With the increase in digital automation of financial statements and computer-based audit evidence, I examine whether and how auditors help prevent data breaches. I use two plausibly exogenous shocks (regulation based and learning-experience based) and find that improvements in auditing reduce the likelihood of data breaches. I then conduct interviews and an anonymous survey to collect information on mechanisms that are not captured by the empirical analyses. Consistent with a complementary relationship between auditors and their clients in preventing data breaches, I find the effect is larger in firms with more integrated data systems, a greater percentage of board members on the audit committee, and stronger internal controls. Overall, these results support a disciplining effect of auditing processes (e.g., audit procedures and testing) on reducing a new kind of agency friction between firms and data providers.
|Advisor:||Christensen, Hans B|
|Commitee:||Berger, Philip G., Leuz, Christian, Maffett, Mark, Minnis, Mike|
|School:||The University of Chicago|
|School Location:||United States -- Illinois|
|Source:||DAI-A 82/1(E), Dissertation Abstracts International|
|Subjects:||Accounting, Information science|
|Keywords:||Audit process, Data breaches, Data technology, Digital automation, Internal Control|
Copyright in each Dissertation and Thesis is retained by the author. All Rights Reserved
The supplemental file or files you are about to download were provided to ProQuest by the author as part of a
dissertation or thesis. The supplemental files are provided "AS IS" without warranty. ProQuest is not responsible for the
content, format or impact on the supplemental file(s) on our system. in some cases, the file type may be unknown or
may be a .exe file. We recommend caution as you open such files.
Copyright of the original materials contained in the supplemental file is retained by the author and your access to the
supplemental files is subject to the ProQuest Terms and Conditions of use.
Depending on the size of the file(s) you are downloading, the system may take some time to download them. Please be