2015
DOI: 10.7603/s40706-015-0024-3
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Financial Reporting Quality, Executive Stock Options and Business Ethics

Abstract: Abstract-This paper tests the improvement of financial reporting quality when firms award stock options to their executives. The originality of this study is that we introduce the moderating effect of business ethics in the model. The sample is made up of 116 Canadian high-technology firms with available data for the fiscal year ending in 2012. We define the quality of financial reporting as the value relevance of accounting information as developed by Ohlson. Our results show that executive stock option award… Show more

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Cited by 2 publications
(1 citation statement)
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“…Attitude measures in this research include meeting needs, being a complete and suitable product, and having an outstanding and reliable image (Keller 2008;Kotler 2011;Blair & Chiou 2012). The third perspective, ethics, is an important factor in convincing customers to finance a company and moral values of a high level (Rakoto, 2015), differentiating the business from its competitors (Quader & Sohel, 2018). Ethics becomes a key strategy in the organization's management in controlling risks and generating sustainable development (Adelstein & Clegg, 2011).…”
Section: Brand Equitymentioning
confidence: 99%
“…Attitude measures in this research include meeting needs, being a complete and suitable product, and having an outstanding and reliable image (Keller 2008;Kotler 2011;Blair & Chiou 2012). The third perspective, ethics, is an important factor in convincing customers to finance a company and moral values of a high level (Rakoto, 2015), differentiating the business from its competitors (Quader & Sohel, 2018). Ethics becomes a key strategy in the organization's management in controlling risks and generating sustainable development (Adelstein & Clegg, 2011).…”
Section: Brand Equitymentioning
confidence: 99%