TY - JOUR
T1 - Multilevel Approach to Sustainability Report Assurance Decisions
AU - Fernandez-Feijoo, Belen
AU - Romero, Silvia
AU - Ruiz, Silvia
N1 - Publisher Copyright:
© 2015 CPA Australia Ltd (CPA Australia).
PY - 2015/12/1
Y1 - 2015/12/1
N2 - Using generalised linear mixed models as a statistical tool, this paper analyses the factors that explain the decision of a company to assure their sustainability report and of the choice of a Big 4 auditor as assuror. Specifically, we investigate the variables that affect the two dependent variables, existence of assurance and the profile of the assuror, at two different levels: the characteristics of the reporting company, and the country in which the company is located. Previous literature has explained this relationship as the result of linear regression models, considering only the fixed effects of the factors. Taking into account random effects, we are able to arrive at more precise conclusions on the effect of country (legal tradition and European membership) and company variables (size, public or non-public, industry and integrated reporting), on the existence of assurance and the profile of the assuror.
AB - Using generalised linear mixed models as a statistical tool, this paper analyses the factors that explain the decision of a company to assure their sustainability report and of the choice of a Big 4 auditor as assuror. Specifically, we investigate the variables that affect the two dependent variables, existence of assurance and the profile of the assuror, at two different levels: the characteristics of the reporting company, and the country in which the company is located. Previous literature has explained this relationship as the result of linear regression models, considering only the fixed effects of the factors. Taking into account random effects, we are able to arrive at more precise conclusions on the effect of country (legal tradition and European membership) and company variables (size, public or non-public, industry and integrated reporting), on the existence of assurance and the profile of the assuror.
UR - http://www.scopus.com/inward/record.url?scp=84951759363&partnerID=8YFLogxK
U2 - 10.1111/auar.12104
DO - 10.1111/auar.12104
M3 - Article
AN - SCOPUS:84951759363
SN - 1035-6908
VL - 25
SP - 346
EP - 358
JO - Australian Accounting Review
JF - Australian Accounting Review
IS - 4
ER -