• Corpus ID: 55060640

Earnings management, corporate governance, and auditor’s opinions: a financial distress prediction model

  title={Earnings management, corporate governance, and auditor’s opinions: a financial distress prediction model},
  author={Hsiao-Fen Hsiao and Szu-Hsien Lin and Ai-Chi Hsu},
  journal={Investment management \& financial innovations},
This study sets out to examine three issues: whether financially distressed firms are more likely to manipulate their earnings, whether the board of directors of these firms has a low level of independence, and whether the opinion of their auditors reflects the possibility of financial distress. This study uses a dataset of listed and de-listed firms from 1997 to 2007 to examine various factors and conditions before a firm’s financial distress, including the variables of earnings management… 

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