Professorship for Business Administration, esp. Accounting, Auditing & Corporate Governance
Organisational unit: Section
Organisation profile
The professorship for Accounting, Auditing & Corporate Governance works in the areas of financial accounting, external audit and corporate governance. The research activities involve the study of selected issues in regulation, in particular such topics as the economic impact of audit committees, integrated and CSR reporting, aspects of auditor independence and board diversity. The professorship also teaches in the Master’s and Bachelor’s programmes, including modules in the Business Administration Major as well as interdisciplinary modules in the complementary studies programme and integration modules.
Topics
Audit Quality
Following EU legislation on reform of the audit market, provisions on mandatory firm rotation and limits to non-audit services raise issues of the impact of major regulatory measures on safeguarding the independence of the audit firm. Internationally, empirical research on auditor independence has seen considerable attention for a number of years, with mixed findings on its economic impact. This also holds for the impact of joint audits, even though European regulation did not make this a mandatory requirement. This research project studies the effect of audit and non-audit fees of German capital market oriented companies on audit quality.
Integrated-/CSR Reporting
After the most recent financial crisis 2008-9, there has been a decline in trust of stakeholders in capital-market oriented reporting by corporations. As a result, traditional financial reporting should be complemented by corporate sustainability reporting, which would ideally be unified into integrated reporting. While there has been considerable empirical research into CSR reporting, this is not yet the case for integrated reporting in the 2013-framework published by the International Integrated Reporting Council (IIRC). This research project examines the content elements investors demand and their relationship to the quality of integrated reporting in the German capital market.
Audit Committees
In both one and two-tier systems, the appointment of audit committees with independent financial experts is seen as a necessary measure to ensure good corporate governance. There has been considerable research undertaken into the Anglo-American board system and the impact of audit committees on financial reporting quality and on the cooperation with the external auditor and with the internal auditor. This research project studies to what extent characteristics of the audit committee as established by supervisory boards in German companies are able to contribute to the discussion on quality.
Board Diversity
Recently there have been a large number of reform efforts aiming at improving corporate performance by increasing board diversity. In addition to introducing the legal gender quota now at the focus of much political discussion, other diversity characteristics such as ethnicity or occupation are increasingly being studied in empirical research on corporate governance. This research project looks at the dual system of corporate governance in Germany and studies the effects of diversity in the management board and supervisory board on the capital market.
- 2009
The link between supervisory board reporting and firm performance in Germany and Austria
Patrick Velte (Speaker)
2009Activity: Talk or presentation › Guest lectures › Research
- 2010
Prüfung der Gewinnverwendungspolitik durch Aufsichtsrat und Abschlussprüfer. Eine normative und empirische Bestandsaufnahme
Patrick Velte (Lecturer)
2010Activity: Talk or presentation › Guest lectures › Transfer
The link between supervisory board reporting and firm performance in Germany and Austria
Patrick Velte (Speaker)
2010Activity: Talk or presentation › Guest lectures › Research
- 2011
The link between audit committees and corporate governance quality
Patrick Velte (Speaker)
2011Activity: Talk or presentation › Guest lectures › Research
The link between in- and external rotation of the auditor and the quality of financial accounting and audit
Patrick Velte (Speaker)
2011Activity: Talk or presentation › Guest lectures › Research
Conference „Managing the way out of the crisis: between regulation and forecasts“ 2011
Patrick Velte (Speaker)
10.06.2011Activity: Participating in or organising an academic or articstic event › Conferences › Research
- 2012
Conference presentation: Audit Market Concentration in Europe and its Influence on Audit Quality
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
Does European audit rotation regulation lead to increased audit quality?
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
Impact of Auditor and Audit Firm Rotation on Accounting and Audit Quality. A critical Analysis of the EC Regulation Draft
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
Integration of Internal Audit into Corporate Governance Systems. Empirical Evidence from the European Union
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
Internal Auditing for better Corporate Governance. An empirical study of the organization of internal auditing
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
The Economic versus Moral Perspective of Board Diversity: A Time for Regulation after the Financial Crisis
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
The link between (non) audit fees and accounting/audit quality
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
The position of Internal Auditing in different Corporate Governance Systems. An empirical analysis for the European Countries
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
The role of internal audit in modern corporate governance: A European perspective
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
International Conference “Improving financial institutions. The proper balance between regulation and governance” 2012
Patrick Velte (Speaker)
19.04.2012 → 20.04.2012Activity: Participating in or organising an academic or articstic event › Conferences › Research
International Conference “Corporate Governance and Regulation. Outlining New Horizons for Theory and Practice” 2012
Patrick Velte (Speaker)
19.09.2012Activity: Participating in or organising an academic or articstic event › Conferences › Research
- 2013
Conference presentation: The Relationship between the Internal Audit Function and the Audit Committee
Patrick Velte (Speaker)
2013Activity: Talk or presentation › Guest lectures › Research
Conference presentation: The Relationship between the Internal Audit Function and the Audit Committee. An empirical analysis for the One- and Two Tier-System
Patrick Velte (Speaker)
2013Activity: Talk or presentation › Guest lectures › Research
Conference presentation: Unblocking Women’s Paths to the Boardroom. A critical Note on the EC’s Plans to Regulate Board Diversity one-dimensionally
Patrick Velte (Speaker)
2013Activity: Talk or presentation › Guest lectures › Research
- 2014
Journal of Management Control (Journal)
Patrick Velte (Editor)
2014Activity: Publication peer-review and editorial work › Editor of journals › Research
Podiumsdiskussion: Europäische (Über-)Regulierung von Rechnungslegung, Abschlussprüfung und Corporate Governance?
Patrick Velte (Lecturer)
2014Activity: Talk or presentation › Guest lectures › Research
Prävention von Top Management Fraud durch Interaktion von Corporate Governance-Instanzen
Patrick Velte (Speaker) & Stéphan Lechner (Speaker)
2014 → …Activity: Talk or presentation › Guest lectures › Education
Schmalenbach-Gesellschaft für Betriebswirtschaft e. V. (External organisation)
Patrick Velte (Member)
2014 → 2018Activity: Membership › Learned societies and special interest organisations › Research
Webinar: Auswirkungen der neuen EU-Rechnungslegungsrichtlinie auf das deutsche Handelsrecht
Patrick Velte (Speaker)
2014Activity: Talk or presentation › Guest lectures › Transfer
- 2015
College (Organisational unit)
Patrick Velte (Member)
2015 → 2022Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
College (Organisational unit)
Patrick Velte (Member)
2015 → 2021Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
German Academic Association for Business Research e.V. (External organisation)
Patrick Velte (Member) & Verena Batt (Member)
2015 → …Activity: Membership › Learned societies and special interest organisations › Research
School of Management and Technology (Organisational unit)
Patrick Velte (Member)
2015 → 2023Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
Vortrag: Diskontierungsmodelle bei langfristigen Rückstellungen im deutschen und österreichischen Bilanz- und Steuerrecht
Patrick Velte (Speaker)
22.01.2015Activity: Talk or presentation › Guest lectures › Research
Forschungsgruppe anwendungsorientierte Steuerlehre (FAST) (External organisation)
Patrick Velte (Member)
03.2015 → …Activity: Membership › Learned societies and special interest organisations › Research
Vortrag: Perspektiven der Teilwertabschreibung bei voraussichtlich dauernder Wertminderung.: Kritische Betrachtungen vor dem Hintergrund des BMF-Schreibens vom 16.07.2014
Patrick Velte (Oral presentation)
26.03.2015Activity: Talk or presentation › Guest lectures › Research
School of Management and Technology (Organisational unit)
Patrick Velte (Chair)
04.2015 → 31.03.2021Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
School of Management and Technology (Organisational unit)
Patrick Velte (Member)
04.2015 → …Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
School of Management and Technology (Organisational unit)
Patrick Velte (Member)
04.2015 → 2020Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
International Conference Monetary, Banking and Financial Issues in Central and Eastern EU Member Countries. How can Central and Eastern EU Members Overcome The Current Economic Crisis? - 2015
Patrick Velte (Participant)
10.04.2015 → 12.04.2015Activity: Participating in or organising an academic or articstic event › Conferences › Research
Podiumsdiskussion “Auswirkungen der EU-Regulierung auf die Qualität der Abschlussprüfung in Deutschland” - 2015
Patrick Velte (Moderator)
24.04.2015Activity: Participating in or organising an academic or articstic event › Conferences › Transfer
Conference presentation: Does supervisory board composition influence sustainability reporting quality?
Patrick Velte (Speaker)
28.04.2015 → 30.04.2015Activity: Talk or presentation › Guest lectures › Research
International Conference Corporate and Institutional Innovations in Finance and Governance - 2015
Patrick Velte (Participant)
21.05.2015Activity: Participating in or organising an academic or articstic event › Conferences › Research
Workshop „Umbruch der Unternehmenspublizität durch das Integrated Reporting“ - 2015
Patrick Velte (Moderator)
11.06.2015Activity: Participating in or organising an academic or articstic event › Conferences › Transfer
Conference presentation: Does supervisory board composition influence sustainability reporting quality?
Patrick Velte (Oral presentation)
19.06.2015Activity: Talk or presentation › Guest lectures › Research
Jahrestagung "Praxisforum Rechnungswesen" - EUROFORUM 2015
Patrick Velte (Moderator)
22.06.2015 → 23.06.2015Activity: Participating in or organising an academic or articstic event › Conferences › Transfer
Conference presentation: Does supervisory board composition influence sustainability reporting quality?
Patrick Velte (Oral presentation)
03.07.2015Activity: Talk or presentation › Guest lectures › Research
Conference presentation: Impact of Corporate Social Responsibility Assurance (CSRA) on the markt, organizational and individual/group decision making level. A literature review
Patrick Velte (Lecturer)
03.07.2015Activity: Talk or presentation › Guest lectures › Research
International Conference on Corporate Governance, Accounting & Audit: Crisis Challenges - 2015
Patrick Velte (Organiser)
26.11.2015Activity: Participating in or organising an academic or articstic event › Conferences › Research
- 2016
School of Management and Technology (Organisational unit)
Patrick Velte (Member)
2016 → 2018Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
School of Management and Technology (Organisational unit)
Patrick Velte (Member)
04.2016 → 30.09.2020Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
School of Management and Technology (Organisational unit)
Patrick Velte (Member)
04.2016 → 03.2022Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
School of Management and Technology (Organisational unit)
Patrick Velte (Member)
04.2016 → …Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
Conference presentation: Integrated Reporting: Current state of empirical research, limitations and future research implications
Patrick Velte (Oral presentation)
22.09.2016 → 23.09.2016Activity: Talk or presentation › Guest lectures › Research