作者：Wang, Qian; Wong, T. J.; Xia, Lijun
作者单位：Chinese University of Hong Kong; Chinese University of Hong Kong; Shanghai University of Finance & Economics; Shanghai University of Finance & Economics
摘要：This paper finds that compared with non-state-owned firms, Chinese state-owned enterprises controlled by province, city, and county governments (local SOEs) are more likely to hire small auditors within the same region (small local auditors). in regions with less developed institutions, SOEs controlled by central government (central SOEs) also have such a tendency. However, the tendency of local and central SOEs to hire small local auditors is attenuated as the institutions develop. This audit...
作者：Chung, Hyeesoo H.; Wynn, Jinyoung R.
作者单位：University of Louisiana System; Louisiana Technical University; Arizona State University; Arizona State University-Downtown Phoenix
摘要：This paper examines the effect of managerial legal liability coverage on earnings conservatism. Using directors' and officers' (D&O) liability insurance coverage and cash for indemnification as a proxy for managerial legal liability coverage, we find that the higher the managerial liability coverage, which reduces the expected legal liability of managers, the less conservative the firm's earnings. We also find that managerial legal liability coverage has a stronger influence on earnings conser...
