Evaluation of Internal Control in Turkish Banking Sector in the View of Turkey Legislations and International Internal Control Models

Kartal, Mustafa Tevfik; Çelikdemir, Neşe Çoban

doi:10.1007/978-3-319-77622-4_22

Cited by 2 publications

(2 citation statements)

References 12 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…AHP and variation coefficient method were used to obtain the internal control index through weighting. This internal control index is suit for the real situation of transition economies like China and other emerging markets such as Turkish, and has been widely used in recent empirical research (Akwaa-Sekyi & Gen e, 2016; Kartal & Çelikdemir, 2018).…”

Section: Icqmentioning

confidence: 99%

Independent director interlocks: effects and boundary on the earnings persistence of the firm

Liao

Chen

2020

Economic Research-Ekonomska Istraživanja

View full text Add to dashboard Cite

This article first analyses the impact of independent director interlocks on firms' earnings persistence in China, an emerging market from 2007 to 2017. Using the independent director network data and the unique internal control index, this article investigates the association between independent director interlocks and earnings persistence, and the roles of firms' outside director interlocks and firms' inside internal control playing in earnings persistence. Our results reveal a significant and positive association between independent director interlocks and earnings persistence, and in the context, there is a clear mediation effect of internal control in relationship of independent director interlocks and earnings persistence. Further analyses on the scope and stability of independent director interlocks effects show that independent director interlocks can both improve accrual earnings persistence and cash flow persistence. Meanwhile, the effect of independent director interlocks differentiates under the influence of firms' strategy, only playing a significant role in defensive ones. Moreover, we find that independent director interlocks can relieve the 'accrual anomalies' in the securities market. Our results are robust to the various measure of earnings persistence and alternative methodological techniques.

show abstract

Section: Icqmentioning

confidence: 99%

Independent director interlocks: effects and boundary on the earnings persistence of the firm

Liao

Chen

2020

Economic Research-Ekonomska Istraživanja

View full text Add to dashboard Cite

show abstract

“…Then, the internal control index we use was obtained through weighting in accordance with AHP and the variation coefficient method. This method and the methodology of the internal control index have also been widely used in recent research [7,[16][17][18]69,70].…”

Section: Sample and Datamentioning

confidence: 99%

Firms’ Sustainability: Does Economic Policy Uncertainty Affect Internal Control?

Liao

Wang

2019

Sustainability

View full text Add to dashboard Cite

This paper studies whether economic policy uncertainty (EPU) influences internal control (IC). Exploiting EPU as an exogenous shock and using unique internal control index data at the firm level from China, we can make causal inferences about the EPU effect on IC, and provide new insight into firms’ sustainability. Our results show that firms tend to cope with higher EPU by improving IC, indicating their efforts to ensure sustainability development. We also find that this trend is intensified for firms localized in regions with a lower marketization degree, state-owned firms, or firms with fewer analysts following. Further analyses show that EPU significantly reduces the internal control auditing fees, hence backing up the association between EPU and IC. Unlike the previous literature, this paper shows the important role of internal control for firms in coping with EPU, which is of crucial significance to how firms seek to adhere to sustainable development and how economic policy works best.

show abstract

Evaluation of Internal Control in Turkish Banking Sector in the View of Turkey Legislations and International Internal Control Models

Cited by 2 publications

References 12 publications

Independent director interlocks: effects and boundary on the earnings persistence of the firm

Independent director interlocks: effects and boundary on the earnings persistence of the firm

Firms’ Sustainability: Does Economic Policy Uncertainty Affect Internal Control?

Contact Info

Product

Resources

About