Determinants of the Strength of Auditing and Reporting Standards: a Cross-Country Study
auditing, reporting standards, development, global
Our study addresses the research gap regarding the absence of an empirical cross-country study on thedeterminants of the strength of auditing and reporting standards (SARS). Using data on 133 countries atvarious stages of development, we examine the role of environmental factors that influence a country’sstrength of auditing and reporting standards. Our empirical results confirm that institutional infrastructure,financial market development and higher education and training jointly influence a country’s strength ofauditing and reporting standards. We obtain qualitatively similar subsample results when we partitioncountries on the basis of economic development.
Pran Krishansing Boolaky, Chandrasekhar Krishnamurti, Ariful Hoque
Australasian Accounting, Business and Finance Journal
DOI: http://dx.doi.org/10.14453/aabfj.v7i4.3