The literature provides mounting evidence that top managers are associated with financial reporting outcomes. In this paper, I predict and find that traits of rank-and-file employees also explain these outcomes. Controlling for the CEOs’ criminal records, firms with more employees with...

Compliance with prevailing accounting standards is induced if the expected disadvantage due to sanctions imposed if non-compliance is detected outweighs the advantage of non-compliant accounting choices.(...)

Purpose: This paper explores theoretical framework of Islamic accounting and auditing research by elaborating theories derived from Al-Qur'an and Sunnah side by side with modern theories for each different epistemologies within social science i.e. positivism, relativism and constructionism....