... their shares to support their firms’ financing (business-pledging firms) or to increase their personal wealth (individual-pledging firms). Based on data from listed nonstate-owned Chinese firms, we find that auditors are less likely to issue modified audit opinions and more likely to charge lower audit fees...

... identified in prior studies of other industries. going concern banks financial firms audit opinions bank auditors Banks are integral to the operation and function of our economy ( Fields, Fraser, and Wilkins 2004 ), and so their financial health and how it is perceived and reported...

...Ku He; Xiaofei Pan; Gary Gang Tian SUMMARY In this study, we examine changes in audit opinions and auditor choice decisions in politically connected firms before and after the exogenous termination of their political connections. We use 84 anti-corruption cases involving high-level Chinese...