{"id":"https://openalex.org/W4285795256","doi":"https://doi.org/10.1108/mf-04-2022-0173","title":"Do independent directors and big-4 audit firms limit classification shifting: evidence from Indian firms","display_name":"Do independent directors and big-4 audit firms limit classification shifting: evidence from Indian firms","publication_year":2022,"publication_date":"2022-07-19","ids":{"openalex":"https://openalex.org/W4285795256","doi":"https://doi.org/10.1108/mf-04-2022-0173"},"language":"en","primary_location":{"id":"doi:10.1108/mf-04-2022-0173","doi":"https://doi.org/10.1108/mf-04-2022-0173","is_oa":false,"landing_page_url":"https://doi.org/10.1108/mf-04-2022-0173","pdf_url":null,"source":{"id":"https://openalex.org/S184351885","display_name":"Managerial Finance","issn_l":"0307-4358","issn":["0307-4358","1758-7743"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Managerial Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5087056903","display_name":"Kalyani Mulchandani","orcid":"https://orcid.org/0000-0001-6122-003X","observed_orcids":["https://orcid.org/0000-0001-6122-003X"]},"institutions":[{"id":"https://openalex.org/I226983648","display_name":"Narsee Monjee Institute of Management Studies","ror":"https://ror.org/04qksbm30","country_code":"IN","type":"education","lineage":["https://openalex.org/I226983648"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Kalyani Mulchandani","raw_affiliation_strings":["Anil Surendra Modi School of Commerce, NMIMS University (Deemed to be University), Mumbai, India","Mukesh Patel School of Technology Management and Engineering, NMIMS University (Deemed to be University), Mumbai, India"],"raw_orcid":"https://orcid.org/0000-0001-6122-003X","affiliations":[{"raw_affiliation_string":"Anil Surendra Modi School of Commerce, NMIMS University (Deemed to be University), Mumbai, India","institution_ids":["https://openalex.org/I226983648"]},{"raw_affiliation_string":"Mukesh Patel School of Technology Management and Engineering, NMIMS University (Deemed to be University), Mumbai, India","institution_ids":["https://openalex.org/I226983648"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5033191733","display_name":"Ketan Mulchandani","orcid":"https://orcid.org/0000-0002-1226-6610","observed_orcids":["https://orcid.org/0000-0002-1226-6610"]},"institutions":[{"id":"https://openalex.org/I226983648","display_name":"Narsee Monjee Institute of Management Studies","ror":"https://ror.org/04qksbm30","country_code":"IN","type":"education","lineage":["https://openalex.org/I226983648"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Ketan Mulchandani","raw_affiliation_strings":["Anil Surendra Modi School of Commerce, NMIMS University (Deemed to be University), Mumbai, India","Mukesh Patel School of Technology Management and Engineering, NMIMS University (Deemed to be University), Mumbai, India"],"raw_orcid":"https://orcid.org/0000-0002-1226-6610","affiliations":[{"raw_affiliation_string":"Anil Surendra Modi School of Commerce, NMIMS University (Deemed to be University), Mumbai, India","institution_ids":["https://openalex.org/I226983648"]},{"raw_affiliation_string":"Mukesh Patel School of Technology Management and Engineering, NMIMS University (Deemed to be University), Mumbai, India","institution_ids":["https://openalex.org/I226983648"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I226983648"],"apc_list":null,"apc_paid":null,"fwci":4.0471,"has_fulltext":false,"cited_by_count":14,"citation_normalized_percentile":{"value":0.93638677,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":91,"max":98},"biblio":{"volume":"48","issue":"12","first_page":"1754","last_page":"1770"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13957","display_name":"Corporate Governance and Financial Management","score":0.0007999999797903001,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/classification-shifting","display_name":"classification shifting","score":0.7519999742507935},{"id":"https://openalex.org/keywords/board-independence","display_name":"board independence","score":0.7680000066757202},{"id":"https://openalex.org/keywords/independent-directors","display_name":"independent directors","score":0.996999979019165},{"id":"https://openalex.org/keywords/big-4-audit-firms","display_name":"Big 4 audit firms","score":0.9940000176429749},{"id":"https://openalex.org/keywords/earnings-management","display_name":"earnings management","score":0.7269999980926514},{"id":"https://openalex.org/keywords/indian-firms","display_name":"Indian companies","score":0.5989999771118164},{"id":"https://openalex.org/keywords/bombay-stock-exchange","display_name":"Bombay Stock Exchange","score":0.7059999704360962}],"concepts":[{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.7918633222579956},{"id":"https://openalex.org/C137725906","wikidata":"https://www.wikidata.org/wiki/Q758913","display_name":"Audit committee","level":3,"score":0.6253161430358887},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.6173364520072937},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5967955589294434},{"id":"https://openalex.org/C199521495","wikidata":"https://www.wikidata.org/wiki/Q181487","display_name":"Audit","level":2,"score":0.5631522536277771},{"id":"https://openalex.org/C2776617455","wikidata":"https://www.wikidata.org/wiki/Q3267837","display_name":"Big Four","level":3,"score":0.5591461658477783},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.5156461000442505},{"id":"https://openalex.org/C35651441","wikidata":"https://www.wikidata.org/wiki/Q625303","display_name":"Independence (probability theory)","level":2,"score":0.5075341463088989},{"id":"https://openalex.org/C150130657","wikidata":"https://www.wikidata.org/wiki/Q4819986","display_name":"Auditor independence","level":5,"score":0.4868552088737488},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.32045257091522217},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.25099313259124756},{"id":"https://openalex.org/C191602146","wikidata":"https://www.wikidata.org/wiki/Q6269489","display_name":"Joint audit","level":4,"score":0.23453041911125183},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.17343789339065552},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.17164278030395508},{"id":"https://openalex.org/C170856484","wikidata":"https://www.wikidata.org/wiki/Q6452684","display_name":"Internal audit","level":3,"score":0.1587931215763092},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.06555896997451782},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1108/mf-04-2022-0173","doi":"https://doi.org/10.1108/mf-04-2022-0173","is_oa":false,"landing_page_url":"https://doi.org/10.1108/mf-04-2022-0173","pdf_url":null,"source":{"id":"https://openalex.org/S184351885","display_name":"Managerial Finance","issn_l":"0307-4358","issn":["0307-4358","1758-7743"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Managerial Finance","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eme:mf0000:mf-04-2022-0173","doi":null,"is_oa":false,"landing_page_url":"https://www.emerald.com/insight/content/doi/10.1108/MF-04-2022-0173.html?utm_source=repec&utm_medium=feed&utm_campaign=repec","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:eme:mfppss:mf-04-2022-0173","doi":null,"is_oa":false,"landing_page_url":"https://www.emerald.com/insight/content/doi/10.1108/MF-04-2022-0173/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":49,"referenced_works":["https://openalex.org/W122059025","https://openalex.org/W1832794870","https://openalex.org/W1906126566","https://openalex.org/W1979929560","https://openalex.org/W1986187321","https://openalex.org/W1990317644","https://openalex.org/W2028514109","https://openalex.org/W2037832385","https://openalex.org/W2040125617","https://openalex.org/W2045271182","https://openalex.org/W2060315039","https://openalex.org/W2061966628","https://openalex.org/W2072939691","https://openalex.org/W2075288496","https://openalex.org/W2086652341","https://openalex.org/W2096327455","https://openalex.org/W2103669789","https://openalex.org/W2103978550","https://openalex.org/W2106194552","https://openalex.org/W2115055354","https://openalex.org/W2115305938","https://openalex.org/W2120084007","https://openalex.org/W2133723203","https://openalex.org/W2155330037","https://openalex.org/W2160184254","https://openalex.org/W2171983833","https://openalex.org/W2225522884","https://openalex.org/W2268712472","https://openalex.org/W2269860695","https://openalex.org/W2292696245","https://openalex.org/W2423937989","https://openalex.org/W2509100102","https://openalex.org/W2527737187","https://openalex.org/W2620302568","https://openalex.org/W2801667796","https://openalex.org/W3094444631","https://openalex.org/W3121251060","https://openalex.org/W3122795369","https://openalex.org/W3122859634","https://openalex.org/W3123227524","https://openalex.org/W3123457058","https://openalex.org/W3124170598","https://openalex.org/W3124365414","https://openalex.org/W3125001683","https://openalex.org/W3126108583","https://openalex.org/W3153158984","https://openalex.org/W3158018451","https://openalex.org/W3206474759","https://openalex.org/W4233620411"],"related_works":["https://openalex.org/W7211969566","https://openalex.org/W3125001683","https://openalex.org/W2020541333","https://openalex.org/W4404417697","https://openalex.org/W6959591367","https://openalex.org/W7080337491","https://openalex.org/W3139538890","https://openalex.org/W2610572862","https://openalex.org/W4385461377","https://openalex.org/W2085096807"],"abstract_inverted_index":{"Purpose":[0],"This":[1,25,142],"study":[2,26,143],"investigates":[3],"the":[4,12,37,46,59,73,86,134,151],"moderating":[5,152],"role":[6,119,153],"of":[7,48,81,98,146,154],"Big-4":[8,112,129,155],"audit":[9,113,115,130,156],"firms":[10,83,93,110,114,131,157],"on":[11,51,77,85,101],"association":[13,135],"between":[14,136,158],"board":[15,102,137,159],"independence":[16,41,138,160],"and":[17,139,161],"classification":[18],"shifting":[19],"(CS)":[20],"in":[21,105,120],"Indian":[22,82],"firms.":[23],"Design/methodology/approach":[24],"has":[27],"employed":[28],"a":[29,52,95,117],"fixed-effect":[30],"panel":[31],"data":[32],"regression":[33],"model":[34,63],"to":[35,71,149],"analyze":[36],"sample":[38],"data.":[39],"Board":[40],"is":[42,56,69,144],"measured":[43,57],"by":[44],"taking":[45],"proportion":[47,97],"independent":[49,99],"directors":[50,100],"firm\u2019s":[53],"board.":[54],"CS":[55],"from":[58],"core":[60],"earnings":[61],"expectation":[62],"(McVay,":[64],"2006).":[65],"Principal":[66],"Score":[67],"Matching":[68],"applied":[70],"validate":[72],"results.":[74],"Findings":[75],"Based":[76],"6,016":[78],"firm-year":[79],"observations":[80],"listed":[84],"Bombay":[87],"Stock":[88],"Exchange,":[89],"results":[90,125],"show":[91],"that":[92,111,128],"with":[94],"higher":[96],"are":[103],"effective":[104],"limiting":[106],"expense":[107,122],"CS.":[108,123,140,162],"Further,":[109],"play":[116],"significant":[118],"curbing":[121],"Overall,":[124],"also":[126],"exhibit":[127],"significantly":[132],"influence":[133],"Originality/value":[141],"one":[145],"its":[147],"kind":[148],"examine":[150]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":6}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2022-07-19T00:00:00"}