David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
We examined whether auditors' attitude to the evidence may be driven by their perception of the self-fulfilling prophecy effect. Following previous research on motivated reasoning, we assumed that the self-fulfilling prophecy effect could be interpreted as a potential motivational/incentive factor supporting auditor's reluctance to release going concern opinions. We contribute to the literature by demonstrating in a laboratory experiment that auditors' perceptions of the self-fulfilling prophecy effect can bias their professional judgment. To this extend, the Hogarth and Einhorn's belief-adjustment model was employed in order to estimate auditors' attitudes in regards to both aggravating and mitigating evidence. Our results indicate that the fear of provoking the self-fulfilling prophecy creates a directional goal which leads auditors to process the audit evidence in a manner more likely to yield the desired conclusion. Auditors' motivated by the fear of causing the self-fulfilling prophecy effect offered a greater sensitivity to the positive evidence and, at the same time, a lower tendency to favor negative evidence. We also provide a discussion of the implications of our results for both regulators and the auditing profession.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library||
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
D. A. Shewmon, G. L. Holmes & P. A. Byrne (1999). Consciousness in Congenitally Decorticate Children: Developmental Vegetative State as Self-Fulfilling Prophecy. Dev Med Child Neurol 41:364-374.
Alexander Pruss (2007). Prophecy Without Middle Knowledge. Faith and Philosophy 24 (4):433-457.
Cecil Miller (1961). The Self-Fulfilling Prophecy: A Reappraisal. Ethics 72 (1):46-51.
Dominic Wilkinson (2009). The Self-Fulfilling Prophecy in Intensive Care. Theoretical Medicine and Bioethics 30 (6):401-410.
Waymond Rodgers, Andrés Guiral & José A. Gonzalo (2009). Different Pathways That Suggest Whether Auditors' Going Concern Opinions Are Ethically Based. Journal of Business Ethics 86 (3):347 - 361.
Juha Räikkä (2004). The Self-Fulfilling Prophecies and Global Inequality. Philosophy and Geography 7 (2):193-200.
Juha Räikkä (2004). The Self-Fulfilling Prophecies and Global Inequality. Philosophy and Geography 7 (2):193 – 200.
R. Juha (2004). The Self-Fulfilling Prophecies and Global Inequality. Philosophy and Geography 7 (2):193 – 200.
Mark Van Vugt (2001). Self-Interest as Self-Fulfilling Prophecy. Behavioral and Brain Sciences 24 (3):429-430.
David B. Citron & Richard J. Taffler (2001). Ethical Behaviour in the U.K. Audit Profession: The Case of the Self-Fulfilling Prophecy Under Going-Concern Uncertainties. [REVIEW] Journal of Business Ethics 29 (4):353 - 363.
Added to index2009-01-28
Total downloads26 ( #112,375 of 1,707,715 )
Recent downloads (6 months)1 ( #352,634 of 1,707,715 )
How can I increase my downloads?