Narcissism in Iranian auditing profession

Banimahd, Bahman; Dilami, Z Dianati; Javanmard, Mahsa

doi:10.5267/j.msl.2013.04.006

Cited by 5 publications

(7 citation statements)

References 19 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Raskin and Terry (1988) declare that the following seven components characterize narcissism, namely, power, selfishness, prominence, pride, stability, reduced entitlement and self-sufficiency. Narcissism is used for describing behaviors in organizations, and recent studies on finance, accounting and auditing indicate that narcissism describes firm behavior (Banimahd et al, 2013). Banimahd et al (2013) declare that when an auditor benefits from a high narcissism level, this may affect the auditor's judgment about the clients' performance and lead to an incorrect and biased report about firm performance.…”

Section: Auditor Narcissismmentioning

confidence: 99%

“…Narcissism is used for describing behaviors in organizations, and recent studies on finance, accounting and auditing indicate that narcissism describes firm behavior (Banimahd et al, 2013). Banimahd et al (2013) declare that when an auditor benefits from a high narcissism level, this may affect the auditor's judgment about the clients' performance and lead to an incorrect and biased report about firm performance. Moreover, most of the studies on accounting, for example, Cohen et al (2010), show that narcissism is positively associated with recent frauds and scandals.…”

Section: Auditor Narcissismmentioning

confidence: 99%

See 1 more Smart Citation

The effect of auditor narcissism on audit market competition

Mohammadi

Salehi

Arabzadeh

et al. 2021

MRR

View full text Add to dashboard Cite

Purpose This paper aims to assess auditor narcissism’s effect on audit market competition (auditor concentration, clients’ concentration and competitive pressure). Design/methodology/approach This paper’s method is descriptive-correlational based on published information from listed firms on the Tehran Stock Exchange from 2012 to 2018 using a sample of 188 firms (1,310 observations). The method used for hypothesis testing is linear regression using panel data. Findings The results show a negative and significant relationship between auditor narcissism and audit market competition and its indices, including auditor concentration, clients’ concentration and competitive pressure. Moreover, a positive and significant relationship was observed between audit quality and audit market competition and its indices, including auditor concentration, client concentration and competitive pressure. Originality/value To analyzes competition indices in the audit market (auditor concentration, clients’ concentration and competitive pressure). The variable is assessed once more using the exploratory factor analysis of the so-called three variables single variable, named audit market competition. So the central question of the study is investigated within a broader sense. Moreover, as the present study is carried out in the emergent financial markets with extremely competitive audit markets to figure out the effect of auditors’ intrinsic characteristics on such markets’ competitiveness, it can provide useful information in this field.

show abstract

Section: Auditor Narcissismmentioning

confidence: 99%

Section: Auditor Narcissismmentioning

confidence: 99%

The effect of auditor narcissism on audit market competition

Mohammadi

Salehi

Arabzadeh

et al. 2021

MRR

View full text Add to dashboard Cite

show abstract

“…Going through the results, we find that (1) male auditors are more narcissistic than female auditors, but this difference is not statistically significant at 5% level. Banimahd et al. (2013) reported that the average of narcissism is different between male and female auditors and Grijalva et al.…”

Section: Resultsmentioning

confidence: 99%

Auditors' narcissism and their professional skepticism: evidence from Iran

Safarzadeh

Mohammadian

2023

ARA

View full text Add to dashboard Cite

PurposeThis study aims to examine the association between Iranian auditors' narcissism and the auditors' professional skepticism.Design/methodology/approachThe authors' sample is comprised of 355 professional auditors working in the private and public sectors in Iranian firms in 2022. The authors use cross-sectional multivariate regression as the main methodology, along with the structural equation modeling (SEM) technique.FindingsThe authors find that a higher level of narcissism leads to a greater level of professional skepticism among auditors, which ultimately can enhance the quality of the audit process. The results provided via the robustness tests also supported this finding.Originality/valueThe authors' findings further the understanding of the role of narcissistic personality traits in improving professional skepticism among auditors of an Islamic and emerging country. In addition, audit firms and audit partners can also consider the findings of this study and enhance the effectiveness of audit processes by assigning appropriate employees with certain personalities to specific tasks.

show abstract

“…On the other hand, Cohen et al (2010) also reveal a positive and significant relationship between auditor narcissism, fraud and financial scandals. Banimahd et al (2013) perceive that narcissism is significantly different among auditor groups in the private section. However, in the public section, such a relationship between narcissistic characters is not significant among auditor groups.…”

Section: Theoretical Issuesmentioning

confidence: 96%

The relationship between political connections, auditor characteristics and auditor narcissism

Khaksar

Salehi

Dashtbayaz

2021

JFM

View full text Add to dashboard Cite

Purpose This study aims to assess the relationship between political connections, auditor characteristics (audit quality and industry specialization) and auditors’ intrinsic characteristics (narcissism) in listed firms on the Tehran Stock Exchange. In other words, this paper attempts to answer the question “whether political connections, audit quality and industry specialization contribute to the growth of narcissism and overconfidence of auditors of listed firms on the Tehran Stock Exchange or not.” Design/methodology/approach A multivariate regression model is used for hypothesis testing. The study’s hypotheses were also examined using a sample of 768-year firm listed on the Tehran Stock Exchange during 2013–2018 and by using the multiple regression pattern. Findings The obtained results indicate a negative and significant association between political relations, narcissism and overconfidence. The auditor’s overconfidence will go down by increasing political relations. Moreover, the results show a positive and significant relationship between audit quality, industry specialization and narcissism. On the other hand, to the best of authors’ knowledge, this study measured, for the first time, the severity of political connections by using the exploratory factor analysis of eight variables (long-term liabilities, firm size, financial leverage, export, human resources, major governmental shareholders, board members affiliated to the government and institutional ownership). Originality/value The authors figured out that few studies carried out, so far, in the emergent markets on political connections and their impacts on narcissism and overconfidence of auditors, so this paper aims to assess the effect of such a phenomenon in the emergent markets and contributes to the development of knowledge and science in this field.

show abstract

Narcissism in Iranian auditing profession

Cited by 5 publications

References 19 publications

The effect of auditor narcissism on audit market competition

The effect of auditor narcissism on audit market competition

Auditors' narcissism and their professional skepticism: evidence from Iran

The relationship between political connections, auditor characteristics and auditor narcissism

Contact Info

Product

Resources

About