Study on the Repair Behavior of Internal Control Defect After Financial Report Restatement
- DOI
- 10.2991/978-94-6463-256-9_76How to use a DOI?
- Keywords
- financial report restatement; internal control defect repair; property right; corporate risk
- Abstract
As an important way of financial information disclosure, financial report restatement can help external stakeholders identify corporate risk and promote managers to improve corporate governance. This paper takes the A-share main board listed companies in Shanghai and Shenzhen from 2012 to 2020 as research samples, and uses Logit model to investigate the influence of financial report restatement on internal control defect repair behavior. The results show that the probability of internal control defect repair behavior increases significantly after financial report restatement. In addition, compared with state-owned enterprises and enterprises with low risk, non-state-owned enterprises and enterprises with high risk are more likely to repair internal control defect after financial report restatement.
- 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.
Cite this article
TY - CONF AU - Yifang Li AU - Gaoyuan Shi PY - 2023 DA - 2023/10/09 TI - Study on the Repair Behavior of Internal Control Defect After Financial Report Restatement BT - Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023) PB - Atlantis Press SP - 753 EP - 759 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-256-9_76 DO - 10.2991/978-94-6463-256-9_76 ID - Li2023 ER -