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Why do controls fail? Results of an Italian survey

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  • Minelli, Eliana
  • Rebora, Gianfranco
  • Turri, Matteo

Abstract

This paper deals with the theme of the audit society and reasons for the recurrent control failures affecting organisations in different sectors. The theoretical structure stems from an analysis of managerial literature and pays particular attention to research carried out after the Enron crisis. This structure identifies six control failure factors that are used to conduct an empirical, comparative analysis of Italian organisations with an in-depth examination of the viewpoints of auditors and managers. The outcome of the survey affirms a basic theme in audit society; that is, that organisations with very different histories, institutional and structural features, aims and missions, differentiated rules, and norms of reference have similar problems that can be analysed by focusing on governance and conflicts of interest.

Suggested Citation

  • Minelli, Eliana & Rebora, Gianfranco & Turri, Matteo, 2009. "Why do controls fail? Results of an Italian survey," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 20(8), pages 933-943.
    • Handle: RePEc:eee:crpeac:v:20:y:2009:i:8:p:933-943
    DOI: 10.1016/j.cpa.2009.04.002
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    References listed on IDEAS

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    1. Carol Propper & Deborah Wilson, 2003. "The Use and Usefulness of Performance Measures in the Public Sector," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 19(2), pages 250-267, Summer.
    2. Francis, Jere R., 2004. "What do we know about audit quality?," The British Accounting Review, Elsevier, vol. 36(4), pages 345-368.
    3. Hoffman, Vicky B. & Joe, Jennifer R. & Moser, Donald V., 2003. "The effect of constrained processing on auditors' judgments," Accounting, Organizations and Society, Elsevier, vol. 28(7-8), pages 699-714.
    4. Power, Michael K., 2003. "Auditing and the production of legitimacy," Accounting, Organizations and Society, Elsevier, vol. 28(4), pages 379-394, May.
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    Cited by:

    1. Vassili Joannides & Nicolas Berland & Danture Wickramasinghe, 2010. "Post-Hofstede diversity/cultural studies: what contributions to accounting knowledge?," Post-Print hal-01661685, HAL.
    2. Vassili Joannides & Nicolas Berland & D. T. Wickramasinghe, 2010. "Post-Hofstede diversity/cultural studies: what contributions to accounting knowledge?," Grenoble Ecole de Management (Post-Print) hal-00676570, HAL.
    3. Vassili Joannides & Nicolas Berland & D. T. Wickramasinghe, 2010. "Post-Hofstede diversity/cultural studies: what contributions to accounting knowledge?," Post-Print hal-00676570, HAL.
    4. Vassili Joannides & Nicolas Berland & Danture Wickramasinghe, 2010. "Post-Hofstede diversity/cultural studies: what contributions to accounting knowledge?," Grenoble Ecole de Management (Post-Print) hal-01661685, HAL.

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