Board committees and non-financial information assurance services

Isabel-María García-Sánchez (), Nicola Raimo (), Víctor Amor-Esteban () and Filippo Vitolla ()
Additional contact information
Isabel-María García-Sánchez: Universidad de Salamanca
Nicola Raimo: Finance and Technology of the LUM University
Víctor Amor-Esteban: Universidad de Salamanca
Filippo Vitolla: Finance and Technology of the LUM University

Journal of Management & Governance, 2023, vol. 27, issue 1, No 1, 42 pages

Abstract: Abstract The objective of this study is to examine the role that the specialized committees, created within the board of directors, and the auditor play in relation to the hiring of a non-financial information assurance service and in relation to the choices of the assurance provider for such non-financial information. Specifically, this study analyses the effect of the independence and specialisation of the audit committee, the existence of a CSR committee, and the reputation of the financial auditor associated with its classification as Big4. The results indicate that those responsible for financial information do not show interest in contracting an assurance service, especially if it is realized by an accountant provider, except that the information is standardised according to the Global Reporting Initiative guidelines and the contracted service is comparable to the financial audit standards, has assurance for a reasonable/high level, and is carried out according to the ISAE3000 standard.

Keywords: Non-financial information; Assurance; Audit committee; CSR committee; Agency theory (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1007/s10997-021-09613-6 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jmgtgv:v:27:y:2023:i:1:d:10.1007_s10997-021-09613-6

Ordering information: This journal article can be ordered from
http://www.springer. ... 29/journal/10997/PS2

DOI: 10.1007/s10997-021-09613-6

Access Statistics for this article

Journal of Management & Governance is currently edited by Lino Cinquini

More articles in Journal of Management & Governance from Springer, Accademia Italiana di Economia Aziendale (AIDEA) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().