Impact of post-restatement actions taken by a firm on non-professional investors' Credibility perceptions

Business & Economics

• Nonprofessional Investors 100%
• Restatements 86%
• Financial Reporting Credibility 74%
• Credibility 58%
• Earnings Restatements 42%
• Financial Futures 18%
• Internal Audit Function 18%
• External Audit 17%
• Buyback 16%
• Investors 15%
• Corporate Governance Mechanisms 15%
• Equity 15%
• Audit Firms 14%
• Trustworthiness 13%
• Incentives 13%
• Fraud 13%
• Board of Directors 12%
• Reviewing 11%

Social Sciences

• investor 65%
• credibility 61%
• firm 52%
• financial management 41%
• corporate governance mechanism 20%
• stock company 20%
• External audits 18%
• Internal audits 17%
• financial report 17%
• board of directors 14%
• trustworthiness 12%
• fraud 11%
• equity 8%
• incentive 8%
• moral philosophy 8%
• organization 6%
• examination 6%
• event 6%
• management 5%
• literature 4%
• aggressive accounting 1%

Arts & Humanities

• Investors 77%
• Credibility 58%
• Financial Management 54%
• Audit 29%
• Corporate Governance 17%
• Equity 12%
• Trustworthiness 11%
• Fraud 10%
• Reviewing 9%
• Incentives 6%