Correlation Research Of Corporate Governance And Audit Opinion

At present, many countries are trying to get rid of the economic and social influence by financial crisis in 2008, and seeking further development. Financial crises have bring us great influence. We cannot help asking what is the deeper reason that trigger the crisis. Some experts point out that it is just the corporate governance that plays an important role in the financial crisis.Corporate governance problem is produced with the company system and the heart of the modern company's system. This paper aims to study the relationship between corporate governance status and audit opinion types, which reveals the corporate governance factors driving certified public accountants provide listed company more helpful audit opinion types. And it is just the issue certified public accountants concern about. Perfect corporate governance structure, not only can improve the standardization and scientific of the operation of a company, still can solve the company interests assignment problem. Corporate governance is the object certified public accountants focus on in implementation of audit procedure process. It play a decisive role in making the company run more efficient, more competitive.Through the investigation to all the manufacturing listed companies in Shanghai Stock Exchange in 2009 and based on the classification about auditing opinion types of annual financial reports, this paper conduct regression analysis to study the relationship between corporate governance structure and the audit opinion types. There are five parts followed. Part one:Introduction. In this part, we will know the purpose and meaning of the paper, the present situation about the area, the method, the frame and the innovative points and so on; Part two:Theories. It told us the theories about corporate governance and the audit opinion, which help us prepare for empirical research; Part three:Empirical design. It conclude the introduction about the design, hypotheses, sample selection, variables selection etc; Part four:empirical research. we chose the SPSS software to carry on the empirical analysis to get the connection between the corporate governance and the auditing opinion types that compressed by the certified public accountants. Part five:Conclusion and suggestion. It told us the conclusion of this research and the suggestion and the way of the future further study.No matter from the theoretical analyzes or the empirical result, this paper shows us that certified public accountants are much concerned of corporate governance. Good corporate governance can be more agreed by certified public accountants, thus the company are easier to receive a helpful audit opinion. Specifically, many factors, such as the proportion of shareholders'average attendance, the proportion of independent directors to the board of directors, and the total salary of the leading three employees among director, supervisors and executives have significant effect to audit opinion types. And some other indicators such as asset-net interest ratio, Debt-to-assets ratio also have certain effect to the auditing opinions types.