Shahab, Yasir and Tianzi, Wang and Hussain, Tanveer and Kumar, Satish (2023) Foreign experience and audit report lag. Finance Research Letters, 57. p. 104239. DOI https://doi.org/10.1016/j.frl.2023.104239
Shahab, Yasir and Tianzi, Wang and Hussain, Tanveer and Kumar, Satish (2023) Foreign experience and audit report lag. Finance Research Letters, 57. p. 104239. DOI https://doi.org/10.1016/j.frl.2023.104239
Shahab, Yasir and Tianzi, Wang and Hussain, Tanveer and Kumar, Satish (2023) Foreign experience and audit report lag. Finance Research Letters, 57. p. 104239. DOI https://doi.org/10.1016/j.frl.2023.104239
Abstract
We examine the impact of top management teams (TMTs) foreign experience on audit report lag. We employ a unique sample of Chinese A-share listed firms from 2012 to 2021 and find that the overseas experience (returnee's effect) has a significant positive effect on the audit report lag. We argue that compared with locals, returnees have better education and international experience but often lack local ties and discernment in their native country, which leads to increased audit report lag. We also find that corporate innovation is a potential channel through which overseas experience positively affects audit report lag.
| Item Type: | Article |
|---|---|
| Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Essex Business School Faculty of Social Sciences > Essex Business School > Strategy, Operations and Entrepreneurship |
| SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| Date Deposited: | 01 Aug 2023 17:48 |
| Last Modified: | 02 Aug 2023 12:07 |
| URI: | http://repository.essex.ac.uk/id/eprint/36091 |
Available files
Filename: R1 Final Manuscript (FRL) with authors.pdf
Licence: Creative Commons: Attribution-Noncommercial-No Derivative Works 4.0
Embargo Date: 24 July 2024