Corporate Governance and Contingency Theory: A Structural Equation Modeling Approach and Accounting Risk Implications

Corporate Governance and Contingency Theory: A Structural Equation Modeling Approach and Accounting Risk Implications
ISBN-10
3319109960
ISBN-13
9783319109961
Category
Business & Economics
Pages
168
Language
English
Published
2014-11-19
Publisher
Springer
Authors
Abdul Ghofar, Sardar M.N. Islam

Description

This book analyzes the determinants and effectiveness of corporate governance in an integrated model drawing on contingency theory and employing structural equation modeling (SEM). Business competition as an environmental factor and strategy as an organizational factor are important determinants of corporate governance, while organizational performance and earnings quality are two dimensions of its effectiveness. This book focuses on the relationship between corporate governance and earnings management, and shows that corporate governance is effective in improving earnings quality and reducing accounting and governance risks. The authors also question the relation between corporate governance and company performance and present results of their analysis in this book.

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