TY  - CHAP
AB  - The purpose of this study is to identify a psychological profile for public accounting firm partners who are likely to place the partnership and client shareholder at risk. Proprietary data from an executive counseling firm provided a unique opportunity to compare two groups of partners: those identified by their senior partners as placing the firm at risk (n=31) and those not so identified (n=64). The groups were compared using psychological measures, lifestyle measures, personal measures, and work history variables. Results found no significant measurable difference between the audit partners who were identified as posing a risk and those not so identified. This suggests that specific factors cannot lead a partner to engage in risky behaviors, but rather several, in combination, may be necessary. Implications for research include learning more about concepts such as resistance to temptation, motivation, and rationalization. Implications for practice are to focus on structuring business practices to provide early warning signs and minimize opportunities to engage in risky behavior. Continued and increased diligence in the client screening and client continuation and review process remain essential for best practices.
VL  - 14
SN  - 978-1-78052-086-5, 978-1-78052-087-2/1475-1488
DO  - 10.1108/S1475-1488(2011)0000014006
UR  - https://doi.org/10.1108/S1475-1488(2011)0000014006
AU  - Norris Anne
AU  - Saber Deborah
AU  - Morrison David
AU  - Morrison Daven
AU  - Trompeter Greg
ED  - Vicky Arnold
ED  - Donna Bobek
ED  - B. Douglas Clinton
ED  - Anne Lillis
ED  - Robin Roberts
ED  - Chris Wolfe
ED  - Sally Wright
PY  - 2011
Y1  - 2011/01/01
TI  - Quantifying Intuitions about Risk: Comparing Public Accounting Firm Partners Perceived as “Risky” and “Non-Risky”
T2  - Advances in Accounting Behavioral Research
T3  - Advances in Accounting Behavioural Research
PB  - Emerald Group Publishing Limited
SP  - 67
EP  - 89
Y2  - 2024/04/20
ER  -