Management's responsibility acceptance, locus of breach, and investors' reactions to internal control reports

• Main Authors: Tan, Hun-Tong, Yu, Yao
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2019
• Subjects: Business::Accounting; Internal Controls over Financial Reporting; Section 404 of SOX
• Online Access: https://hdl.handle.net/10356/103416; http://hdl.handle.net/10220/49490
• Institution: Nanyang Technological University

The triangle model of responsibility (Schlenker, Britt, Pennington, Murphy, and Doherty 1994) predicts that the extent that investors hold management responsible for an adverse event is jointly determined by the links among three elements—management, the adverse event, and the relevant accounting re...