Abstract
The manuscript seeks to analyze the effects that the quality of integrated reporting and its classes of capital may have on the assessment of the audit quality, in particular involving audit risk and audit fees in Europe. Specifically, it aims at exploring the theoretical and practical background of audit risk and integrated reporting by comparing different frameworks. The analysis was based on a sample of European listed firms in 2014 using the ESG Asset 4 Database (Thomson Reuters Datastream), which provides objective, relevant and systematic environmental, social and governance (ESG) information based on individual data points of the Key Performance Indicators (KPIs) along with their original data sources. To test the research hypotheses, a set of regression and t-test analyses was performed. The empirical results for Europe shed some light on (a) both the evaluation of audit risk and the auditing model by contributing to that part of the literature focused on the evaluation of audit risk; (b) the measurement of the Integrated Reporting and its different frameworks across the world; and (c) the relationship between Audit Risk and Integrated Reporting. This study is useful for managers in the audited firms, investors at large, the partners of audit firms, and standard setters at both the national and international level.
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Demartini, C., Trucco, S. (2017). Introduction. In: Integrated Reporting and Audit Quality. Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-319-48826-4_1
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DOI: https://doi.org/10.1007/978-3-319-48826-4_1
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