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Survey Templates Surveys A study of factors that contributes to corporate s

A study of factors that contributes to corporate s



Dear Sir/Madam,



This survey is conducted as part of a study on the factors that contribute to corporate scandal in general, which shall be submitted as part of a research report in partial fulfillment of the degree Bacherlor of Accounting (Hons) conferred by Universiti Tunku Abdul Rahman (UTAR) in the Faculty of Accountancy and Management.




This study attempts to discover the perceptions of the professional accountants and corporate managers towards the factors that contribute to corporate scandal in corporate Malaysia and how these factors affect corporate performance as evident in the stock market.




The enclosed questionnaire is constructed in a straightforward manner and easy to answer which should take 10 to 15 minutes of your time.




External Factors




Stakeholders' Expectation

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Management (directors) is pressured to meet the expectation of stakeholders in presenting a good financial performance. Do you agree with this statement?

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Management does not have to be afraid of stakeholders’ expectation if they already done their best.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
In order to meet the expectation of stakeholders, directors are willing to engage in accounting fraud
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Since directors owed a fiduciary duty towards the shareholders, they always act ethically.

Legalistic and Accounting System


Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
In your opinion, the legal and accounting standard in Malaysia is adequate in minimizing potential accounting fraud.
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
MIA By-laws, Security and Commission Act and Company Law are important guidelines to govern employees’ ethical behavior in workplace.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
"Good people don't need laws to know they must act responsibly, while bad people will always search for ways around them.” Therefore, the law will not prevent the next scandal. Do you agree with this statement?

Rotation of Audit Firm



Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
In your opinion, period of rotation of audit firm gives direct effect towards the independence of auditors.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
The longer auditor associates with the same client, the higher the risk client would collude with the audit firm.

Internal Factors



Corporate Governance

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Audit committee meets its role in supervising the organization financial reporting function.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
More non-executive directors on the board would decrease the likelihood of accounting fraud.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Audit committee should have more financial experts in order to be effective.

Compensation Structure

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
The use of stock options as a form of executive compensation rose dramatically during the 1990s. In terms of generating profit, this type of compensation package will exert greater positive impact than the negative impact like accounting fraud on the firm.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
For the stock based compensation, the higher the price, the more benefit the director gets. Therefore, it increases the risk of fraud.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Even though directors benefit is not directly link to the share price, the unethical directors will still involved in fraud when there is an opportunity to gain personal financial advantages.

Corporate Values and Behaviors

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
If the top director does not behave ethically and set a good model for his/her employees, then it will increase the fraud risk in the organizations.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Employees will tend to act unethically if the company rewards unethical behavior. For example, a manager secure a contract with bribe was rewarded.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Corporate culture will directly affect employees and management when making ethical decision.

Company policy towards whistleblower


Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
If the organization has an adequate protection for the whistleblower, it will encourage employees to reveal the wrongdoing in the organization.
Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Even when a company has a policy in protecting whistleblowers, whistleblowers will also have to face the future consequences if the top management overrides the policy.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
If a person found any suspicious activities occurs in his or her company, that person will report it to relevant party with the risk of losing his or her job.

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Without a proper and clear policy on protecting whistleblowers, employees will not step forward to tell the truth.

Corporate Scandal


Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
Corporate scandal can be coped if we actually know the what are the factors behind it

Strongly Agree
Agree
Neutral
Disagree
Strongly Disagree
The firms involved in accounting irregularities are more aggressive to achieve their financial objective than other firms.
Gender
Age Group
Experience Category
Working experiences (if any)











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