政大機構典藏

Menu Search

Home
Login
Upload
Help
About
Administer
Goto computer version

Items with full text/Total items : 118252/149288 (79%)
Visitors : 75147486
Online Users : 1159

政大典藏 > College of Commerce > Department of Accounting > Periodical Articles > Item 140.119/129314

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/129314

Title:	Why Does Decomposed Audit Proposal Readability Differ by Audit Firm Size? A Coh-Metrix Approach
Authors:	張祐慈 Chang, Yu-Tzu Stone, Dan
Contributors:	會計系
Keywords:	Readability;Text analytics;Audit proposal;Coh-Metrix
Date:	2019-05
Issue Date:	2020-04-20 14:45:47 (UTC+8)
Abstract:	Purpose – This paper aims to introduce the emerging artificial-intelligence-based readability metrics (CohMetrix) to examine the effects of firm size on audit proposal readability. Design/methodology/approach – Coh-Metrix readability measures use emerging computation linguistics technology to better assess document readability. These metrics measure co-relations of words, sentences and paragraphs on multi-dimensions rather than adopting the unidimensional “bag of words” approach that examines words in isolation. Using eight Coh-Metrix orthogonal principal component factors, the authors analyze the Chang and Stone (2019) data set comprised of 370 hand-collected audit proposals submitted by audit firms for the US state and local governments’ audit service contracts. Findings – Audit firm size has a significant impact on the readability of audit proposals. Specifically, as measured by the traditional readability metric, the proposals from smaller firms are more readable than those submitted by larger firms. Furthermore, decomposed readability metrics indicate that smaller firm proposals evidence stronger (deep) text cohesion, whereas larger firm proposals evidence a stronger narrative structure and higher connectivity (relational indicators) among proposal elements. Unlike the traditional readability metric, however, the emergent readability metrics are uncorrelated with auditor selection. Research limitations/implications – Work remains to develop and validate Coh-Metrix measures that are specific to the context of accounting and auditing practice. Future research can use emerging readability measures to examine various textual features (e.g. text cohesion) in finance or accounting related documents. Practical implications – The results provide practitioners with insight into the proposal writing strategies and practices of larger and smaller firms. In addition, the results highlight the differing audit firm selection outcomes from traditional and Coh-Metrix readability metrics. Originality/value – This study introduces new data and holistic readability measures to the auditing literature.
Relation:	Managerial Auditing Journal, vol. 34, issue 8, 895-923
Data Type:	article
Appears in Collections:	[Department of Accounting] Periodical Articles

Files in This Item:

File	Description	Size	Format
31.pdf		254Kb	Adobe PDF2	293	View/Open

社群 sharing