Catalog Home Page

Secrecy culture and audit opinion: Some international evidence

Chen, T.T.Y., Zhang, F.F. and Zhou, G.S. (2017) Secrecy culture and audit opinion: Some international evidence. Journal of International Financial Management & Accounting, 28 (3). pp. 274-307.

[img]
Preview
PDF - Authors' Version
Download (1MB) | Preview
Link to Published Version: http://dx.doi.org/10.1111/jifm.12057
*Subscription may be required

Abstract

We examine whether and how auditors respond to audit risks arising from secrecy culture when making audit opinion decisions. Using a sample of international Big N auditors from 33 countries, we find strong and robust evidence that auditors are more likely to issue modified audit opinions to clients domiciled in countries with a strong secrecy culture. In addition, we find that the association between secrecy culture and auditors' propensity to issue modified audit opinions is less pronounced in countries with strong investor protection than that in countries with weak investor protection.

Publication Type: Journal Article
Murdoch Affiliation: School Of Business and Governance
Publisher: Wiley
Copyright: © 2016 John Wiley & Sons Ltd.
URI: http://researchrepository.murdoch.edu.au/id/eprint/34653
Item Control Page Item Control Page

Downloads

Downloads per month over past year