IPO Pricing Regulation and Audit Fees: A Perspective from Institutional Changes in China

Article

Zhao, Gang, Deng, Ying, Jiang, Yujia and Bowrey, Graham. 2023. "IPO Pricing Regulation and Audit Fees: A Perspective from Institutional Changes in China." Australasian Accounting Business and Finance Journal. 17 (2), pp. 86-112. https://doi.org/10.14453/aabfj.v17i2.07

Article Title	IPO Pricing Regulation and Audit Fees: A Perspective from Institutional Changes in China
ERA Journal ID	40372
Article Category	Article
Authors	Zhao, Gang, Deng, Ying, Jiang, Yujia and Bowrey, Graham
Journal Title	Australasian Accounting Business and Finance Journal
Journal Citation	17 (2), pp. 86-112
Number of Pages	27
Year	2023
Publisher	University of Wollongong
Place of Publication	Australia
ISSN	1834-2000
	1834-2019
Digital Object Identifier (DOI)	https://doi.org/10.14453/aabfj.v17i2.07
Web Address (URL)	https://ro.uow.edu.au/aabfj/vol17/iss2/7/
Abstract	From the perspective of institutional change of IPO regulation, this paper discusses the relationship between IPO pricing regulation and audit fees in China. This paper finds that the audit fees of IPO companies are higher in the stage of pricing regulation in comparison to the stage of pricing marketization. We also find auditors charge higher audit fees for the private companies than state-owned companies during the IPO pricing regulation period. Furthermore in regions with tighten legislation, IPO audit fees are higher in the IPO pricing regulation period.
Keywords	Audit Fees; Audit risk; China; Institutional changes; IPO pricing regulation
Public Notes	Files associated with this item cannot be displayed due to copyright restrictions.
Byline Affiliations	Zhejiang University of Finance and Economics, China
	Central University of Finance and Economics, China
	University of Southern Queensland

Permalink -

https://research.usq.edu.au/item/z274v/ipo-pricing-regulation-and-audit-fees-a-perspective-from-institutional-changes-in-china

44
total views
0
total downloads
4
views this month
0
downloads this month

Export as

Related outputs

Bioactive compounds, health benefits, and industrial applications of Tartary buckwheat (Fagopyrum tataricum)

Zou, Liang, Wu, Dingtao, Ren, Guixing, Hu, Yichen, Peng, Lianxin, Zhao, Jianglin, Garcia-Perez, Pascual, Carpena, Maria, Prieto, Miguel A., Cao, Hui, Cheng, Ka-Wing, Wang, Mingfu, Simal-Gandara, Jesus, John, Oliver D., Rengasamy, Kannan R. R., Zhao, Gang and Xiao, Jianbo. 2023. "Bioactive compounds, health benefits, and industrial applications of Tartary buckwheat (Fagopyrum tataricum)." Critical Reviews in Food Science and Nutrition. 63 (5), pp. 657-673. https://doi.org/10.1080/10408398.2021.1952161

The Postpandemic Future of Australian Regional Aviation: How Regional Express (Rex) Navigated the Challenges and Opportunities

Bowyer, Dorothea Maria, Jones, Greg Evan, El Hamad, Walid, Beattie, Claire, Smark, Ciorstan and Deng, Ying. 2022. "The Postpandemic Future of Australian Regional Aviation: How Regional Express (Rex) Navigated the Challenges and Opportunities." Kurnaz, Salim and Argin, Emrah (ed.) Digitalization and the Impacts of COVID-19 on the Aviation Industry. IGI Global. pp. 73-101

Impact of NSW Local Council Investment Exposures on Audit Opinions

Jones, Greg and Bowrey, Graham. 2010. "Impact of NSW Local Council Investment Exposures on Audit Opinions." e-Journal of Social and Behavioural Research in Business. 1 (1), pp. 1-11.

Exploring Changing Requirements of Financial Statement Audit Reports via a Morphogenetic Approach

Deng, Ying, Bowrey, Graham and Jones, Greg. 2021. "Exploring Changing Requirements of Financial Statement Audit Reports via a Morphogenetic Approach." Australasian Accounting Business and Finance Journal. 15 (2), pp. 38-55. https://doi.org/10.14453/aabfj.v15i2.4

Survival of the Fittest: Challenges for regional aviation to serve the needs of Australian regional and remote communities

Bowyer, Dorothea, Jones, Greg, Bowrey, Graham and Smark, Ciorstan. 2020. "Survival of the Fittest: Challenges for regional aviation to serve the needs of Australian regional and remote communities." Australasian Journal of Regional Studies. 26 (1), pp. 1-28.

The Influence of Economic (Ir)rationality on Public Sector Reforms

Bowrey, Graham, Smark, Ciorstan and Jones, Greg. 2019. "The Influence of Economic (Ir)rationality on Public Sector Reforms." e-Journal of Social and Behavioural Research in Business. 10 (1), pp. 24-39.

Local Government investing: a form of gambling?

Jones, Greg and Bowrey, Graham. 2010. "Local Government investing: a form of gambling?" Australiasian Journal of Regional Studies. 16 (1), pp. 37-50.

A pair of giant planets around the evolved intermediate-mass star hd 47366: multiple circular orbits or a mutually retrograde configuration

Sato, Bun’ei, Wang, Liang, Liu, Yu-Juan, Zhao, Gang, Omiya, Masashi, Harakawa, Hiroki, Nagasawa, Makiko, Wittenmyer, Robert A., Butler, Paul, Song, Nan, He, Wei, Zhao, Fei, Kambe, Eiji, Noguchi, Kunio, Ando, Hiroyasu, Izumiura, Hideyuki, Okada, Norio, Yoshida, Michitoshi, Takeda, Yoichi, ..., Ida, Shigeru. 2016. "A pair of giant planets around the evolved intermediate-mass star hd 47366: multiple circular orbits or a mutually retrograde configuration ." The Astrophysical Journal: an international review of astronomy and astronomical physics. 819 (1). https://doi.org/10.3847/0004-637X/819/1/59

The big end of town meets the local council: the investment habitus of four sets of Australian councils during the GFC

Jones, Greg, Beattie, Claire, Bowrey, Graham and Smark, Ciorstan. 2016. "The big end of town meets the local council: the investment habitus of four sets of Australian councils during the GFC ." Australian Journal of Public Administration. 75 (4), pp. 441-456. https://doi.org/10.1111/1467-8500.12212

Local council financial management: assessing the impact of policy change and proposed amalgamations

Jones, Greg, Bowrey, Graham, Beattie, Claire and Smark, Ciorstan. 2016. "Local council financial management: assessing the impact of policy change and proposed amalgamations." Australasian Journal of Regional Studies. 22 (3), pp. 355-374.

Local council governance and audit committees - the missing link?

Jones, Gregory and Bowrey, Graham. 2013. "Local council governance and audit committees - the missing link?" Journal of New Business Ideas and Trends. 11 (2), pp. 58-66.