Global Financial Crisis: A critical study on Role of Auditor’s and Stakeholder

Abstract

An in-depth analysis of the complex interactions between Audit Score, Institutional Investment, and Financial Health Score is done in this study, along with examining the implications for financial dynamics. The study includes 1000 observations and uses a structured methodology to examine the dataset's variables. The introduction establishes the context by emphasizing the importance of comprehending these relationships within the financial landscape. The main driving forces behind this study are explained, highlighting the significance of these factors in determining financial outcomes. The literature review examines the topic's historical background and theoretical foundations and surveys current scholarly discourse on it. It explores the functions of the Audit Score and Institutional Investment and how they interact with the Financial Health Score, highlighting the gaps this study seeks to fill. The research design and analytical methods used are explained in the methodology section. While SPSS 22 is utilized in to check correlation analysis looks for connections, descriptive statistics capture central tendencies and variability. Reliability statistics provide information on scale consistency, while regression analysis models the predictive potential of Audit Scores and Institutional Investment. The empirical findings derived from the analyses are presented in this section. While correlation analysis reveals meaningful relationships, descriptive statistics provide information about the characteristics of the variables. The summary of the regression model shows how well it can explain data and the coefficients show how predictors affect the Financial Health Score. Statistics on reliability shed light on the scale's internal consistency. The implications of the results are thoroughly discussed, along with an interpretation of the observed relationships between the variables. The implications of the negative relationship between institutional investment and financial health score and the practical significance of the positive audit score-financial health score correlation are examined. These trends' possible causes are looked at. The study's findings are summarised in the conclusion, highlighting its contributions to our understanding of financial dynamics. The study's importance within the larger financial context is encapsulated in the discussion of its implications for financial decision-makers and potential future research directions.