Adhikari, A., Derashid, C., & Zhang, H. (2006). Public policy, political connections, and effective tax rates: Longitudinal evidence from Malaysia. Journal of Accounting and Public Policy, 25(5), 574–595.
Agrawal, A., & Knoeber, C. R. (2001). Do some outside directors play a political role? Journal of Law and Economics, 44(1), 179–198.
Aharony, J., Lee, C. W. J., & Wong, T. J. (2000). Financial packaging of IPO firms in China. Journal of Accounting Research, 38(1), 103–126.
Aharony, J., Wang, J., & Yuan, H. (2010). Tunneling as an incentive for earnings management during the IPO process in China. Journal of Accounting and Public Policy, 29(1), 1–26.
Armstrong, C. S., & Vashishtha, R. (2012). Executive stock options, differential risk-taking incentives, and firm value. Journal of Financial Economics, 104(1), 70–88.
Ashbaugh-Skaife, H., Collins, D. W., Kinney, W. R., & Lafond, R. (2008). The effect of SOX internal control deficiencies and their remediation on accrual quality. The Accounting Review, 83(1), 217–250.
Bachar, J. (1989). Auditing quality, signaling, and underwriting contracts. Contemporary Accounting Research, 6(1), 216–241.
Ball, R., Robin, A., & Wu, J. S. (2003). Incentives versus standards: Properties of accounting income in four East Asian countries. Journal of Accounting and Economics, 36(1), 235–270.
Balvers, R. J., McDonald, B., & Miller, R. E. (1988). Underpricing of new issues and the choice of auditor as a signal of investment banker reputation. The Accounting Review, 63(4), 605–622.
Beatty, R. P. (1989). Auditor reputation and the pricing of initial public offerings. The Accounting Review, 64(4), 693–709.
Beatty, R. P., & Ritter, J. R. (1986). Investment banking, reputation, and the underpricing of initial public offerings. Journal of Financial Economics, 15(1), 213–232.
Becker, C., DeFond, M., Jiambalvo, J., & Subramanyam, K. R. (1998). The effect of audit quality on earnings management. Contemporary Accounting Research, 15(1), 1–24.
Bell, T., Peecher, M. E., & Solomon, I. (2005). The 21st century public accounting audit. New York: KPMG International.
Berkman, H., Cole, R. A., & Fu, L. J. (2010). Political connections and minority shareholder protection: Evidence from securities-market regulation in China. Journal of Financial and Quantitative Analysis, 45(6), 1391–1417.
Boulton, T. J., Smart, S. B., & Zutter, C. J. (2011). Earnings quality and international IPO underpricing. The Accounting Review, 86(2), 483–505.
Brau, J. C., & Johnson, P. M. (2009). Earnings management in IPOs: Post-engagement third-party mitigation or issuer signaling? Advances in Accounting, 25(2), 125–135.
Carter, R., Dark, F. H., & Singh, A. K. (1998). Underwriter reputation, initial returns, and the long-run performance of IPO stocks. The Journal of Finance, 53(1), 285–311.
Carter, R., & Manster, S. (1990). Initial public offerings and underwriter reputation. The Journal of Finance, 45(4), 1045–1067.
Chan, D. K., & Pae, S. (1998). An analysis of the economic consequences of the proportionate liability rule. Contemporary Accounting Research, 15(4), 457–480.
Chan, K. H., & Wu, D. (2011). Aggregate quasi rents and auditor independence: Evidence from audit firm mergers in China. Contemporary Accounting Research, 28(1), 175–213.
Chen, C., Shi, H., & Xu, H. (2013). Underwriter reputation, issuer ownership, and pre-IPO earnings management: Evidence from China. Financial Management, 42(3), 647–677.
Chen, G., Firth, M., Gao, D. N., & Rui, O. M. (2006). Ownership structure, corporate governance, and fraud: Evidence from China. Journal of Corporate Finance, 12(3), 424–448.
Chen, H., Chen, J. Z., Lobo, G. J., & Wang, Y. (2011). Effects of audit quality on earnings management and cost of equity: Evidence from China. Contemporary Accounting Research, 28(3), 892–925.
Chen, J. P., Chen, S., & Su, X. (2001). Profitability regulation, earnings management, and modified audit opinions: Evidence from China. Auditing: A Journal of Practice & Theory, 20(2), 9–30.
Chen, K. C. W., & Yuan, H. (2004). Earnings management and capital resource allocation: Evidence from China’s accounting-based regulation of rights issues. The Accounting Review, 79(3), 645–665.
China Securities Regulatory Commission. (2006). Administrative measures for the initial public offering and listing of stocks. No. 32. Beijing: CSRC.
Choi, J. H., Kim, J. B., Qiu, A. A., & Zang, Y. (2012). Geographic proximity between auditor and client: How does it impact audit quality? Auditing: A Journal of Practice & Theory, 31(2), 43–72.
Chu, A. G. H., Du, X., & Jiang, G. (2011). Buy, lie, or die: An investigation of Chinese ST firms’ voluntary interim audit motive and auditor independence. Journal of Business Ethics, 102(1), 135–153.
Cohen, D. A., & Zarowin, P. (2010). Accrual-based and real earnings management activities around seasoned equity offerings. Journal of Accounting and Economics, 50(1), 2–19.
Copley, P. A., & Douthett, E. B. (2002). The association between auditor choice, ownership retained, and earnings disclosure by firms making initial public offerings. Contemporary Accounting Research, 19(1), 49–76.
Craswell, A. T., Francis, J. R., & Taylor, S. L. (1995). Auditor brand name reputations and industry specializations. Journal of Accounting and Economics, 20(3), 297–322.
Davidson, R., Goodwin, S. J., & Kent, P. (2005). Internal governance structures and earnings management. Accounting & Finance, 45(2), 241–267.
DeAngelo, L. E. (1981). Auditor size and audit quality. Journal of Accounting and Economics, 3(3), 183–199.
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earnings management. The Accounting Review, 70(2), 193–225.
DeFond, M. L., & Subramanyam, K. R. (1998). Auditor changes and discretionary accruals. Journal of Accounting and Economics, 25(1), 35–67.
DeFond, M. L., Wong, T. J., & Li, S. (2000). The impact of improved auditor independence and audit market concentration in China. Journal of Accounting and Economics, 28(3), 269–305.
Dinc, S. (2005). Politicans and banks: Political influences on government-owned banks in emerging market. Journal of Financial Economics, 77(2), 691–723.
Du, X., & Lai, S. (2015). Financial distress, investment opportunity, and the contagion effect of low audit quality: Evidence from china. Journal of Business Ethics,. doi:10.1007/s10551-015-2986-5.
DuCharme, L. L., Malatesta, P. H., & Sefcik, S. E. (2001). Earnings management: IPO valuation and subsequent performance. Journal of Accounting, Auditing & Finance, 16(4), 369–396.
Dunn, K. A., & Mayhew, B. W. (2004). Audit firm industry specialization and client disclosure quality. Review of Accounting Studies, 9(1), 35–58.
Faccio, M., Masulis, R., & McConnell, J. J. (2006). Political connections and corporate bailouts. Journal of Finance, 61(6), 2597–2635.
Fan, G., Wang, X. L., & Zhu, H. P. (2011). NERI index of marketization of China’s provinces 2011 report. Beijing: Economics Science Press (in Chinese).
Francis, J. R., & Wang, D. (2008). The joint effect of investor protection and Big 4 audits on earnings quality around the world. Contemporary Accounting Research, 25(1), 157–191.
Frankel, R. M., Johnson, M. F., & Nelson, K. K. (2002). The relation between auditors’ fees for nonaudit services and earnings management. The Accounting Review, 77(s-1), 71–105.
Geiger, M. A., & Raghunandan, K. (2002). Auditor tenure and audit reporting failures. Auditing: A Journal of Practice and Theory, 21(1), 67–78.
Grullon, G., Kanatas, G., & Weston, J. (2010). Religion and corporate (mis) behavior. Working paper, Rice University.
Guedhami, O., Pittman, J. A., & Saffar, W. (2014). Auditor choice in politically connected firms. Journal of Accounting Research, 52(1), 107–162.
Guiso, L., Sapienza, P., & Zingales, L. (2008). Trusting the stock market. The Journal of Finance, 63(6), 2557–2600.
Heninger, W. G. (2001). The association between auditor litigation and abnormal accruals. The Accounting Review, 76(1), 111–126.
Hogan, C. E. (1997). Costs and benefits of audit quality in the IPO market: A self-selection analysis. The Accounting Review, 72(1), 67–86.
Hong, A. H., Hung, M., & Lobo, G. J. (2014). The impact of mandatory IFRS adoption on IPOs in global capital markets. The Accounting Review, 89(4), 1365–1397.
International Federation of Accountants. (2010). Handbook of the code of ethics for professional accountants.
Jha, A., & Chen, Y. (2014). Audit fees and social capital. The Accounting Review, 90(2), 611–639.
Jo, H., Kim, Y., & Park, M. S. (2007). Underwriter choice and earnings management: Evidence from seasoned equity offerings. Review of Accounting Studies, 12(1), 23–59.
Johnson, V. E., Khurana, I. K., & Reynolds, J. K. (2002). Audit-firm tenure and the quality of financial reports. Contemporary Accounting Research, 19(4), 637–660.
Jones, J. J. (1991). Earnings management during import relief investigations. Journal of Accounting Research, 29(2), 193–228.
Kao, J. L., Wu, D., & Yang, Z. (2009). Regulations, earnings management, and post-IPO performance: The Chinese evidence. Journal of Banking & Finance, 33(1), 63–76.
Klein, A. (2002). Audit committee, board of director characteristics, and earnings management. Journal of Accounting and Economics, 33(3), 375–400.
Kothari, S. P., Leone, A. J., & Wasley, C. E. (2005). Performance matched discretionary accrual measures. Journal of Accounting and Economics, 39(1), 163–197.
Lee, H. Y., & Mande, V. (2003). The effect of the Private Securities Litigation Reform Act of 1995 on accounting discretion of client managers of Big 6 and non-Big 6 auditors. Auditing: A Journal of Practice and Theory, 22(1), 93–108.
Li, H., Meng, L., Wang, Q., & Zhou, L. (2008). Political connections, financing and firm performance: Evidence from Chinese private firms. Journal of Development Economics, 87(2), 283–299.
Lim, C. Y., & Tan, H. T. (2008). Non-audit service fees and audit quality: The impact of auditor specialization. Journal of Accounting Research, 46(1), 99–246.
Lim, C. Y., & Tan, H. T. (2010). Does auditor tenure improve audit quality? Moderating effects of industry specialization and fee dependence. Contemporary Accounting Research, 27(3), 923–957.
Loebbecke, J. K., Eining, M. M., & Willingham, J. J. (1989). Auditors’ experience with material irregularities: Frequency, nature, and detectability. Auditing: A Journal of Practice & Theory, 91(1), 1–28.
Mautz, R. K., & Sharaf, H. A. (1961). The philosophy of auditing. Sarasota, FL: American Accounting Association.
Myers, J. N., Myers, L. A., & Omer, T. C. (2003). Exploring the term of the auditor–client relationship and the quality of earnings: A case for mandatory auditor rotation? The Accounting Review, 78(3), 779–799.
Petty, R., & Cuganesan, S. (1996). Auditor rotation: Framing the debate. Australian Accountant, 5, 40–41.
Pittman, J. A., & Fortin, S. (2004). Auditor choice and the cost of debt for newly public firms. Journal of Accounting and Economics, 37(1), 113–136.
Reichelt, K. J., & Wang, D. (2010). National and office-specific measures of auditor industry expertise and effects on audit quality. Journal of Accounting Research, 48(3), 647–686.
Sherman, A. E. (2000). IPOs and long term relationships: An advantage of book building. Review of Financial Studies, 13(3), 697–714.
Titman, S., & Trueman, B. (1986). Information quality and the valuation of new issues. Journal of Accounting and Economics, 8(2), 159–172.
Venkataraman, R., Weber, J. P., & Willenborg, M. (2008). Litigation risk, audit quality, and audit fees: Evidence from initial public offerings. The Accounting Review, 83(5), 1315–1345.
Watts, R. L., & Zimmerman, J. L. (1983). Agency problems, auditing, and the theory of the firm: Some evidence. Journal of Law and Economics, 26(3), 613–633.
Xie, B., Davidson, W. N., & DaDalt, P. J. (2003). Earnings management and corporate governance: The role of the board and the audit committee. Journal of Corporate Finance, 9(3), 295–316.
Yang, Z. (2013). Do political connections add value to audit firms? Evidence from IPO audits in China. Contemporary Accounting Research, 30(3), 891–921.
Zhou, H., & Li, G. (2016). Political connections: An explanation for the consistently poor performance of China’s stock markets. Working paper, Central University of Finance and Economics.