Determinants of human resource investment in internal controls

Jong-Hag Choi; Joonil Lee; Catherine Heyjung Sonu

doi:10.1016/j.cjar.2013.06.003

Determinants of human resource investment in internal controls

Jong-Hag Choi^*, Joonil Lee, Catherine Heyjung Sonu

^*Corresponding author for this work

Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review

16 Citations (Scopus)

41 Downloads (CityUHK Scholars)

Abstract

Using the unique reporting environment in Korea, this study investigates the determinants of human resource investment in internal controls for 1352 listed firms disclosing the number of personnel who are in charge of internal control-related tasks (IC personnel) from 2005 to 2008. We find that the number of IC personnel within a firm and several key departments increase with firm size, number of employees, complexity and for Chaebols, and decrease in rapidly growing firms. Additional analysis reveals that the factors influencing internal control systems have an accentuated effect on firms with relatively larger firm size.

Original language	English
Pages (from-to)	167-185
Journal	China Journal of Accounting Research
Volume	6
Issue number	3
Online published	29 Jul 2013
DOIs	https://doi.org/10.1016/j.cjar.2013.06.003
Publication status	Published - Sept 2013
Externally published	Yes

Research Keywords

Internal control personnel
Internal control systems
Internal control weaknesses

Publisher's Copyright Statement

This full text is made available under CC-BY-NC-ND 3.0. https://creativecommons.org/licenses/by-nc-nd/3.0/

Access Output

10.1016/j.cjar.2013.06.003

27340655.pdfFinal Published version, 453 KBLicence: CC BY-NC-ND

Other Access Options

Check CityUHK Library

Permanent Link

Right click to copy link

Cite this

@article{c67369433e454a39acde905e246b13a3,

title = "Determinants of human resource investment in internal controls",

abstract = "Using the unique reporting environment in Korea, this study investigates the determinants of human resource investment in internal controls for 1352 listed firms disclosing the number of personnel who are in charge of internal control-related tasks (IC personnel) from 2005 to 2008. We find that the number of IC personnel within a firm and several key departments increase with firm size, number of employees, complexity and for Chaebols, and decrease in rapidly growing firms. Additional analysis reveals that the factors influencing internal control systems have an accentuated effect on firms with relatively larger firm size.",

keywords = "Internal control personnel, Internal control systems, Internal control weaknesses",

author = "Jong-Hag Choi and Joonil Lee and Sonu, {Catherine Heyjung}",

year = "2013",

month = sep,

doi = "10.1016/j.cjar.2013.06.003",

language = "English",

volume = "6",

pages = "167--185",

journal = "China Journal of Accounting Research",

issn = "1755-3091",

publisher = "Elsevier B.V.",

number = "3",

}

TY - JOUR

T1 - Determinants of human resource investment in internal controls

AU - Choi, Jong-Hag

AU - Lee, Joonil

AU - Sonu, Catherine Heyjung

PY - 2013/9

Y1 - 2013/9

N2 - Using the unique reporting environment in Korea, this study investigates the determinants of human resource investment in internal controls for 1352 listed firms disclosing the number of personnel who are in charge of internal control-related tasks (IC personnel) from 2005 to 2008. We find that the number of IC personnel within a firm and several key departments increase with firm size, number of employees, complexity and for Chaebols, and decrease in rapidly growing firms. Additional analysis reveals that the factors influencing internal control systems have an accentuated effect on firms with relatively larger firm size.

AB - Using the unique reporting environment in Korea, this study investigates the determinants of human resource investment in internal controls for 1352 listed firms disclosing the number of personnel who are in charge of internal control-related tasks (IC personnel) from 2005 to 2008. We find that the number of IC personnel within a firm and several key departments increase with firm size, number of employees, complexity and for Chaebols, and decrease in rapidly growing firms. Additional analysis reveals that the factors influencing internal control systems have an accentuated effect on firms with relatively larger firm size.

KW - Internal control personnel

KW - Internal control systems

KW - Internal control weaknesses

UR - http://www.scopus.com/inward/record.url?scp=84883509921&partnerID=8YFLogxK

UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-84883509921&origin=recordpage

U2 - 10.1016/j.cjar.2013.06.003

DO - 10.1016/j.cjar.2013.06.003

M3 - RGC 21 - Publication in refereed journal

SN - 1755-3091

VL - 6

SP - 167

EP - 185

JO - China Journal of Accounting Research

JF - China Journal of Accounting Research

IS - 3

ER -

Determinants of human resource investment in internal controls

Abstract

Research Keywords

Publisher's Copyright Statement

Access Output

Other Access Options

Permanent Link

Other Files and Links

Fingerprint

Cite this