iconic genetics firm". Nature 492, nr 7429 (grudzień 2012): 321. http://dx.doi.org/10.1038/492321a.
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REISCH, MARC S. "A SMALL FIRM WITH BIG ASPIRATIONS". Chemical & Engineering News 84, nr 49 (4.12.2006): 35. http://dx.doi.org/10.1021/cen-v084n049.p035.
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VOITH, MELODY. "SOLAR FIRM WINS BIG U.S. LOAN". Chemical & Engineering News 87, nr 13 (30.03.2009): 8. http://dx.doi.org/10.1021/cen-v087n013.p008.
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Alex Tullo. "Recycling firm APK attracts big backers". C&EN Global Enterprise 101, nr 6 (13.02.2023): 10. http://dx.doi.org/10.1021/cen-10106-buscon10.
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Harindahyani, Senny, i Celine Widjaja. "Family Firms, Audit Fee, and Auditor Choice: Evidence From Indonesia". JOURNAL OF AUDITING, FINANCE, AND FORENSIC ACCOUNTING 6, nr 2 (8.02.2019): 83–96. http://dx.doi.org/10.21107/jaffa.v6i2.4936.
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Family firms in Indonesia have an important role in the Indonesian economy. However, agency problems might happen inside family firms where it will lead to conflict of interest and information asymmetry, along with the entrenchment effect where it leads firms to produce lower quality earnings report. Research from 305 firms in Indonesia shows that the agency problems and the entrenchment effect has not affected the family firms in Indonesia, reflected from the firm‟s decision making in their amount of audit fee and auditor choice. This study will contribute by providing an empirical evidence of the effect of family control on the audit fee and auditor choice in a developing country. The result shows that the type of firms has no correlation on the amount of audit fee paid to the auditor and both firms‟ demands the same level of audit quality where it is shown by their choices of audit firms, which is Big 4 audit firm or Non-Big 4 audit firm. In conclusion, the level of agency problems and entrenchment effect tends to be lower in the family firms of Indonesia.
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Kurniawan, Daniel, Elia Ardyan, Istiatin Istiatin i Luhgiatno Luhgiatno. "Impacts of Company Size, Company Age, and the Generation of the Leader on Firm Performance". Binus Business Review 13, nr 3 (31.10.2022): 273–83. http://dx.doi.org/10.21512/bbr.v13i3.8213.
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The impact of family business has been recognized globally. However, according to some facts and previous studies, the performance of family businesses may decline as they age and the generations change. The research tried to explore the differences in firm performances based on company size, company age, and the generation of the leaders of the firms to confirm the results from the previous study. The data were compiled from 213 companies that vary in size. There were micro, small, small-medium, big-medium, and big firms. The possible presence of significant differences in firm performance based on company size, age, and generation of the leaders was analyzed using the Analysis of Variances (ANOVA). ANOVA test shows no significant differences in company age, company size, and the generation of the leaders toward their firm performances. The research clarifies the previous studies stating that there are significant differences in those three independent variables toward firm performance. The research also shows no significant difference in different generation of the leaders toward company size. Hence, it means the firm performance of companies cannot be determined only by knowing its size, age, or the generation of the leaders. There must be other factors that can help to identify the firm performance of a company.
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Bhattacharya, Arnab, i Pradip Banerjee. "An empirical analysis of audit pricing and auditor selection: evidence from India". Managerial Auditing Journal 35, nr 1 (6.01.2019): 111–51. http://dx.doi.org/10.1108/maj-11-2018-2101.
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Purpose This paper aims to examine various factors affecting the pricing of audit services and the selection of auditors in the Indian audit market. This paper also aims to investigate the impact of financial distress conditions on the audit pricing and auditor choice decisions of a firm, particularly in the context of a developing economy. Design/methodology/approach The sample comprises 22,644 firm-years for 1,366 Indian firms from 1990 to 2015. The authors adopt ordinary least squares regression technique to model audit fee, and logistic regression technique to model auditor choice as a function of various factors relating to firm attributes and auditor characteristics. Findings This paper finds that auditors tend to charge an audit fee premium when they are affiliated to a Big 4 auditor, have industry specialization or jointly provide auditing and non-auditing services. Additionally, firms with larger boards, higher proportion of independent board of directors and CEO–Chairman separation are more likely to choose a Big 4-affiliated auditor. The results also suggest that financially distressed firms tend to pay significantly lower audit fees and are more likely to choose non-Big 4 auditors. Originality/value This paper is among the few studies which investigate how financial distress impacts the audit pricing and auditor choice decisions of a firm in the context of emerging economies. The findings of this paper raises serious concerns about the credibility of the audited financial statements and corporate governance mechanisms of firms undergoing financial distress. The empirical results of this paper have strong implications for practitioners, regulators and investors.
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Wilson, Reginald. "A cross-sectional examination of non-Big 4 firms’ reliability". Managerial Auditing Journal 30, nr 6/7 (6.07.2015): 633–56. http://dx.doi.org/10.1108/maj-08-2014-1061.
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Purpose – The purpose of this study is to examine the impact of service-related independence impairments on perceptions of local and regional non-Big 4 Firms’ financial reporting reliability. This study is motivated by recent public policy, which proposes that service-related independence impairments may improve financial reporting reliability. Design/methodology/approach – Commercial lending officers respond to a within-subjects experiment. The variables of interest are client importance, expertise and their related interaction. These variables are regressed on the perceived reporting reliability of local and regional firms. Findings – Client importance is positively and significantly associated with the lenders’ selection of non-Big 4 firms, which supports Taylor et al.’s (2003) assertions that service-related independence violations improve financial reporting reliability. However, client importance is negatively associated with regional firms. Practical implications – Client importance is significantly associated with regional firms only, which suggests that cross-sectional differences exist among non-Big 4 firms. The negative association between regional firms and client importance confirms Goldman and Barlev’s (1974) concerns that large firms are not exempt from client pressure. Client importance is also significantly (and positively) associated with lenders’ selection of the type of non-Big 4 firm to perform the engagement, which supports recent public policy’s proposal for joint attest and non-attest services (Exposure Draft for Statement for Accounting and Review Services No. 18). Originality/value – The study overcomes within-subjects design limitations to provide a natural environment to understand lending officers’ perceptions of non-Big 4 firms. The results continue to fill the void in the literature which examines cross-sectional differences in non-Big 4 firm quality.
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Al-Darras, Osama Musa Ali, i Cem Tanova. "From Big Data Analytics to Organizational Agility: What Is the Mechanism?" SAGE Open 12, nr 2 (kwiecień 2022): 215824402211061. http://dx.doi.org/10.1177/21582440221106170.
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In the age of digitalization, big data analytics capabilities are considered one of the most critical organizational resources. Many organizations make considerable investments in these resources with an intention to improve their agility. However, the mechanism to reap agility from big data analytics still requires extensive empirical research and analysis. This study extends the big data analytics model by examining the mediating effects of entrepreneurial orientation between big data analytics capabilities and organizational agility. Partial least squares-structured equation modeling (PLS-SEM) was used to analyze the responses collected from 104 firms in Jordan. Results demonstrate that entrepreneurial orientation explains the relationship between big data analytics capabilities and agility. This finding contributes to the management literature by showing that big data analytics capabilities may enhance firm entrepreneurial orientation. While much of the prior research conceptualized the entrepreneurial orientation of the firm as a static characteristic, the current study argues that big data analytic capabilities play a key role in developing organizational agility through its role in improving entrepreneurial orientation, which subsequently creates value for firms, their customers, and the other stakeholders. Finally, challenges and future scope pertaining to this study are discussed. Recommendations for future studies on this promising topic include the use of longitudinal designs and mixed methods (quantitative with qualitative) approaches to provide researchers with new insights.