本文關(guān)鍵詞：公司業(yè)績(jī)、資本結(jié)構(gòu)與對(duì)外信用擔(dān)保，由筆耕文化傳播整理發(fā)布。

《Auditing Research》 2014-01

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A Study on the Relationship between External Guarantees of Listed Firms and Going-concern Opinions——Evidence from A-share stock market in China

Zhang Junrui;Liu Bin;  

Based on Chinese A-share listed companies of Shanghai and Shenzhen main board stock market from2007 to 2011,this paper studies the relationship between external guarantee behaviors of listed companies and going-concern opinions issued by auditors using Logit regression analysis method.Our study has several findings as follows:as an important way for firms to acquire loans from banks,guarantees widely exist among Chinese listed companies;therefore,it is unlikely for auditors to issue going-concern opinions only because companies provide guarantees.However,when auditors take the sizes,objects and risks of guarantees into consideration,they will change the auditor opinions correspondingly:auditors are concerned about the guarantee size,and are more likely to issue a going-concem opinion for the enterprise whose guarantee size is larger.Besides,relative to the guarantees provided for subsidiary,auditors pay more attention to the guarantees that listed firms provide for non-subsidiary.In addition,auditors are cautious about the firms with high risky guarantees,and are more likely to issue a going-concern opinion to them.

【Key Words】：
【Fund】： 國(guó)家自然科學(xué)基金項(xiàng)目(編號(hào):71172186);; 教育部新世紀(jì)人才支持計(jì)劃項(xiàng)目(NCET-07-0309);; 西安交通大學(xué)“中央高校基本科研業(yè)務(wù)費(fèi)”(人文社科類 Sk2010036)的階段性成果
【CateGory Index】： F832.51;F239.43

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  本文關(guān)鍵詞：公司業(yè)績(jī)、資本結(jié)構(gòu)與對(duì)外信用擔(dān)保，由筆耕文化傳播整理發(fā)布。