Affiliation of Author(s):国际商学院
Journal:Asia-Pacific Journal of Accounting & Economics
Funded by:国家自然科学基金项目
Abstract:This paper examines the impact of stock pledges by controlling shareholders on critical audit matters (CAMs) disclosure. We show that there is a positive association between stock pledges by controlling shareholders and the disclosure of CAMs. We also find that the positive effect is more pronounced when auditors are Big Four audit firms. Further analysis reveals that increases in accrual earnings management and controlling shareholders' entrenchment are possible channels through which stock pledges by controlling shareholders affect the disclosure of CAMs. Auditors disclose more CAMs associated with asset impairment and related-party transactions for firms with controlling shareholders pledging their stocks.
Indexed by:Journal paper
Volume:1
ISSN No.:1608-1625
Translation or Not:no
Date of Publication:2022-01-01
First Author:wenwen
Co-author:He Ying,Feng Xiaoqing,Ke Yun
