An Emerging Market's Reaction to Initial Modified Audit Opinions: Evidence from the Shanghai Stock Exchange*

By Charles J. P. Chen, X. Su, Ronald Zhao. 2000

183 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/096296608765575a536fa3c88567ef7b9688c3ce

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Finance

Citations in the corpus

Profitability Regulation, Earnings Management, and Modified Audit Opinions: Evidence from China (2001, unknown): “While Dopuch et al. (1987)”
Audit Market Concentration, Audit Fees, and Audit Quality: Evidence from China (2016, background): “An unqualified opinion with explanatory notes is considered as one type of modified audit opinions, because it is often used as a qualified opinion (Chen, Su, and Zhao 2000; Haw, Park, Qi, and Wu 2003), and it is treated in the same way as other non-clean opinions in disclosure requirements of…”
Do Social Ties between External Auditors and Audit Committee Members Affect Audit Quality (2016, background): “…important in the Chinese context since MAOs can be quite costly to client management: the stock market reacts negatively to firms’ receipt of MAOs (Chen et al. 2000), firm managers must explain the underlying reasons for an MAO in the annual report (CSRC 2001a), and the stock exchanges also…”
Do school ties between auditors and client executives influence audit outcomes (2016, unknown): “opinions or even unqualified opinions with explanatory notes to indicate financial distress or goingconcern issues (Chan et al., 2006; Chen et al., 2000).”
A Political–economic Analysis of Auditor Reporting and Auditor Switches (2006, unknown): “The China Securities Regulatory Commission also treats this type of opinion the same as a qualified opinion in terms of disclosure requirements (CSRC, 2001b).”
Aggregate Quasi Rents and Auditor Independence: Evidence from Audit Firm Mergers in China (2011, unknown): “13 Chen, Su, and Zhao (2000) report that the related monetary amounts in some cases of unqualified opinions with explanatory notes can be larger than the adjustment amounts in qualified audit reports.”
How Do Various Forms of Auditor Rotation Affect Audit Quality? Evidence from China (2012, background): “audit quality (Francis, 2004) and generally receives a great deal of attention from regulators, investors, and the public (Chen et al., 2000; Chow and Rice, 1982; Dopuch et al., 1986).”