nep-acc New Economics Papers
on Accounting and Auditing
Issue of 2025–06–23
three papers chosen by
Alexander Harin


  1. From Site Visits to Swift Audits: The Influence of Institutional Investors By Baibing Huang; Shaohua Tian; Yang Zhang; Huanhuan Zheng
  2. Intangible Assets in Finnish Business By Pajarinen, Mika; Rouvinen, Petri
  3. Evolution of Greek Tax System By Panagiotis Asimakopoulos

  1. By: Baibing Huang (Macau University of Science and Technology); Shaohua Tian (Macao Polytechnic University); Yang Zhang (University of Macau); Huanhuan Zheng (National University of Singapore)
    Abstract: This paper investigates the influence of institutional investors' corporate site visits on the timeliness of financial reporting. Utilizing data from publicly traded firms listed in the Shenzhen Stock Exchange (SZSE) in China, the study reveals that companies that receive a greater number of site visits from institutional investors exhibit shorter delays in the issuance of audit reports. These findings remain robust even after conducting various robustness checks and employing alternative estimation methods to address potential endogeneity concerns. Additionally, supplementary analysis suggests that institutional investors' site visits may enhance financial statement timeliness by facilitating more efficient acquisition of information and promoting enhanced corporate governance practices. Moreover, the study finds that institutional investors' site visits contribute to the timely disclosure of audit reports without compromising their quality. These significant findings hold important implications for firms, investors, and policymakers.
    Keywords: Corporate site visits; financial statement timeliness; Audit report lag; Institutional investors; Chinese listed firms
    Date: 2025–06
    URL: https://d.repec.org/n?u=RePEc:boa:wpaper:202533
  2. By: Pajarinen, Mika; Rouvinen, Petri
    Abstract: Abstract This working paper investigates intangible investments in Finnish firms from 2014 to 2019, utilizing comprehensive, register-based data from Statistics Finland. We analyze seven categories of internal intangible investments and observe that these investments are highly concentrated, with the top 10% of investors accounting for approximately two-thirds of the total. However, this concentration is comparable to that of employment, value added, and tangible investments. Firms that invest in intangibles generally exhibit higher productivity levels. Specifically, organizational capital and new financial products demonstrate a positive and statistically significant correlation with labor productivity. These findings highlight the significance of intangible investments for firm performance and offer insights into their distribution patterns within the Finnish business sector.
    Keywords: Intangible investments, Finnish firms, Labor productivity, Concentration
    JEL: D22 L25 O32 O34
    Date: 2025–06–18
    URL: https://d.repec.org/n?u=RePEc:rif:wpaper:129
  3. By: Panagiotis Asimakopoulos
    Abstract: The aim of this paper is to document tax legislation and create a dataset, consisting of 120 laws that brought significant changes in the vast majority of categories of taxes in Greece from 1974 to 2018. We create an exhaustive Tax Law Database consisting of Laws that brought significant changes in the tax system and more importantly covered the vast majority of categories of taxes in Greece from 1974-2018. Our dataset, tax revenue figures, national accounts covered the period up to 2018 excluding Greece exit process from enhance fiscal surveillance, government change after election of 2019 and Covid-19 implications.
    Keywords: Taxation policy, structural reforms, fiscal policy.
    JEL: E62 E63
    Date: 2025–04–04
    URL: https://d.repec.org/n?u=RePEc:eei:rpaper:eeri_rp_2025_04

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