Audit Committee Composition and Auditor Reporting
研究财务困境公司审计委员会中关联董事比例与收到持续经营审计意见的关系，发现比例越高，审计师越不可能出具持续经营报告，支持监管者对独立审计委员会的呼吁。
This study examines the relation between the composition of financially distressed firms' audit committees and the likelihood of receiving going-concern reports. For firms experiencing financial distress during 1994, we find that the greater the percentage of affiliated directors on the audit committee, the lower the probability the auditor will issue a going-concern report. These results support regulators' concern about financial-reporting quality and the recent calls for more independent audit committees.