This paper is an empirical research which regarded audit report opinion given by Certified Public Accountants as dependent variable, treated main business revenue change ratio, Insolvency Index and the natural log of total assets as control variable, which regarded 146 listed companies listed in shanghai or Shenzhen stock market as the main research samples. The research shows that there is significant linear relationship between extraordinary profit and loss and financial report's quality and listed company's management layer can manipulate its financial reports through handling extraordinary profit and loss, especially the companies whose main business are in the crisis. This article assumes and provides the evidence to show there is negative correlation between extraordinary profit and loss and financial report's quality of listed company. Besides, there also has significant correlation between company growth and company size. © 2011 Springer-Verlag.
CITATION STYLE
Shi, F., Guo, J., Xiang, Z., & Zhang, Y. (2011). Research on the correlation between extraordinary profit and loss and financial report’s quality of Chinese listed companies. In Lecture Notes in Electrical Engineering (Vol. 132 LNEE, pp. 549–556). https://doi.org/10.1007/978-3-642-25899-2_74
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