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.
- Conference Presentations
Sustainable Corporate Governance – What it is and why it matters
Patrick Velte (Speaker)
24.02.2022Activity: Talk or presentation › Conference Presentations › Research
The implementation of sustainability targets in executive compensation – How consistent are companies towards different stakeholders and themselves?
Patrick Velte (Speaker)
24.05.2023Activity: Talk or presentation › Conference Presentations › Research
Unternehmensstrategische Ebene der ESG-Berichterstattung: Implikationen für Geschäftsmodelle, Interne Kontrollsysteme und Risikomanagementsysteme
Patrick Velte (Speaker)
18.04.2024Activity: Talk or presentation › Conference Presentations › Transfer
Vorträge und Diskussionen bzgl. der Standards zu Governance-Themen
Patrick Velte (Speaker)
10.06.2022Activity: Talk or presentation › Conference Presentations › Transfer
Zusammenarbeit von Aufsichtsrat, Interner Revision und Abschlussprüfer bei der Nachhaltigkeitsüberwachung
Patrick Velte (Speaker) & Christoph Wehrhahn (Speaker)
22.11.2023Activity: Talk or presentation › Conference Presentations › Transfer
- Leuphana academic councils and committees
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
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
School of Management and Technology (Organisational unit)
Patrick Velte (Member)
2015 → 2023Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
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
School of Management and Technology (Organisational unit)
Patrick Velte (Chair)
2020 → 2021Activity: Membership › Leuphana academic councils and committees › Leuphana Academic Committees
- Learned societies and special interest organisations
Forschungsgruppe anwendungsorientierte Steuerlehre (FAST) (External organisation)
Patrick Velte (Member)
03.2015 → …Activity: Membership › Learned societies and special interest organisations › Research
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
Schmalenbach-Gesellschaft für Betriebswirtschaft e. V. (External organisation)
Patrick Velte (Member)
2014 → 2018Activity: Membership › Learned societies and special interest organisations › Research
- Academic councils, panels and committees
Senat (Organisational unit)
Patrick Velte (Member)
2018 → …Activity: Membership › Academic councils, panels and committees › Research
- Guest lectures
Conference presentation: Audit Market Concentration in Europe and its Influence on Audit Quality
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
Conference presentation: Does supervisory board composition influence sustainability reporting quality?
Patrick Velte (Oral presentation)
19.06.2015Activity: Talk or presentation › Guest lectures › Research
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: Does supervisory board composition influence sustainability reporting quality?
Patrick Velte (Speaker)
28.04.2015 → 30.04.2015Activity: 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
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
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
Does European audit rotation regulation lead to increased audit quality?
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
Guest lecture: Carbon performance and disclosure: Governance-related determinants and their financial consequences
Patrick Velte (Speaker)
2020Activity: Talk or presentation › Guest lectures › Research
Guest lecture: Carbon performance and disclosure: Governance-related determinants and their financial consequences
Patrick Velte (Speaker)
2020Activity: Talk or presentation › Guest lectures › Research
Guest lecture Carbon performance and disclosure: Governance-related determinants and their firms’ financial consequences
Patrick Velte (Speaker)
29.01.2020Activity: Talk or presentation › Guest lectures › Research
Guest lecture: Carbon performance and disclosure: Governance-related determinants and their firms’ financial consequences
Patrick Velte (Speaker)
02.07.2020Activity: 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
Institutional ownership heterogeneity and corporate sustainability. A systematic review of archival studies
Patrick Velte (Speaker)
27.06.2022Activity: 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
Konferenz: CSR-Richtlinie-Umsetzungsgesetz und dessen Einordnung in die internationale Entwicklung der Berichterstattung
Patrick Velte (Lecturer)
04.10.2016Activity: Talk or presentation › Guest lectures › Transfer
Podiumsdiskussion: Europäische (Über-)Regulierung von Rechnungslegung, Abschlussprüfung und Corporate Governance?
Patrick Velte (Lecturer)
2014Activity: Talk or presentation › Guest lectures › Research
Podiumsdiskussion zum Thema “Sustainable Finance”
Patrick Velte (Speaker)
11.02.2020Activity: Talk or presentation › Guest lectures › Transfer
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
Prüfung der Gewinnverwendungspolitik durch Aufsichtsrat und Abschlussprüfer. Eine normative und empirische Bestandsaufnahme
Patrick Velte (Lecturer)
2010Activity: Talk or presentation › Guest lectures › Transfer
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 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
The link between (non) audit fees and accounting/audit quality
Patrick Velte (Speaker)
2012Activity: Talk or presentation › Guest lectures › Research
The link between supervisory board reporting and firm performance in Germany and Austria
Patrick Velte (Speaker)
2010Activity: Talk or presentation › Guest lectures › Research
The link between supervisory board reporting and firm performance in Germany and Austria
Patrick Velte (Speaker)
2009Activity: 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