The FRIP as a mechanism of accountability in the South African financial reporting environment
Date
2016
Authors
Louw, Albertus
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Abstract
This thesis examines the functioning of the Financial Investigations Panel (FRIP)
as a mechanism of accountability in the South African financial reporting
environment. Detailed interviews with a sample of technical experts are used to
reveal the significant source of coercive, normative and mimetic isomorphic
pressure the FRIP is able to exert, acting on the organisations themselves, as well
as on the individual preparers and their auditors.
This thesis provides the first account of how the FRIP is capable of exerting
institutional isomorphic pressure on organisations, those charged with
governance, individual preparers and external auditors. In doing so the research
contributes to the limited body of interpretive corporate governance research in
South Africa, offers evidence in support of the JSE’s decision to establish a proactive
monitoring review and, finally, offers support to the fact that South African
corporate reporting requirements can be enforced and are not just symbolic.
Description
A research report submitted in partial
fulfilment of the Degree: Master of Commerce
School of Accountancy
2015
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Citation
Louw, Albertus (2016) The FRIP as a mechanism of accountability in the South African financial reporting environment, University of the Witwatersrand, Johannesburg, <http://wiredspace.wits.ac.za/handle/10539/22214>