1. OAR@UM
  2. External Research Collection
  3. Social Sciences
  4. Finance
  5. Journal of Corporate Governance, Insurance and Risk Management
  6. 2016
  7. JCGIRM, Volume 3, Issue 1, 2016 (Special issue)
Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/66834
Full metadata record
DC FieldValueLanguage
dc.contributor.authorTodorovic, Igor-
dc.contributor.authorPoljasevic, Jelena-
dc.date.accessioned2021-01-07T13:25:59Z-
dc.date.available2021-01-07T13:25:59Z-
dc.date.issued2016-
dc.identifier.citationTodorovic, I., & Poljasevic, J. (2016). The impact of a going-concern audit opinion on board of directors. Journal of Corporate Governance, Insurance and Risk Management, 3(1), 87-96.en_GB
dc.identifier.issn2757-0983-
dc.identifier.urihttps://www.um.edu.mt/library/oar/handle/123456789/66834-
dc.description.abstractPaper examines the impact of a going-concern audit opinion on the corporate governance, measured by the changes in board of directors’ composition. External auditor’s opinion is used as a measure to address agency problems in companies. We examine this impact on sample of 55 companies listed on the Banja Luka Stock Exchange which have received going-concern audit opinion for 2013 financial reports. In this paper, the relationship between going-concern audit opinion and the corporate governance is investigated observing changes in board of director composition and additional requests for rigorous board performance evaluation after the shareholder’s assembly have received external auditor’s report. Results show that board of directors of companies that received going-concern audit opinions have not suffered serious consequences such as rigorous board performance evaluation, reduction of board size or changes of board members. This highlights the importance of measures that need to be put in place in order to increase of external auditor’s role in corporate governance.en_GB
dc.language.isoenen_GB
dc.publisherGovernance Research and Development Centre, Croatia & University of Malta, Faculty of Economics, Management and Accountancy, Department of Insuranceen_GB
dc.rightsinfo:eu-repo/semantics/openAccessen_GB
dc.subjectCorporate governanceen_GB
dc.subjectBoards of directorsen_GB
dc.subjectAuditingen_GB
dc.subjectGoing concern (Accounting)en_GB
dc.titleThe impact of a going-concern audit opinion on board of directorsen_GB
dc.typearticleen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.en_GB
dc.description.reviewedpeer-revieweden_GB
dc.publication.titleJournal of Corporate Governance, Insurance and Risk Managementen_GB
Appears in Collections:JCGIRM, Volume 3, Issue 1, 2016 (Special issue)

Files in This Item:
File Description SizeFormat 
JCGIRM3(1)7.pdf171.79 kBAdobe PDFView/Open
Show simple item record Statistics


Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.