Chen, Charles J. P.; Srinidhi, Bin N.; Su, Xijia - In: China Journal of Accounting Research 7 (2014) 4, pp. 223-245
Although the benefits of auditing are uncontroversial in developed markets, there is scant evidence about its effect in emerging economies. Auditing derives its value by increasing the credibility of financial statements, which in turn increases investors' reliance on them in developed markets....
