The Public Company Accounting Oversight Board (PCAOB) has recently begun inspecting foreign audit firms. An important policy concern is that several foreign jurisdictions have refused to allow the PCAOB to conduct inspections of their audit firms. In this dissertation, I investigate (1) whether audit quality is higher for client firms (henceforth "complying" clients) whose foreign auditors have been inspected by the PCAOB, compared to client firms (henceforth "blacklisted" clients) of foreign auditors whose governments have refused inspections by the PCAOB, and (2) whether audit quality improves in the post inspection period for clients of inspected foreign auditors. I use abnormal accruals, total accruals, value relevance, and the likelihood of receiving a going concern opinion as proxies for audit quality. I conduct empirical tests on two samples, a cross-sectional sample consisting of blacklisted and complying clients, and a longitudinal sample of clients of inspected foreign auditors before and after PCAOB inspections. For the going-concern models, the samples are confined to financially distressed firms, which are either clients with negative net income or negative operating cash flows or clients in the top quartile in the bankruptcy probability distribution. The cross-sectional models indicate that blacklisted clients have significantly higher abnormal and total accruals, lower value relevance and a lower likelihood of receiving a going concern opinion, than complying clients, suggesting that clients of PCAOB-inspected auditors seem to have higher audit quality. Moreover, longitudinal analyses of clients of inspected foreign auditors show that abnormal accruals and total accruals are lower after PCAOB inspections than before inspections, and value relevance is greater after inspections than before. The likelihood of receiving a going concern opinion is higher after PCAOB inspections than before inspections for one of the two distressed-firm samples. Overall, the results are generally consistent with the PCAOB's claim that the clients of foreign audit firms that have undergone PCAOB inspections have benefited from the inspections. Further analyses indicate that the benefits are concentrated in jurisdictions where the PCAOB has conducted joint inspections with local authorities, in countries where legal traditions follow common law, and for clients of Big 4 auditors. / Business Administration/Accounting

In recent years, corporate textual disclosure has gained considerable attention in accounting and finance research. The textual disclosures complete the picture of a firm's economic performance in addition to the quantitative information. Many studies have investigated various determinants and consequences of textual disclosure attributes. This thesis aims to contribute to this growing strand of literature that studies the drivers of the textual attributes of narrative disclosure. The thesis consists of three essays related to political uncertainty, CEO characteristics, and corporate social responsibility. The first essay (Chapter 2) investigates the impact of political uncertainty on the informativeness of a firm's narrative disclosure. Using conference calls, the results show that firms exposed to political uncertainty provide less readable disclosure, more ambiguous tone, and rely more on scripted responses to analysts. Further analysis reveals that obfuscatory disclosure has predictive power over a firm's future poor performance, suggesting that managers use obfuscation to opportunistically mask poor future performance during high political uncertainty periods. The second essay (Chapter 3) examines the impact of the CEO's tenure on the firm's disclosure complexity. Based on upper echelon theory, the results show that early tenured CEOs with greater career concerns have more incentive to provide more readable disclosure to affect the market perception about their ability. However, long-tenured managers get more entrenched and provide obfuscated disclosure. In addition, the results indicate that the effectiveness of different governance mechanisms in improving the quality of a firm narrative disclosure depends on the CEO's tenure. In particular, board oversight (internal governance by subordinate executives) is more effective in constraining new (long-tenured) CEOs' myopic disclosure practices. The third essay (Chapter 4) explores the relationship between corporate social responsibility (CSR) orientation and textual attributes of financial disclosures. The results show that firms with high CSR orientation provide more readable disclosures and use a less ambiguous tone in their annual reports. These findings are consistent with the notion that managers in CSR-conscious firms adhere to high ethical standards and commit to improving the transparency of their firms' financial disclosures. In addition, the study provides evidence that corporate governance mechanisms and CSR are substitutes for each other to ensure transparent disclosure. Overall, the findings of these studies provide insights to the investing community, the firm's board of directors, and standards-setters to better understand the implications of firm CSR engagement, political exposure, and CEO characteristics in financial reporting contexts beyond quantitative metrics.

The purpose of this study was to describe the needs and concerns regarding the Virginia Credentialing Initiative (VCI) of career and technical education (CTE) stakeholders in rural southwestern Virginia. These stakeholders included central office CTE administrators, high school principals, guidance counselors, and high school CTE teachers. The Stages of Concern Questionnaire (George, Hall, & Stiegelbauer, 2008) was sent to 355 participants with 260 responding for a return rate of 73%. All of the respondents were employed in Superintendents' Region Seven. There are seven Stages of Concern: 0 Unconcerned, 1 Informational, 2 Personal, 3 Management, 4 Consequence, 5 Collaboration, and 6 Refocusing. Results revealed that when categorized by occupational areas, central office CTE administrators and teachers had primary concerns that ranged from Unconcerned to Personal. Guidance counselors had primary concerns that ranged from Unconcerned to Informational. High school principals had primary concerns that ranged from Unconcerned to Personal. All groups had lowest concern levels at the Consequence and Refocusing stages. Results for each group varied slightly when the number of years of experience was used as a reporting category. The primary level of concern was at the Unconcerned stage for each group when the respondents had 5 or fewer years of experience. CTE teacher groups were also categorized by subject area as those with long-standing licensing history (cosmetology, nursing, welding) and those newer to credentialing (agriculture, business, family and consumer sciences, marketing). The fields of nursing and welding had primary concerns at the Unconcerned level, while those in the agriculture, business, cosmetology, family and consumer sciences, and marketing subject areas peaked at the Personal level. Further research is recommended in relation to CTE stakeholder concerns and the implementation and use of the VCI. The implementation of new state legislation will affect CTE stakeholders as they adapt to the new graduation requirements for students pursuing a standard diploma. It is also recommended that qualitative research be conducted to ascertain specific avenues for addressing stakeholder needs and concerns, such as professional development. / Ed. D.

Previous literature has exposed the impact of concerns and beliefs on a teacher's decision to adopt online teaching methods, and in particular for Graphic Communications teachers, the extent to which their concerns and beliefs influence whether or not they decide to teach online. The potential problem that may exist is that of Graphic Communications teachers' concerns and beliefs are playing a role in impeding their transitioning to teaching in the online environment. The purpose of this study was to examine how teacher concerns and beliefs might be affecting a Graphic Communications teacher's adoption of online teaching. Although there are a multitude of factors that may inhibit Graphic Communications teachers from teaching online, this study sought to document the extent to which teacher concerns and beliefs toward online teaching impact their decision to adopt these practices. This study included a purposeful sample of 79 Graphic Communications educators across the United States and Canada. Data collected from the Graphic Communications Teachers Beliefs Towards Teaching Online (GCTBTTO) survey were analyzed using the Stages of Concern scoring device, simple means, and sample correlation coefficients to examine participant concerns and beliefs towards online teaching and the relationship between their concerns and beliefs. A theme analysis of open-ended responses about teaching online provided further assessment of participant beliefs and concerns towards the innovation. Findings from this study revealed Graphic Communications teachers who had taught online had higher levels of external concerns and stronger beliefs towards teaching online. Graphic Communications teachers who had not taught online had higher levels of internal concerns and average beliefs towards teaching online. T-tests revealed the difference in concerns between the sub-groups of teachers was significant across all stages except Management, where online and non-online teachers had similar management concerns about online teaching. For online teachers, task value and cost beliefs were found to have a moderately strong negative correlation to concerns in the Awareness stage, with no significant relationship between expectancy/ability beliefs and any stages of concern. For teachers not teaching online, task value and cost beliefs had a strong positive correlation with their Collaboration concerns, and expectancy/ability beliefs were strongly positively related to their Refocusing concerns. These findings also revealed that most Graphic Communications teachers do not believe hands-on courses which require manipulation of machinery can be taught online, although online teachers are teaching these types of classes with hybrid methods of instruction. The findings from this study provide implications for change facilitators and their consideration of faculty concerns and beliefs. The recommendations for this study suggest ways in which researchers, educators, and change facilitators can address concerns and beliefs in order to develop new innovative teaching methods for hands-on classes. / Ed. D.

Yes / This research provides a comprehensive delineation of the process that leads to the formation of green behavior by including the role played by media and attitude towards environment-friendly packaging, along with ecological concern and perceived consumer effectiveness. The study offers a parsimonious framework that measures the major antecedents of environmental attitude divided into inward and outward orientation. Moreover, it also measures the effects of these environmental attitudes and attitude towards green packaging on green purchase intention. A total of 308 usable questionnaires were obtained from Indian consumers and data analysis was conducted using confirmatory factor analysis and structural equation modeling. The results show that inward environmental attitude and attitude towards green packaging play a pivotal role in shaping green purchase intention. Surprisingly, outward environmental attitude was found to be non-significant. Findings offer implications for marketing managers and public policy makers, as well as reveal fruitful avenues for further research.

Yes / This study investigates the associations between audit committee characteristics and the likelihood of auditors' going-concern decisions among UK failed firms. Specifically, we examine whether the threat posed by auditor-provided non-audit services (NAS) to auditors' reporting decisions is mediated by audit committee characteristics. We find that failed firms with higher proportions of independent non-executive directors (NEDs) and financial experts on the audit committee are more likely to receive auditor going-concern modifications prior to failure, but that there is no significant relationship between NAS fees and the likelihood of receiving a going-concern modification. The evidence further suggests that the association between NAS and auditors' reporting decisions is subject to audit committee characteristics. Where the audit committee is more independent and includes a greater proportion of financial experts, auditors providing the client with NAS are less likely to issue a standard unmodified going-concern report prior to failure. Overall, the findings provide support for corporate governance regulators' concerns about the monitoring benefits of audit committee independence and the presence of financial expertise on the audit committee for auditors' reporting decisions.

Varje år avslutas tusentals företagskonkurser, dessa leder till konsekvenser för både företaget, intressenter och samhället. Behovet av att kunna upptäcka varningssignaler innan konkursen är ett faktum och behovet att åtminstone mildra de negativa konsekvenserna som kommer till följd av att en verksamhet upphör är stort. Svenska revisorer har enligt lag en skyldighet att bedöma ett företags möjlighet till fortsatt drift samt göra en notering om företaget har en kapitalbrist. Fortlevnadsvarningen är revisorns varningssignal till intressenter och kravet på kontrollbalansräkning vid kapitalbrist är statens varningssignal. Tidigare studier på området har fokuserat på de finansiella varningssignalerna samt orsaker till varför revisorernas träffsäkerhet vid utfärdandet av fortlevnadsvarningen varierar. Denna uppsats fokuserar på fortlevnadsvarningar och notering om kontrollbalansräkning och syftet är att identifiera förekomsten av fortlevnadsvarningarna samt öka insikten kring de icke-finansiella grunderna som kan ligga bakom en fortlevnadsvarning. Studiens metod är av kvantitativ karaktär där de tre sista revisionsberättelserna hos samtliga aktiebolag som avslutade konkursen under 2018 undersöktes. Innehållet i revisionsberättelsen studerades utifrån förekomsten av fortlevandsvarningar och notering om kontrollbalansräkning, dessa data låg sedan som grund för summeringar, beräkningar och analyser. Studiens resultat visar att förekomsten av notering om kontrollbalansräkning är mer vanligt än att företaget får en fortlevnadsvarning av revisorn. De finansiella grunderna bakom en fortlevnadsvarning är mer förekommande än icke-finansiella grunder. Samtliga grunder och notering om kontrollbalansräkning är i vissa fall synliga redan tre år innan verksamheten upphör. / Thousands of business failures end every year, which leads to consequences for both the company itself, stakeholders and society. The need to be able to detect warning signals before the bankruptcy is an actuality and the need to at least bate the negative consequences which follows due to the business ceases is huge. Swedish auditors have, according to the law, an obligation to evaluate a company’s going concern status. They also have the obligation to do a listing in the audit report if the company has a lack of capital. The going concern warning is the auditors warning signal for stakeholders and the governments warning signal is the requirement of balance sheet for liquidation purposes when a company has a lack of capital. Previous studies in the field has focused on financial warning signals and the reasons why the auditors’ accuracy in issuing the going concern warnings varies. This study focuses on going concern warnings and the listing about balance sheet for liquidations purposes. The purpose of the study is to identify the existence of going concern warnings and to increase the insight into the non-financial bases behind a going concern warning. The method of the study is of a quantitative nature and examined the last three audit reports of all companies which business failure ended in 2018. The content in the audit reports were studied to find going-concern warnings and listings about balance sheet for liquidation purposes, this information was later the basis for summaries, calculation and analyses. The study indicates that the presence of a listing regarding balance sheet for liquidation purposes are more frequent than the going-concern warnings from the auditor. The financial reasons behind a going concern warning is more frequent than the non-financial reasons. Going concern warnings and listing of balance sheet for liquidation purposes are in some cases visible as early as three years before the business ceases.

Large flexible software systems tend to incur “bloat”, here defined as the runtime overhead induced by the accumulation of excess functionality and objects. Removing bloat is hard as these overheads are a side-effect of the same trends that have fuelled software growth. Even defining and measuring bloat is non-trivial, as software doesn’t come with built-in labels that indicate which portions of computation are necessary for a given application and which lead to bloat. Much progress has been made in novel analysis tools that aid (human experts in) the process of finding bloat by highlighting signs of excessive activity and data flow. However, there has been very little research focus on understanding the connection between sources of bloat and its system level implications. In particular, excess resource usage due to bloat could be a significant source of power-performance inefficiencies, but the relation between bloat and energy efficient design remains unexplored. In order to systematically devise effective mechanisms for reaping power-performance benefits through bloat mitigation, we require a deeper insight into exactly when excess features can originate bloat, when the resource overheads of bloat are most pronounced and when bloat matters for power performance. This dissertation explores the problem of software bloat and its energy efficiency implications from multiple perspectives to develop a better understanding of these connections. First, we establish the need for a whole systems perspective in assessing potential energy efficiency benefits of bloat reduction, based on a systematic empirical and analytical study that highlights a curious interplay between bloat, energy proportionality and system bottlenecks. Second, we present a novel static analysis algorithm to perform an automated code transformation for object reuse that mitigates bloat involving the generation of excess temporary objects within loops. Third, we introduce the idea of concern augmented program analysis (CAPA), to identify sources of bloat due to excess features; the technique uses externally supplied information about program concerns and their properties as an abstraction of underlying intent. Fourth, as an early diagnostic aid, we use a statistical topic model to automatically discover latent concerns from source code statements and then correlate these latent concerns with resource usage properties that vary at statement granularity. The statistical model has a built-in sensitivity to the context of individual statements so that it can discover even diffused concerns without any apriori concern information. Together, our findings show that presence of excess features, in itself, may not lead to (runtime) bloat, unless these features have some structural interaction with essential features. Further, the overheads due to such structural interactions, in turn, may not cause substantial bloat in the resource consumption of a long running (server) application unless incurred repeatedly during program execution. Finally, even such bloated resource usage has a pronounced impact on power-performance only if it affects a system bottleneck or a hardware resource that has a high degree of energy proportionality and consumes a high fraction of power compared to the other system resources. We conclude that energy wastage due to bloat need not be an inevitable consequence of over-provisioning flexibility. Instead, the extent to which excess features result in runtime bloat and poor power-performance is determined by certain characteristics of the program structure and of the underlying hardware system --these represent potential control points that could be exercised to develop principled design approaches for mitigating bloat without sacrificing flexibility or productivity.

Inom revisionsprofessionen sker en förskjutning i könsbalansen. Andelen kvinnor ökar successivt. Tidigare forskning, främst från andra länder än Sverige, tyder på att kvinnliga revisorer kan leverera högre revisionskvalitet än manliga revisorer. Syftet med denna studie är därför att beskriva och analysera eventuella skillnader i kvalitet mellan manliga och kvinnligarevisorer i Sverige. Likaså tyder tidigare forskning på att större revisionsbyråer (Big 4) kan ha högre revisionskvalitet än mindre byråer (icke Big 4), varvid syftet även är att beskriva och analysera om kvaliteten påverkas av byråtillhörighet.För att mäta revisionskvalitet har träffsäkerhet och tydlighet i going concern-varningars formuleringar samt utfärdandet av övriga anmärkningar i revisionsberättelsen använts. Studien baseras på data från 1407 aktiebolag som gått i konkurs under år 2014. Informationen grundar sig på dessa aktiebolags årsredovisningar och revisionsberättelser året före konkurs.Datamängden har sedan testats genom chi-2 tester och analyserats gentemot tidigare forskning på området.Resultatet visar inga signifikanta skillnader mellan manliga och kvinnliga revisorer när det gäller träffsäkerhet, tydlighet samt övriga anmärkningar. Däremot visar resultatet att det finns signifikanta skillnader mellan Big 4 och icke Big 4 byråer. De större byråerna har inte bara en högre träffsäkerhet i going concern-varningar utan är även tydligare i formuleringarna avdessa. Gällande övriga anmärkningar återfinns inga signifikanta skillnader men resultatet antyder att revisionsbyråer tillhörande Big 4 utfärdar färre övriga anmärkningar än icke Big 4 byråer.Sammanfattningsvis visar resultatet, till skillnad från vissa andra studier som genomförts på området, att revisorns kön inte har någon betydelse för revisionskvaliteten. Däremot indikerar resultatet att revisionsbyråer tillhörande Big 4 har en högre kvalitet i sin revision än icke Big 4 byråer, vilket är i linje med tidigare forskning på området. / Within the audit profession there is a shift in the gender balance, where more and more women are entering the industry. Previous research, mainly from other countries than Sweden, indicates that female auditors have a higher quality in their auditing than male auditors. The purpose of this study is therefore to describe and analyze possible differences in audit quality between male and female auditors in Sweden. Likewise, previous research indicates that big audit firms may have a higher quality in their auditing than small audit firms. The purpose is therefore also to describe and analyze if audit quality is affected by audit firm size.Accuracy in going concern opinions, wording in going concern-opinions and other audit opinions in the audit report were used to measure audit quality. The study is conducted on data from 1407 limited companies, which filed for bankruptcy in 2014. The information comes from financial statements and audit reports from the year before bankruptcy. The data was later on tested by chi-2 tests and analyzed together with previous research in the area.The result provides no significant differences between male and female auditors when it comes to accuracy, wording and other audit opinions. However, the result shows significant differences between Big 4 and non Big 4 audit firms. Big 4 firms are not only more accurate, but also use a clearer wording in their going concern opinion. Regarding other audit opinionsthere are no significant differences but the result still indicate that Big 4 audit firms issue less other opinions than non Big 4 firms. / <p>Betyg B, 170602</p>

Online users struggle with different concerns whenever they use information systems. According to Miyazaki and Fernandez (2001), there are three important categories of concerns for online users: privacy concern, third party fraudulent behavior concern ("system security"), and online website fraudulent behavior concern ("security"). Kim, Sivasailam, and Rao (2004) proposed a similar categorization for web assurance dimensions. They argue that online websites are supposed to address users' privacy, security, and business integrity concerns to decrease user concerns. Although several researchers tried to answer how different factors affect these concerns and how these concerns affect users' behavior, there are so many ambiguities and contradictions in this area. This Essay I in this work develops a comprehensive map of the role of online privacy concern to identify related factors and categorize them through an in-depth literature review and conducting meta-analysis on online privacy concern. Although users have concerns about their privacy and security, there is still growth in the number of internet users and electronic commerce market share. One possible reason is that websites are applying assurance mechanisms to ensure the privacy of their users. Therefore, it could be an interesting research topic to investigate how privacy assurance mechanisms affect users concern and, consequently, their behavior in different concerns such as e-commerce and social networking sites. Different types of web assurance mechanisms are used by websites. The most prevalent among these assurance mechanisms include web assurance seals and assurance statements and privacy customization features. Essay II and III aims to address how these mechanisms influence e-commerce and social networking sites users' behavior. Essay II applies the procedural fairness theory by Lind and Tyler (1988) to explain how and why the web assurance mechanisms affect consumers' perceived risks. Essay III addresses the issue of self-disclosure on social networking sites. Applying protection motivation theory, this study aims to evaluate the effect of web assurance mechanisms on online privacy concern and self-disclosure behavior on the social networking sites.