The Relationship Between CFO Qualifications and Internal Control Weakness

• Autorzy: Yaying C. Yeh , Chiulien C. Venezia , Tzu-Ya Yang
• Języki publikacji: EN

Abstrakty

EN

This study explores the relationship between CFO qualifications and a firm's internal control weakness (ICWs). We use three measures for CFO competence: financial/accounting background, seniority, and education. Using a sample of Taiwanese listed firms from 2012 to 2015, the results of this study show a negative relationship between CFO financial/accounting background and seniority with internal control weakness, indicating firms with higher quality CFOs experience a lower number of ICWs. CFO education level, however, is not related with a firm's internal control weakness. The results imply that capable CFOs can effectively implement a good internal system. The result of this study provides practical and policy implications. (original abstract)

Słowa kluczowe

EN

Chief Financial Officer (CFO); Professional skills; Managerial competencies; Internal control

PL

Dyrektor finansowy; Kwalifikacje zawodowe; Kompetencje kierownicze; Kontrola wewnętrzna

• Czasopismo: e-Finanse
• Rocznik: 2022
• Tom: 18
• Numer: nr 2
• Strony: 21--29

Twórcy

autor

Yaying C. Yeh

• Framingham State University, USA

autor

Chiulien C. Venezia

• Frostburg State University, USA

autor

Tzu-Ya Yang

• Deloitte and Touche, USA

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Identyfikatory

DOI

10.2478/fiqf-2022-0010