IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxxy2020i1p909-918.html
   My bibliography  Save this article

Financial Audit vs. Corporate Governance Practices – A Viewpoint on Current Challenges and Perspectives in the Time of CoVid-19

Author

Listed:
  • Delia Deliu

    (West University of TimiÅŸoara)

Abstract

The focus on effective corporate governance and financial audit quality has expanded exponentially over the last two decades, but especially now, when the world is in a pandemic crisis, states, companies and citizens being in urgent need for strategies to fight, cope with and ease the pandemic, as well as to protect their societies and economies during and after this socio-economic crisis. The chosen topic for this paper lies in the challenges and perspectives of the (effective) corporate governance – (qualitative) financial audit relationship, with a particular emphasis on the factors that influence the relationship of interdependence between these two, respectively the (proactive!) role of the financial auditor, in the context of the new Coronavirus (Covid-19) pandemic. Endorsements outlined in this paper do not encompass an unequivocal statement of law, but epitomise the results of the exploratory and observation research, respectively the author’s best interpretation of where things stand as of the date of publishing this manuscript.

Suggested Citation

  • Delia Deliu, 2020. "Financial Audit vs. Corporate Governance Practices – A Viewpoint on Current Challenges and Perspectives in the Time of CoVid-19," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 909-918, August.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:1:p:909-918
    as

    Download full text from publisher

    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2020/Section%205/10.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Clark, Gordon L. & Wojcik, Dariusz, 2007. "The Geography of Finance: Corporate Governance in the Global Marketplace," OUP Catalogue, Oxford University Press, number 9780199213368.
    2. Sloan, Richard G., 2001. "Financial accounting and corporate governance: a discussion," Journal of Accounting and Economics, Elsevier, vol. 32(1-3), pages 335-347, December.
    3. Nicoleta Farcane & Delia Deliu & Eusebiu Bureană, 2019. "A Corporate Case Study: The Application of Rokeach’s Value System to Corporate Social Responsibility (CSR)," Sustainability, MDPI, vol. 11(23), pages 1-19, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gordon L Clark & Ashby H B Monk, 2014. "The Geography of Investment Management Contracts: The UK, Europe, and the Global Financial Services Industry," Environment and Planning A, , vol. 46(3), pages 531-549, March.
    2. Ahsan Habib & Mabel D' Costa & Hedy Jiaying Huang & Md. Borhan Uddin Bhuiyan & Li Sun, 2020. "Determinants and consequences of financial distress: review of the empirical literature," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(S1), pages 1023-1075, April.
    3. Rupjyoti Saha & K. C. Kabra, 2020. "Corporate Governance and Voluntary Disclosure: A Synthesis of Empirical Studies," Business Perspectives and Research, , vol. 8(2), pages 117-138, July.
    4. Claude Dupuy & Stephanie Lavigne & Dalila Chenaf-Nicet, 2016. "Where Do “Impatient” Mutual Funds Invest? A Special Attraction for Large Proximate Markets and Companies with Strategic Investors," Post-Print hal-03897273, HAL.
    5. Lillo, Felipe & Valdés, Rodrigo, 2016. "Dynamics of financial markets and transaction costs: A graph-based study," Research in International Business and Finance, Elsevier, vol. 38(C), pages 455-465.
    6. Gianni Carbonaro & Eugenio Leanza & Philip McCann & Francesca Medda, 2018. "Demographic Decline, Population Aging, and Modern Financial Approaches to Urban Policy," International Regional Science Review, , vol. 41(2), pages 210-232, March.
    7. Mohammad Enamul Hoque, 2017. "Why Company Should Adopt Integrated Reporting?," International Journal of Economics and Financial Issues, Econjournals, vol. 7(1), pages 241-248.
    8. Ashby H B Monk, 2011. "Sovereignty in the Era of Global Capitalism: The Rise of Sovereign Wealth Funds and the Power of Finance," Environment and Planning A, , vol. 43(8), pages 1813-1832, August.
    9. Rajiv Sharma & Eric Knight, 2016. "The Role of Information Density in Infrastructure Investment," Growth and Change, Wiley Blackwell, vol. 47(4), pages 520-534, December.
    10. Lee, Neil & Brown, Ross, 2016. "Innovation, SMEs and the liability of distance: the demand and supply of bank funding in peripheral UK regions," LSE Research Online Documents on Economics 66215, London School of Economics and Political Science, LSE Library.
    11. Habib, Ahsan & Jiang, Haiyan, 2015. "Corporate governance and financial reporting quality in China: A survey of recent evidence," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 24(C), pages 29-45.
    12. Jamian, Nur Hayati, 2017. "The Role of Corporate Governance and Its Impact on Risk and Firm Performance of Consumer Industry: Apollo Food Holdings Berhad," MPRA Paper 78583, University Library of Munich, Germany.
    13. Mohd Hassan Che Haat & Rashidah Abdul Rahman & Sakthi Mahenthiran, 2008. "Corporate governance, transparency and performance of Malaysian companies," Managerial Auditing Journal, Emerald Group Publishing, vol. 23(8), pages 744-778, September.
    14. Thierry Theurillat & José Corpataux & Olivier Crevoisier, 2008. "The Impact of Institutional Investors on Corporate Governance: A View of Swiss Pension Funds in a Changing Financial Environment," GRET Publications and Working Papers 12-08, GRET Group of Research in Territorial Economy, University of Neuchâtel.
    15. Ghasemi Ali Abadi , Mehdi & Shakeri , Abbas & Nassiri Aghdam , Ali, 2017. "Introducing a Model to Measure the Corporate Governance Index in Usury-Free Banking," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 12(1), pages 55-71, January.
    16. Seo, Bongman, 2011. "Geographies of Finance : Centers, Flows, and Relations," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 52(1), pages 69-86, June.
    17. Peter Wood & Dariusz Wójcik, 2010. "A Dominant Node of Service Innovation: London’s Financial, Professional and Consultancy Services," Chapters, in: Faïz Gallouj & Faridah Djellal (ed.), The Handbook of Innovation and Services, chapter 25, Edward Elgar Publishing.
    18. Diana Weekes‐Marshall, 2022. "A developing country's commercial banking risk governance disclosures: Post‐financial crisis," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(3), pages 3265-3286, July.
    19. Yulan, Zheng & Li, Ao & Yan, Zehao & Bai, Yuxin & Chen, Sicen, 2024. "Does employee whistleblowing inhibit corporate pollutant emission," International Review of Financial Analysis, Elsevier, vol. 91(C).
    20. Yun Li & Ming Xu & Juncheng Dai & Zhenshan Yang & Zhe Cheng, 2023. "Examining the Impact of Infrastructure Financialization on Uneven Regional Development: Evidence from China," Land, MDPI, vol. 12(3), pages 1-12, March.

    More about this item

    Keywords

    corporate governance; financial audit; sensitive socio-economic context; CoVid-19;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xx:y:2020:i:1:p:909-918. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.