Examining upper echelons managers’ characteristics on financial restatements
This study examines the effect of manager’s characteristics on financial restatements among Malaysian public listed firms. Manager’s characteristics in this study refer to the Chief Executive Officer’s (CEO) and Chairman of Audit Committee’s (CAC) characteristics in an organisation. Using content an...
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| Format: | Article |
| Language: | English |
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Centre of Sociological Research, Szczecin
2017-12-01
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| Series: | Journal of International Studies |
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| Online Access: | http://jois.eu/?386,en_examining-upper-echelons-managers%E2%80%99-characteristics-on-financial-restatements |
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| author | Syarifah Saffa’ Najwa Tuan Besar Mazurina Mohd Ali Erlane K Ghani |
| author_facet | Syarifah Saffa’ Najwa Tuan Besar Mazurina Mohd Ali Erlane K Ghani |
| author_sort | Syarifah Saffa’ Najwa Tuan Besar |
| collection | DOAJ |
| description | This study examines the effect of manager’s characteristics on financial restatements among Malaysian public listed firms. Manager’s characteristics in this study refer to the Chief Executive Officer’s (CEO) and Chairman of Audit Committee’s (CAC) characteristics in an organisation. Using content analysis on 750 annual reports of 150 public listed firms in Bursa Malaysia, this study analyses the relationship between CEO and CAC's characteristics and financial restatements. The results show that only CEO’s characteristics in terms of educational and functional background significantly affect the financial restatements of the listed firms but the results are positive. The implication of this study is that more thorough recruitment of top managers is needed as their specific characteristics affect the financial restatement decisions. This study provides new data for the regulatory bodies which can be used further in setting rules and regulations in relation to managers for preventing aggressive financial restatements among the public listed firms. |
| format | Article |
| id | doaj-art-00d1b3bf031044c2bf1d40759da5217e |
| institution | OA Journals |
| issn | 2071-8330 2306-3483 |
| language | English |
| publishDate | 2017-12-01 |
| publisher | Centre of Sociological Research, Szczecin |
| record_format | Article |
| series | Journal of International Studies |
| spelling | doaj-art-00d1b3bf031044c2bf1d40759da5217e2025-08-20T01:59:10ZengCentre of Sociological Research, SzczecinJournal of International Studies2071-83302306-34832017-12-0110410.14254/2071-8330.2017/10-4/14Examining upper echelons managers’ characteristics on financial restatementsSyarifah Saffa’ Najwa Tuan Besar0Mazurina Mohd Ali1Erlane K Ghani2Faculty of Accountancy, Universiti Teknologi MARAFaculty of Accountancy, Universiti Teknologi MARAAccounting Research Institute, Universiti Teknologi MARAThis study examines the effect of manager’s characteristics on financial restatements among Malaysian public listed firms. Manager’s characteristics in this study refer to the Chief Executive Officer’s (CEO) and Chairman of Audit Committee’s (CAC) characteristics in an organisation. Using content analysis on 750 annual reports of 150 public listed firms in Bursa Malaysia, this study analyses the relationship between CEO and CAC's characteristics and financial restatements. The results show that only CEO’s characteristics in terms of educational and functional background significantly affect the financial restatements of the listed firms but the results are positive. The implication of this study is that more thorough recruitment of top managers is needed as their specific characteristics affect the financial restatement decisions. This study provides new data for the regulatory bodies which can be used further in setting rules and regulations in relation to managers for preventing aggressive financial restatements among the public listed firms.http://jois.eu/?386,en_examining-upper-echelons-managers%E2%80%99-characteristics-on-financial-restatementsFinancial restatementUpper Echelon theorymanagers’ characteristicslisted firmsMalaysia |
| spellingShingle | Syarifah Saffa’ Najwa Tuan Besar Mazurina Mohd Ali Erlane K Ghani Examining upper echelons managers’ characteristics on financial restatements Journal of International Studies Financial restatement Upper Echelon theory managers’ characteristics listed firms Malaysia |
| title | Examining upper echelons managers’ characteristics on financial restatements |
| title_full | Examining upper echelons managers’ characteristics on financial restatements |
| title_fullStr | Examining upper echelons managers’ characteristics on financial restatements |
| title_full_unstemmed | Examining upper echelons managers’ characteristics on financial restatements |
| title_short | Examining upper echelons managers’ characteristics on financial restatements |
| title_sort | examining upper echelons managers characteristics on financial restatements |
| topic | Financial restatement Upper Echelon theory managers’ characteristics listed firms Malaysia |
| url | http://jois.eu/?386,en_examining-upper-echelons-managers%E2%80%99-characteristics-on-financial-restatements |
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