Are Auditor and Audit Committee Report Changes Useful to Investors? Evidence from the United Kingdom

2015 ◽  
Author(s):  
Lauren C. Reid ◽  
Joseph V. Carcello ◽  
Chan Li ◽  
Terry L. Neal
Keyword(s):  
United Kingdom ◽  
Audit Committee ◽  
Committee Report ◽  
The United Kingdom

scholarly journals No More Uncertain: The Future of the Gurkhas in the British Army

2019 ◽  
pp. 89-102
Author(s):  
Paulina Stanik
Keyword(s):  
United Kingdom ◽  
Middle East ◽  
Committee Report ◽  
British Army ◽  
British Imperialism ◽  
Military Organization ◽  
Colonial Legacy ◽  
The United Kingdom ◽  
The Future ◽  
History Of

Nepalese soldiers, known as the Gurkhas, have been serving in the British Army for over 200 years and have become to be considered an integral part of this military organization. Their long history of service includes participation in the two world wars, as well as the more recent combat missions in the Middle East. However, some call the existence of their military participation a colonial legacy of British imperialism. The aim of this paper is to answer the question on the future of the Nepalese soldiers in the United Kingdom. The study is primarily based on the findings of the 1989 Defence Committee Report regarding the situation and prospects of the Brigade of the Gurkhas, which is juxtaposed with the most recent dispatches and research dealing with the British Army in general and with the Gurkhas themselves.

Cyclical Changes in the Level of the Equity and Gilt-Edged Markets

1973 ◽  
Vol 99 (3) ◽  
pp. 195-247 ◽  
Author(s):  
G. T. Pepper ◽  
R. L. Thomas
Keyword(s):  
United Kingdom ◽  
Money Supply ◽  
Committee Report ◽  
Economic Management ◽  
Research Project ◽  
Main Research ◽  
The United Kingdom ◽  
Bank Of England

Our earlier paper ‘The money supply, economic management and the gilt-edged market’ (J.I.A.96, 1) introduced the money supply as being ‘of importance to investment, in general because of possible changes in the economic management in the United Kingdom, and in particular because of the possible implications for the gilt-edged market’. To a large extent these changes have come about; the Authorities are now placing greater emphasis than in 1969 on controlling the money supply and support for the gilt-edged market was withdrawn when the Bank of England published Competition and Credit Control in May 1971.2. The present paper is more fundamental for investment. The introduction to the earlier paper referred to our main research project into the uses of the financial statistics which were first published in 1962 as a result of the Radcliffe Committee Report. Changes in the management of the economy and the gilt-edged market were side issues, however important; the present paper describes some of the interim conclusions of the main project which is still continuing.

Modern Asian Studies in the Universities of the United Kingdom

1967 ◽  
Vol 1 (1) ◽  
pp. 1-14 ◽  
Author(s):  
C. H. Philips
Keyword(s):  
United Kingdom ◽  
African Studies ◽  
Committee Report ◽  
Asian Studies ◽  
Good Opportunity ◽  
The United Kingdom ◽  
The Future ◽  
Made In

The launching of this journal of Modern Asian Studies, on the initiative of the Hayter Asian Centres in co-operation with the School of Oriental and African Studies, provides a good opportunity to review the progress being made in these studies in the universities of the United Kingdom. We have nearly reached the half-way stage of a ten-year programme of development which was put forward in the Hayter Committee Report of 1961, and are approaching the new quinquennium in which what has already been started should be consolidated and the new pattern for the future established.

scholarly journals CORPORATE GOVERNANCE AND FINANCIAL PERFORMANCE IN THE BANKING SECTOR OF NIGERIA AND THE UNITED KINGDOM

2020 ◽  
Vol 5 (1) ◽  
pp. 8-20
Author(s):  
Ayodeji Ajibade ◽  
◽  
Kofoworola Jaji ◽  
Jerry Kwarbai ◽  
Keyword(s):  
Corporate Governance ◽  
United Kingdom ◽  
Financial Performance ◽  
Audit Committee ◽  
Banking Sector ◽  
Stock Exchange ◽  
Secondary Data ◽  
Multiple Regression Model ◽  
Governance System ◽  
The United Kingdom

Banks are the support system of any economy, hence the significant need for economies to have a healthy system of banking with operative corporate governance system. The study examined the effect of corporate governance and financial performance in the banking sector of Nigeria and United Kingdom. It analysed secondary data collated from the annual report of ten listed banks each from the Nigeria and UK stock exchange markets. Using multiple regression model, the study examined the combined effect of board size, board composition, audit committee and firm size on the performance of the listed banks. The result shows that corporate governance variables have a significant effect on the financial performance of the Nigeria and U.K banking sector. Keywords: Inflation, monetary policy, economic growth, purchasing power, Nigeria.

scholarly journals Audit Committee Competence and Earnings Management in Europe

2022 ◽  
Vol 25 (1) ◽  
pp. 121-135
Author(s):  
César Zarza Herranz ◽  
Nuria Reguera Alvarado ◽  
Felix J. López Iturriaga
Keyword(s):  
United Kingdom ◽  
Earnings Management ◽  
Audit Committee ◽  
The Other ◽  
Dual Effect ◽  
Negative Relation ◽  
Financial Firms ◽  
The United Kingdom ◽  
Relevant Role

This study analyses the association between the competence of audit committee members and earnings management in a sample of 142 non-financial firms from France, Germany, Italy, Spain, and the United Kingdom over the 2006–2013 period. We measure members’ competence through their dedication and expertise. We find that outside directorships have a dual effect, such that a balanced level of dedication to the audit committee (roughly two outside directorships) reduces earnings management. We examine four types of expertise: audit, non-audit accounting, non-accounting financial, and supervisory expertise. We find a negative relation between earnings management and the audit experience of committee members, and that the other types of expertise play no relevant role. We also find that the contribution of audit experts to curbing earnings management proves particularly important in smaller and less active committees, as well as in smaller and busier boards. Este estudio analiza la asociación entre la competencia de los miembros del Comité de Auditoría y la gestión de los beneficios en una muestra de 142 empresas no financieras de Francia, Alemania, Italia, España y el Reino Unido durante el período 2006-2013. Se mide la competencia de los miembros a través de su dedicación y experiencia. Se descubre que el cargo de consejero externo tiene un efecto doble, de modo que un nivel equilibrado de dedicación al comité de auditoría (aproximadamente dos cargos de consejero externo) reduce la gestión de beneficios. Se examinan igualmente cuatro tipos de experiencia: de auditoría, contable no relacionada con la auditoría, financiera no contable y de supervision, encontrándose una relación negativa entre la gestión de beneficios y la experiencia en auditoría de los miembros del comité, y que los otros tipos de experiencia no desempeñan ningún papel relevante. También se descubre que la contribución de los expertos en auditoría para limitar la gestión de beneficios resulta especialmente importante en los comités más pequeños y menos activos, así como en los consejos más pequeños y más ocupados.

Air Transport (subsidy agreements bill (H. C.)). Memorandum explaining the financial resolution, Brazil. Agreement between the United Kingdom and the Brazilian Government for the demarcation of the boundary between British Guiana and Brazil, London, March 18, 1930, Army. The general annual report on the British Army for the year ending 30th September, 1929, etc,Channel Tunnel Committee Report, March 1930, Civil Estimates for the year ending 31 March, 1931, China. Exchange of notes between … the United Kingdom and the Chinese Government regarding the rendition of the British concession at Chinkiang, Nanking, Oct. 31, 1929, China. Exchange of notes between the United Kingdom and the Chinese Government regarding claims for losses sustained by British subjects at Chinkiang in 1927, Colonial Development Advisory Committee, First interim report of the, Aug. 1929–Feb. 1930, Imperial Standards. Report on comparisons of the parliamentary copies of the Imperial Standards … with the Imperial standard yard and the Imperial standard pound and with each other … with report on Re-verification of British National copies of Metre and Kilogramme, etc, Iraq and United States. Convention between H.M. and H.M. the King of Iraq and the President of the U.S.A., regarding rights of the United States and its nationals in Iraq ; with protocol and exchanges of notes, London, Irish Free State and Lithuania. Exchange of notes between the U.K. and the Irish Free State and the Lithuanian Government in regard to commercial relations as regulated by the exchange of notes of May 6, 1922, London, Liberia. Exchange of notes between the United Kingdom and the Liberian Government regarding the boundary between Sierra Leone and Liberia, Monrovia, Jan, Malta. Correspondence with the Holy

1930 ◽  
Keyword(s):  
United States ◽  
United Kingdom ◽  
The United States ◽  
Free State ◽  
Chinese Government ◽  
Committee Report ◽  
British Guiana ◽  
Brazilian Government ◽  
The United Kingdom ◽  
Irish Free State

Comprehensive Corporate Governance Mechanism and Disclosure Quality: Evidence from the United Kingdom

2021 ◽  
Vol 12 (3) ◽  
pp. 2852-2872
Author(s):  
Nooraisah Katmon Et.al
Keyword(s):  
Corporate Governance ◽  
United Kingdom ◽  
Audit Committee ◽  
Forecast Accuracy ◽  
Analyst Forecast ◽  
Governance Mechanism ◽  
Disclosure Quality ◽  
Multiple Directorships ◽  
The United Kingdom

Our study empirically examines the relationship between corporate governance and disclosure quality from the context of the United Kingdom. While studies on corporate governance and disclosure quality are extensive, we argue that only limited studies have utilised analyst forecast accuracy as a proxy for disclosure quality. We concentrateon the analyst forecast accuracy since we value the credibility of financial analysts in forecasting the firm’s earnings. Analyst are the expert users of the firm’s information and they rely on their analysis to predict firm’s earnings as well as to make a recommendation. We derived our sample from the analyst perception on the firms with high quality of disclosure that is the Investor Relation (IR) Magazine Award. Specifically we used 127 match-paired sample (i.e., winners and non-winners) of IR Magazine Award during the year 2005-2008. We measure corporate governance using board characteristics, audit committee characteristics, chairman and audit committee multiple directorships, chairman tenure and institutional ownership. Our findings report that multiple directorship by audit committee consistently increases disclosure quality. This suggest that the multiple directorships held by audit committee in other firms potentially improve their knowledge and experience in improving the quality of disclosure.Moreover, the result also shows a negative association between audit committee financial expertiseand board independent on the extent of quality of disclosure. These findings imply that the appointment of audit committee with financial expertise as well as an independent directors are merely a ticking the box activities, thus it appears in the letter form, but not in spirit. Our results are robust across various estimation, alternative measurement as well as endogeneity test that we have conducted.

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