Voluntary disclosure of internal control and auditor's attestation: evidence from China

doi:10.1186/s11782-017-0007-5

CORC > 上海财经大学 > 上海财经大学

	Voluntary disclosure of internal control and auditor's attestation: evidence from China
	Lou, Fang 1; Sun, Qian 2; Yuan, Hongqi 2
刊名	FRONTIERS OF BUSINESS RESEARCH IN CHINA
	2017-06
卷号	11 期号:2
关键词	Internal control Voluntary disclosure Auditor's attestation Self-assessment
ISSN号	1673-7326
DOI	10.1186/s11782-017-0007-5
英文摘要	We examine what determines a firm's decision to disclose a self-assessment report on its internal control (IC) system and to further attain an auditor's attestation on the report, using a sample of firms from the Shanghai Stock Exchange during the period 2006-2010. We hypothesize and find supporting evidence that the likelihood of having voluntary disclosure of IC self-assessment with an auditor's attestation is positively related to future equity refinancing, mutual-fund shareholding, and whether the firm is controlled by the government, especially the central government. Our study also takes the identification problem into consideration, as our sample includes firms with IC weaknesses/deficiencies. Our study not only makes an incremental contribution to the literature, but also has practical implications, especially for regulators and investors in China.
WOS研究方向	Business & Economics
语种	英语
出版者	HIGHER EDUCATION PRESS
WOS记录号	WOS:000417406300002
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/958]
专题	上海财经大学
通讯作者	Sun, Qian
作者单位	1.Shanghai Univ Finance & Econ, Sch Econ, Shanghai 200433, Peoples R China; 2.Fudan Univ, Sch Management, Shanghai 200433, Peoples R China
推荐引用方式 GB/T 7714	Lou, Fang,Sun, Qian,Yuan, Hongqi. Voluntary disclosure of internal control and auditor's attestation: evidence from China[J]. FRONTIERS OF BUSINESS RESEARCH IN CHINA,2017,11(2).
APA	Lou, Fang,Sun, Qian,&Yuan, Hongqi.(2017).Voluntary disclosure of internal control and auditor's attestation: evidence from China.FRONTIERS OF BUSINESS RESEARCH IN CHINA,11(2).
MLA	Lou, Fang,et al."Voluntary disclosure of internal control and auditor's attestation: evidence from China".FRONTIERS OF BUSINESS RESEARCH IN CHINA 11.2(2017).