90 9696 2494 p 013 9343 12121 2778 p 012 13708 7272

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Unformatted text preview: ) argue that even honest auditors can fall prey to self-serving biases that prevent them from conducting impartial audits. My research investigates self-serving bias in an 282 The Accounting Review, April 2002 TABLE 5 Average Audit Index, Average Fraud Index, and Average Payoff Difference for Regular Play and Resolution Phasesa Panel A: Average Audit Index No Puffery / Weak Group No Puffery / Strong Group Yes Puffery / Weak Group Yes Puffery / Strong Group 82.14 104.55 22.41 p 0.07b 118.69 127.27 8.58 p 0.34 52.37 90.91 38.54 p 0.09 90.01 121.21 31.20 p 0.10 No Puffery / Weak Group No Puffery / Strong Group Yes Puffery / Weak Group Yes Puffery / Strong Group 121.90 96.96 24.94 p 0.13 93.43 121.21 27.78 p 0.12 137.08 72.72 64.36 p 0.02 126.58 93.93 32.65 p 0.11 No Puffery / Weak Group No Puffery / Strong Group Yes Puffery / Weak Group Yes Puffery / Strong Group 32.31 21.95 45.08 32.56 24.89 7.42 p 0.05 22.84 0.89 p 0.45 25.47 19.61 p 0.02 20.89 11.67 p 0.06 Average Audit Index for: Regular Play Rounds Resolution Play Rounds Difference Panel B: Average Fr...
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This note was uploaded on 01/27/2014 for the course ACCY 405 taught by Professor Staff during the Fall '08 term at University of Illinois, Urbana Champaign.

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