ETHICS, EQUITY, AND REGULATION
ADVANCES IN PUBLIC INTEREST ACCOUNTING Series Editor: Cheryl R. Lehman Recent Volumes: Volume 1: Volume 2:
(1986) (1987)
Volume Volume Volume Volume
(1990) (1991) (1993) (1995)
3: 4: 5: 6:
Volume 7: Volume 8: Volume 9: Volume 10: Volume 11: Volume 12: Volume 13: Volume 14:
(1998) (2001) Advances in Accountability: Regulation, Research, Gender and Justice (2002) Mirrors and Prisms: Interrogating Accounting (2005) Re-inventing Realities (2005) Corporate Governance: Does Any Size Fit? (2006) Independent Accounts (2008) Envisioning a New Accountability (2009) Extending Schumacher’s Concept of Total Accounting and Accountability into the 21st Century
ADVANCES IN PUBLIC INTEREST ACCOUNTING VOLUME 15
ETHICS, EQUITY, AND REGULATION SERIES EDITOR
CHERYL R. LEHMAN Hofstra University, New York, USA ASSOCIATE EDITORS
TONY TINKER Baruch College, The City University of New York, USA
BARBARA MERINO University of North Texas, USA
MARILYN NEIMARK Baruch College, The City University of New York, USA
United Kingdom – North America – Japan India – Malaysia – China
Emerald Group Publishing Limited Howard House, Wagon Lane, Bingley BD16 1WA, UK First edition 2010 Copyright r 2010 Emerald Group Publishing Limited Reprints and permission service Contact:
[email protected] No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. No responsibility is accepted for the accuracy of information contained in the text, illustrations or advertisements. The opinions expressed in these chapters are not necessarily those of the Editor or the publisher. British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library ISBN: 978-1-84950-728-8 ISSN: 1041-7060 (Series)
Awarded in recognition of Emerald’s production department’s adherence to quality systems and processes when preparing scholarly journals for print
CONTENTS LIST OF CONTRIBUTORS
vii
AD HOC REVIEWERS
ix
THE IMPACT OF REGULATION ON ECONOMIC BONDING AND AUDITOR INDEPENDENCE: AN ANALYSIS OF SOX AND SUGGESTIONS FOR FUTURE RESEARCH Denise Dickins and Terrance Skantz
1
ROLE PERCEPTIONS OF ACCOUNTANTS: TEN MORE YEARS THROUGH THE LOOKING GLASS Charles R. Enis
23
SUSTAINABILITY REPUTATION AND ENVIRONMENTAL PERFORMANCE OR ‘‘THE PROOF OF THE PUDDING IS IN THE EATING’’ Martin Freedman and A. J. Stagliano
61
A STUDY OF THE EXPECTATIONS GAP FOR NOASSURANCE SERVICES Brian Patrick Green, Alan Reinstein and Cathleen L. Miller DOES EQUITY COMPENSATION INDUCE EXECUTIVES TO MAXIMIZE FIRM VALUE OR THEIR OWN PERSONAL WEALTH? Theresa F. Henry
v
75
111
vi
CONTENTS
THE GAME OF FRAUDULENT FINANCIAL REPORTING: ACCOUNTING FOR ETHICS Keith L. Jones
141
STAKEHOLDERS’ PERCEPTIONS ON THE ACCOUNTABILITY OF MALAYSIAN LOCAL AUTHORITIES Stuart Tooley, Jill Hooks and Norida Basnan
161
AN EXPERIMENTAL INVESTIGATION OF THE INTENTIONS TO ACCRUE AND DISCLOSE ENVIRONMENTAL LIABILITIES Stephanie M. Weidman, Anthony P. Curatola and Frank Linnehan
195
LIST OF CONTRIBUTORS Norida Basnan
Universiti Kebangsaan Malaysia, Bangi Selangor, Malaysia
Anthony P. Curatola