Research On The Change Of Accounting Firm's Motivation And Economic Consequences In Assets Reorganization And Listed Companies

At present,the phenomenon of asset restructuring and accounting firm changes of listed companies in China is becoming more frequent.After the reorganization of assets,the company faces the adjustment of the enterprise boundary.At this time,it faces greater pressure on restructuring performance and pressure to maintain stock price stability.After the asset reorganization,the performance of the company has been questioned by the outside world.Whether the asset reorganization can play various roles including financial coordination has been controversial in the academic and practical circles.The behavior of the listed company changed the accounting firm after the asset reorganization,which makes people doubt the correlation between the two phenomena.After the reorganization of the listed company's assets,due to the possible restructuring strategy mistakes,the company faces greater performance pressure and pressure on the stock price,which has higher risks.The change of accounting firms has always been the focus of outside attention.Motivation such as the possible purchase of audit opinions has been a hot topic in the academic and practical circles,and when asset restructuring and change accounting firms occur simultaneously in a listed company,the risk will rise sharply.Studying the dynamics and economic consequences of changing the accounting firm of an asset-restructuring listed company helps to summarize the rules of such phenomena in the capital market,and can deepen the understanding of the regulatory authorities and investors on restructuring and changing firms.Based on the theoretical analysis,this paper analyzes the specific motivations and economic consequences of changing the accounting firm after asset restructuring through the typical case of X company,and draws conclusions and gives corresponding suggestions.On the basis of summarizing and analyzing the current situation of asset restructuring and change of accounting firms in China's listed companies,the analysis of the reasons for the company's asset restructuring after repeated changes in the accounting firm's motivations mainly include obtaining standard audit opinions,responding to financial distress,and resigning the firm's initiative;The economic consequences are mainly due to certain improvement in audit opinions,improvement in financial status,increase in audit fees and negative market response.The research results of this paper can help regulators,listed companies,accounting firms and investors to understand the phenomenon of asset restructuring companies changing their accounting firms.