The impact of ultimate ownerships on audit fees: Evidence from Chinese listed companies

• Main Authors: HU, Nan, WANG, Fanjun, WANG, Peng, YAO, Lee J., ZHANG, Junrui
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: ultimate owner; ownership structure; pyramid hierarchy; audit fees; Accounting; Asian Studies; Corporate Finance; Databases and Information Systems; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/sis_research/8047
• Institution: Singapore Management University

This paper investigates the relationships between ultimate ownerships and audit fees (ADFEE). Using the data of 1428 Chinese listed companies in 2008, our empirical results show ADFEE are lowest for companies controlled by central government, followed by companies controlled by local government. In...