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
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

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