Boards’ and Firms’ Characteristics: The case for Fraudulent Financial Reporting in Malaysia
The purpose of this paper is to provide valuable insights into the characteristics of fraudulent financial reporting in the period pre- and post-fraud. The objective of the study is to examine signals or red flags that exist among fraud firms such as their audit committee size, audit committee indep...
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| Format: | Proceeding Paper |
| Language: | English English English |
| Published: |
2012
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| Online Access: | http://irep.iium.edu.my/25168/ http://irep.iium.edu.my/25168/1/BAFA%2520Conference%25202012%2520-%2520outline%2520schedule.pdf http://irep.iium.edu.my/25168/2/BAFA%2520Conference%25202012%2520-%2520presentation%2520schedule.pdf http://irep.iium.edu.my/25168/9/sherliza_FFR_P2_Dec_14.pdf |
| _version_ | 1848779422672355328 |
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| author | Puat Nelson, Sherliza |
| author_facet | Puat Nelson, Sherliza |
| author_sort | Puat Nelson, Sherliza |
| building | IIUM Repository |
| collection | Online Access |
| description | The purpose of this paper is to provide valuable insights into the characteristics of fraudulent financial reporting in the period pre- and post-fraud. The objective of the study is to examine signals or red flags that exist among fraud firms such as their audit committee size, audit committee independence, board’s size, independent directors, block holders, cash flows and long term debts. Companies of fraud firms were identified from the Securities Commission enforcement actions from year 2000 until 2008. Findings provide practical implications to accounting regulators and practitioners since it revealed boards’ size, block holders and operating cash flow have significant relationship with fraudulent financial reporting. The study concludes that firms that spend more on operating activities, that have larger board’s size and block holders, are less likely to be involved in fraudulent financial reporting.
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| first_indexed | 2025-11-14T15:17:32Z |
| format | Proceeding Paper |
| id | iium-25168 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English English |
| last_indexed | 2025-11-14T15:17:32Z |
| publishDate | 2012 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-251682012-10-17T00:31:33Z http://irep.iium.edu.my/25168/ Boards’ and Firms’ Characteristics: The case for Fraudulent Financial Reporting in Malaysia Puat Nelson, Sherliza H91 General special H96 Public policy (General), Policy sciences The purpose of this paper is to provide valuable insights into the characteristics of fraudulent financial reporting in the period pre- and post-fraud. The objective of the study is to examine signals or red flags that exist among fraud firms such as their audit committee size, audit committee independence, board’s size, independent directors, block holders, cash flows and long term debts. Companies of fraud firms were identified from the Securities Commission enforcement actions from year 2000 until 2008. Findings provide practical implications to accounting regulators and practitioners since it revealed boards’ size, block holders and operating cash flow have significant relationship with fraudulent financial reporting. The study concludes that firms that spend more on operating activities, that have larger board’s size and block holders, are less likely to be involved in fraudulent financial reporting. 2012 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/25168/1/BAFA%2520Conference%25202012%2520-%2520outline%2520schedule.pdf application/pdf en http://irep.iium.edu.my/25168/2/BAFA%2520Conference%25202012%2520-%2520presentation%2520schedule.pdf application/pdf en http://irep.iium.edu.my/25168/9/sherliza_FFR_P2_Dec_14.pdf Puat Nelson, Sherliza (2012) Boards’ and Firms’ Characteristics: The case for Fraudulent Financial Reporting in Malaysia. In: British Accounting & Finance Association Annual Conference, 17-19 April 2012, Brighton, UK. (Unpublished) |
| spellingShingle | H91 General special H96 Public policy (General), Policy sciences Puat Nelson, Sherliza Boards’ and Firms’ Characteristics: The case for Fraudulent Financial Reporting in Malaysia |
| title | Boards’ and Firms’ Characteristics:
The case for Fraudulent Financial Reporting in Malaysia
|
| title_full | Boards’ and Firms’ Characteristics:
The case for Fraudulent Financial Reporting in Malaysia
|
| title_fullStr | Boards’ and Firms’ Characteristics:
The case for Fraudulent Financial Reporting in Malaysia
|
| title_full_unstemmed | Boards’ and Firms’ Characteristics:
The case for Fraudulent Financial Reporting in Malaysia
|
| title_short | Boards’ and Firms’ Characteristics:
The case for Fraudulent Financial Reporting in Malaysia
|
| title_sort | boards’ and firms’ characteristics:
the case for fraudulent financial reporting in malaysia |
| topic | H91 General special H96 Public policy (General), Policy sciences |
| url | http://irep.iium.edu.my/25168/ http://irep.iium.edu.my/25168/1/BAFA%2520Conference%25202012%2520-%2520outline%2520schedule.pdf http://irep.iium.edu.my/25168/2/BAFA%2520Conference%25202012%2520-%2520presentation%2520schedule.pdf http://irep.iium.edu.my/25168/9/sherliza_FFR_P2_Dec_14.pdf |