The aim of this study is to investigate the relationship between corporate social responsibility (CSR) disclosure and financial performance with the consideration of the mediating role of financial statement comparability (FSC) for a sample of Vietna...
As financial markets are characterized by the increasing incidence and complexity of fraudulent activities, generating substantial losses for companies while posing serious risks to potential investors, financial fraud is a constantly debated issue,...
This study explores the effect of financial statement comparability on environmental, social, and governance (ESG) performance. Comparability is a qualitative characteristic that enhances the usefulness of accounting information, as emphasized in the...
This study examined the relationship between target firms’ financial statement comparability and bidder firms’ boundary decisions. The study used initial public offering (IPO) firms as target firms to test the impact of asymmetric information and sig...
The COVID-19 pandemic had a wide-ranging impact, resulting in a global recession due to weakened purchasing power. This circumstance necessitates business organizations adapting to developments and being more conscious of the risk of financial statem...
The qualitative information of companies’ financial statements provides useful information that can increase the accuracy of bankruptcy prediction models. In this research, a dataset of 924,903 financial statements from 355,704 German companies...
9 May 2021
Identifying fraudulent financial statements is important in open innovation to help users analyze financial statements and make investment decisions. It also helps users be aware of the occurrence of fraud in financial statements by considering the a...
Information asymmetry is everywhere in financial status, financial information, and financial reports due to agency problems and thus may seriously jeopardize the sustainability of corporate operations and the proper functioning of capital markets. I...
This study analyzes the ability of machine-learning algorithms to detect financial statement fraud using four financial ratios as inputs: the Altman Z-Score, Beneish M-Score, Montier C-Score, and Dechow F-Score. It also evaluates whether the Wirecard...
In recent years, financial statement fraud schemes have evolved to become markedly more sophisticated and concealed, thereby posing severe threats to both social stability and economic health. Traditional detection methods, which rely primarily on fr...
This research is motivated by the application of countercyclical policy, such as credit restructuring, by banking companies during the COVID-19 pandemic. The credit restructuring that the banks carried out had the potential to affect their financial...
By employing the 2017 reform of China’s financial statement presentation as an exogenous shock, we evaluate how the change shapes the likelihood of stock price crashes. Our analysis indicates that firms affected by the reform exhibit notably hi...
This study investigates the influence of corporate governance on reducing financial statement fraud (FSF) in Jordanian service and industrial companies listed on the Amman Stock Exchange from 2018 to 2022. To achieve this, the study employed the Bene...
This study aims to develop a better Financial Statement Fraud (FSF) detection model by utilizing data from publicly available financial statements of firms in the MENA region. We develop an FSF model using a powerful ensemble technique, the XGBoost (...
Good financial management provides economic stability and sustainability to an organization. It enables an organisation to make good use of its resources and plan effectively. South Africa’s public financial management has deteriorated over tim...
Financial statement fraud remains a substantial risk in environments marked by weak regulatory oversight and information asymmetry. This study develops a decision-centric framework that integrates machine learning, explainable artificial intelligence...
Financial statement fraud (FSF) remains a persistent concern in emerging markets, where institutional weaknesses and ineffective monitoring increase the risk of financial misreporting. Although prior studies have largely relied on the Fraud Triangle...
This article proposes a structured framework for financial statement fraud in five dimensions, nature of fraud, execution, participation, organizational impact, and environment, which are broken down into variables and subvariables to describe and an...
The complexity and interconnection within the financial ecosystem demand innovative solutions to improve transparency, security, and efficiency in financial reporting and liquidity management, while also reducing accounting fraud. This paper presents...
Reliable financial reporting is critical for maintaining market confidence and guiding stakeholders’ decision-making, yet traditional audit methods often fail to detect sophisticated fraud schemes that are hidden within large volumes of transac...
Financial statement fraud inflicts large and recurring losses on capital markets, yet the dominant detection paradigm still relies on single, black-box classifiers (e.g., RUSBoost) trained on structured accounting ratios alone. Two limitations follow...
Electricity is currently one of the most popular sources of energy. Considering such widespread use of electric energy, we may ask, what is the economic cost of producing and supplying it? The climate crisis and the social pressure associated with it...
The purpose of this study was to analyze the impact of financial performance on the tone used in the chief executive officer (CEO) statements of South Africa’s (SA) top 40 JSE-listed companies in the 2021 financial year. This study implements t...
This study aims to establish a rigorous and effective model to detect enterprises’ financial statements fraud for the sustainable development of enterprises and financial markets. The research period is 2004–2014 and the sample is companies listed on...
The models for predicting audit opinion analyze the variables that affect the probability of obtaining a qualified opinion. This helps auditors to plan revision procedures and control their performances. Despite their apparent relevance, existing mod...
The growing importance of identifying environmental, social and governance (ESG) risks is driven by increasing regulatory requirements and stakeholder expectations. However, information asymmetry, disclosure–performance gaps and potential green...
This study examines whether information about the winners of the Sustainability Reporting Award (SRA) contributes to the usefulness of the information in financial statements. This study used a sample consisting of 110 winners of SRA (SRA firms) and...
The COVID-19 pandemic has strongly affected the economic situation of many countries, which is worth considering not only globally but also in the context of specific industries. An asset that is particularly sensitive to negative economic changes is...
Identifying financial statement fraud activities is very important for the sustainable development of a socio-economy, especially in China’s emerging capital market. Although many scholars have paid attention to fraud detection in recent years,...
Corporate credit ratings provide multiple strategic, financial, and managerial benefits for decision-makers. Therefore, it is essential to have accurate and up-to-date ratings to continuously monitor companies’ financial situations when making...
This study examines the investigation of accounting factors through audited financial statements in businesses by analyzing the qualified staff and investment in technology for sustainable profit. Therefore, the main goal is to analyze whether qualif...
While much attention has been given, to date, to subsidies and taxes, the literature on the topic is yet to address less visible aspects of electro-mobility. These include the interactions among players, including money exchanges, and balance sheet i...
Prior research has extensively examined the relationship between religion and accrual-based earnings management. However, there is currently little research on the relationship between religion and real (non-accrual) earnings management, especially i...
10 February 2025
The relationships within a supply chain are crucial for analyzing business transactions and can reveal significant patterns in disclosed financial data. These relationships also aid in the assessment and detection of financial fraud. Recent studies e...
Dynamic panel data methods, and System GMM in particular, have become a methodological reference point in accounting research, yet their diagnostic performance has rarely been validated against the structural conditions characteristic of Southeast Eu...
Creative accounting has its background since early studies in 1975, until the present time. It continues to be a subject of great interest for the companies and interested parties. Thus, the current paper will aim to answer the following proposed res...
This exploratory study examines preferences for additional disclosures by agricultural companies in Poland. The supplied spreadsheet contained 374 rows and 23 questionnaire fields but only 75 distinct response profiles, each repeated three to ten tim...
Agricultural food is generally regarded as the basis of “national security” by most countries. Through marketing strategies, promoting the sales of agri-food products in the context of a pandemic is of great significance to national food...
The paper aims to investigate whether regional innovation subsidies have a relevant effect for beneficiary firms, taking into account a couple of different regions in Italy, namely Lombardy and Sicily, characterized by different subsidy rules and loc...
This article classifies petrol retail companies in Spain based on their financial ratios using the compositional data analysis (CoDA) methodology. This methodology solves the most common distributional problems encountered in the statistical analysis...
This study intends to identify the motives that lead to increasing or fighting the fraud risk in the Financial Statements (FSs) of industrial companies whose shares are traded in regulated and unregulated markets at the Amman Stock Exchange (ASE) bas...
Corporate financial statements address multiple stakeholders’ needs. International Financial Reporting Standards (IFRSs), among others, allow two different classifications, “by function of expense” and “by nature of expense”, for the statement of pro...
The purpose of this article is to assess the comparability of financial information presented in the annual statements of insurance companies by means of the NiCE (Nijmegen Centre for Economics) index of financial report quality assessment and sugges...
This paper examined whether financial statement comparability constrains opportunistic earnings management in frontier market countries. Using a large sample of 19 frontier market countries, and an accounting comparability method that maps comparabil...
Purpose: The main purpose of this article is to study the IFRS implications of COVID-19 for selected travel and leisure companies listed on the JSE. The article investigates how these selected companies disclose financial information regarding the go...
Transparency in financial reporting is crucial for maintaining trust in financial markets, yet fraudulent financial statements remain challenging to detect and prevent. This study introduces a novel approach to detecting financial statement fraud by...
This study explores the influence of financial statement audits on tax compliance directly and indirectly through access to finance, and it examines gender roles to improve tax compliance through access to finance and financial statement audits. The...
The paper aims to determine the role of the financial situation of production companies in the relationship between their environmental initiatives and their factors of competitiveness. The paper takes advantage of primary and secondary statistical d...
This study investigates the conformity to Benford’s Law of the information disclosed in financial statements. Using the first digit test of Benford’s Law, the study analyses the reliability of financial information provided by listed companies on an...
The Chinese government promulgated the National Nutrition Plan 2017–2030 to provide scientific guidance for agrifood consumption and enhance nutrition intake. We categorized the sample into pre-2018 and post-2018 periods. By evaluating the effe...
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