Non Standard Audit Opinion And A Listed Company Governs Structure Correlativity Research

The development of capital market, China is changing from traditional plannedeconomy system to market economy system transition is generated based on the. Thecapital market is one of the important place of optimizing the allocation of resources,coupled with the management of the enterprise system changes, from the initial singlemanagement development to the present common ownership and management separation.The company’s stakeholders may be because there is no corresponding time and energy,or should own ability inadequacy, difficult to personally involved in the company relatedbusiness decision-making, only through other way that employ correspondingprofessional talents. Stakeholders will focus on the financial statement of the company’sregistered accountants audit opinions issued by as they judged their investment is toachieve the desired effect of the key reference. Governance structure of company is validand relevant indexes are closely linked, and the types of audit opinions, and in themanagement of enterprises under the supervision of the relevant accounting informationintegrity and authenticity are inseparable.In this paper a comprehensive study of the corporate governance structure(including: the ownership structure, board of directors, board of supervisors, independentdirectors) and CPA audit opinion correlation. Anticipation was found in the corporationgovernance structure which will produce significant influence on audit opinions, in orderto perfect the corporate governance structure to provide some experiences based on. Theuse of standardized analysis and empirical analysis of a combination of research methods.The structure of corporate governance and audit opinion of literature review; an overviewof the structure of corporate governance and audit opinion of the basic connotation,influence factors. Based on the analysis of the structure of corporate governance andaudit opinion of the correlation between basic theory; and then puts forward the basicassumption of empirical research. According to the2010company audit opinion datawere analyzed by descriptive statistics, regression analysis and other empirical testLogistic. The test results is the proportion of the first shareholder,2-4holding proportionof large shareholders and the scale of the board of supervisors and the non-standard auditopinions are related; the proportion of independent directors, board size, state-owned shares company shares the proportion and the proportion of shares in circulation and thereceived audit opinion does not exist significant correlation; chairman of the board andchairman of the board of supervisors of education and non standard audit opinionnegative correlation. The first major shareholders and2-4major shareholders equity ratiois larger, the board of supervisors is larger, more easily received non-standard auditopinions; chairman of the board and chairman of the board of supervisors degree isrelatively high, easily received standard audit opinion; and the proportion of independentdirectors, board size, the proportion of state-owned shares and the proportion of tradableshares and received the audit opinion no significant correlation.