This study provides evidence on the incentives of voluntary auditor attestation reports on internal control (ARIC). We select samples of publicly traded firms in CHINA in 2009 both on Shanghai and Shenzhen Stock Exchange according to the specific selecting procedures. Our analysis of samples in 2009 indicates that there is a large association between a voluntary ARIC and some firm characteristics. We find a positive relationship between firm size, managerial ownership, ownership concentration, sales growth and ARIC. Besides, a positive relationship between firm age, audit fees, financial leverage and ARIC. The research shows that there is no significant relationship between inventory and ARIC. |