Zhifeng Yang

TL;DR: Wang et al. as discussed by the authors examined whether and how individual auditors affect audit outcomes using a large set of archival Chinese data and found that the effects of individual auditor characteristics on audit quality are both economically and statistically significant, and are pronounced in both large and small audit firms.

TL;DR: Wang et al. as discussed by the authors examined whether and how individual auditors affect audit outcomes using a large set of archival Chinese data, and found that the effects of individual auditor characteristics on audit quality are both economically and statistically significant, and are pronounced in both large and small audit firms.

TL;DR: Wang et al. as mentioned in this paper identify connected auditors as those who attended the same university as the executives of their clients and find that connected audrators are more likely to issue favorable audit opinions, especially for financially distressed clients.

TL;DR: Wang et al. as discussed by the authors identify connected auditors as those who attended the same university as the executives of their clients and find that connected audrators are more likely to issue favorable audit opinions, especially for financially distressed clients.

TL;DR: In this paper, the authors examine whether government regulatory initiatives in China involving IPO by SOEs may have contributed to opportunistic behaviors by the issuer and find that IPO firms that report better pricing-period accounting performance have larger declines in post-IPO profitability, lower first-day stock returns and worse long-run post IPO stock performance.