Search results for "Accounting"

Facing the inevitable? : The public telecom monopoly’s way of coping with deregulation

2016

AbstractThe telecommunications industry has gone through a total restructure since the late 1970s, as state-owned national monopolies have given way to listed enterprises and competitive international markets. Scholars have explained wide-ranging privatisation and deregulation at a general level, but what happened to the former state-owned monopolies and how they adapted to the emerging business-oriented environment, has had with less scrutiny. It has been assumed that external factors caused these institutions to adapt a business approach, but did these organisations themselves have any significant power of decision in these processes? This article explains how one of these former state or…

2019

We investigate how and why the Nokia Corporation failed to develop a successful strategic response to the threats of Apple and Google in the smartphone business and instead worsened its situation t...

The Value of Auditor Industry Specialization: Evidence from a Structural Model

2021

ABSTRACT This study investigates the value of auditor industry specialization. In the first step, we use a discrete choice model to derive the first-order demand for auditor industry specialization. Our results reveal that clients have a general preference for auditor industry specialization, relating to both audit firm and audit office specialization. We observe that specializations at the audit firm and audit office level are substitutes. We also find that larger, more complex clients have a stronger demand for industry specialization at the audit office level. In the second step, we use the results from the discrete choice model to quantify the value of auditor industry specialists for c…

Career Paths in Institutional Business Elites: Finnish Family Firms from 1762–2010

2015

This article analyzes the career paths of family business executives in institutional business elites in Finland using an empirical database based on a Bourdieusian prosopographical approach. The results indicate that career paths became more complex but shortened in length toward the beginning of the twenty-first century. The early career paths of family executives changed from positions as assistants and salesmen in the eighteenth and nineteenth centuries to governance, chief executive officer (CEO), and management positions in the twentieth and twenty-first centuries. Compared with the founder generation, next-generation family members benefited from more rapid institutional business eli…

Accounting, gender and history: the life of Minna Canth

2009

This article introduces Minna Canth, one of the earliest businesswomen in Finland, although better known as a pioneer of Finnish realistic literature and champion of the women's movement. The historical study method is applied together with a narrative and interpretative approach to examine accounting and gender based on Minna Canth's bookkeeping and correspondence in the 1880s. Minna Canth's story brings together three realities that normally do not meet: women's everyday life, business, and literature. The study introduces an early female merchant who was knowledgeable about financial issues and managed her own business affairs independently. An intended contribution of this study to acc…

In search of an integrated framework of business longevity

2015

Even if the domain of business longevity has been enriched by the multidisciplinary nature of approaches used to investigate the phenomenon, the lack of a unifying perspective has impeded systematic research and caused definitional ambiguity. The main aim of this special issue is to extend existing knowledge on business longevity by integrating theoretical and empirical studies that adopt different approaches and perspectives. This is essential in order to identify the key factors of long-term success and the effects of longevity on firm performance. The multifaceted nature of business longevity research is mirrored in the five articles included in this special issue, that offer different a…

2020

Scholars at the intersection of business history and strategic management have argued for the relevance and importance of historical methods in the study of strategic management of organizations. W...

Academic Practitioner Auditors

2016

Academic practitioner auditors engage in academic research on top of their audit activities. Based on constructive learnings theory and evidence-based management theory, we argue that engaging in research helps lead auditors to deliver higher audit quality. Moreover, we expect that this engagement enables lead auditors to develop their professional reputation and, hence, to generate higher audit fees. Using data from Germany, where lead auditors frequently engage in research, we find empirical evidence for these conjectures. Our study contributes to the current AAA and AICPA debate about the value of bridging the gap between academia and audit practice.

Audit Committee Independence and Auditor-Manager Disputes

2020

This paper analyzes the role of audit committee independence in resolving disagreements between management and the auditor regarding financial reporting. The common intuition suggests that the audit committee must be independent from management to be able to support the auditor against the manager's manipulation attempts. We build a one-period strategic model to show that this intuition is valid only if overinvestment is a bigger concern to shareholders than underinvestment. Otherwise, any audit committee will agree with management to avoid underinvestment. The audit committee's optimal independence level, which can be fully independent or partially dependent, is affected by investment effi…

Work-life balance during the COVID-19 outbreak: the case of Latvia

2020

This paper aims to shed light on work-life balance in Latvia during the state of emergency The COVID-19 outbreak has led many governments to introduce lockdowns While imposed restrictions may help to contain the spread of the virus, they may also result in substantial damage to population well-being The COVID-19 outbreak in Latvia demonstrates the extent and ways in which socio-demographics factors have determined different patterns of behaviour, attitudes, employment changes and harmonised work and life balance The study describes the chronological development of COVID-19 in the country It describes labour migration to and from Latvia before the COVID-19 outbreak It provides geographical f…