MARC details
| 000 -LEADER |
|---|
| fixed length control field |
02172nam a22002657a 4500 |
| 003 - CONTROL NUMBER IDENTIFIER |
|---|
| control field |
ZW-GwMSU |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
|---|
| control field |
20210413094940.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
210413b ||||| |||| 00| 0 eng d |
| 040 ## - CATALOGING SOURCE |
|---|
| Original cataloging agency |
MSU |
| Transcribing agency |
MSU |
| Description conventions |
rda |
| 100 1# - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Zhongxia,Shelly Ye |
| Relator term |
author |
| 245 10 - TITLE STATEMENT |
|---|
| Title |
Shareholder Voting in Director Elections and Initial SOX Section 404 Reports/ |
| Statement of responsibility, etc. |
Created by Zhangxia, Shelly Ye |
| 264 ## - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE |
|---|
| Place of production, publication, distribution, manufacture |
Thousand Oaks; |
| Name of producer, publisher, distributor, manufacturer |
Sage, |
| Date of production, publication, distribution, manufacture, or copyright notice |
2013. |
| 336 ## - CONTENT TYPE |
|---|
| Source |
rdacontent |
| Content type term |
text |
| Content type code |
txt |
| 337 ## - MEDIA TYPE |
|---|
| Source |
rdamedia |
| Media type term |
unmediated |
| Media type code |
n |
| 338 ## - CARRIER TYPE |
|---|
| Source |
rdacarrier |
| Carrier type term |
volume |
| Carrier type code |
nc |
| 440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE |
|---|
| Title |
Journal of accounting,auditing and finance |
| Volume/sequential designation |
Volume 28, number 2 , |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
A primary channel for shareholders to express their dissatisfaction with the board is by withholding their votes in director elections. This study examines the relation between shareholders’ voting in director elections and initial Sarbanes-Oxley (SOX) Section 404 reports on internal control. We find that the presence of material weaknesses is associated with shareholder voting, but the effect varies between manager directors and audit committee directors. In the manager sample, shareholders react negatively to the existence of material weaknesses by withholding votes. Additional analysis of companies with material weaknesses reveals greater shareholder dissatisfaction when the number of material weaknesses is higher but less dissatisfaction when the company provided early warning disclosure of internal control problems during the fiscal year. By contrast, audit committee directors are not penalized for material weaknesses, but instead these directors are penalized for accounting restatements. Overall, the results provide new insights into the effects of internal control strength and restatements on shareholder voting for directors, and can potentially motivate directors to be more proactive in ensuring the quality of internal controls and the reliability of financial reporting. |
| 650 4# - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
director election, |
| 650 4# - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
shareholder voting, |
| 650 4# - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
internal control |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Dana.R.Hermanson; |
| Relator term |
author |
| 700 1# - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Jagan Krishan |
| Relator term |
author |
| 856 ## - ELECTRONIC LOCATION AND ACCESS |
|---|
| Uniform Resource Identifier |
10.1177/0148558X13477305 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Source of classification or shelving scheme |
Library of Congress Classification |
| Koha item type |
Journal Article |