Tag Archive
Is remote auditing the future of financial oversight?
Wu, Donghui, Xin, Xiangang • Wu, Donghui • Xin, Xiangang • • 5 mins read
The new normal prompts a shift to virtual working arrangements and a new study finds that remote auditing may become a lasting trend By Aaron Woolner The pandemic has changed the world for the better or worse. While the borders have been opened and lockdowns have lifted, the new normal dictates that attitudes to remote […]
Where Guanxi Matters: The Modern Chinese Financial Sector
Yang, George Yong, Wu, Donghui • Yang, George Yong(楊勇) • Wu, Donghui(吳東輝) • • 3 mins read
China’s Evolving Financial Sector and Its Global Importance China’s financial services sector has experienced burgeoning growth in the past two decades. Hong Kong and Shanghai rank among the top 10 Global Financial Centres in 2023, according to the Global Financial Centres Index 33. By the end of 2022, the country’s financial institutions had a total of […]
China Business Knowledge@CUHK’s Top 10 Articles in 2022
Dai, Xianchi, Lau, Dora Chi-sun, Shen, Hao, Wu, Donghui, Wan, Lisa Chun-ying, Choi, Sungwoo, Zhuang, Zili • Dai, Xianchi • Zhang, Wenrui • Stice, Han • Lau, Dora Chi-sun • Shen, Hao • Wu, Donghui • Hu, Maggie Rong • Kitney, Paul • Wan, Lisa Chun-ying • Choi, Sungwoo • Zhuang, Zili • • 4 mins read
From surging inflation to the conflict in Ukraine, for many people doing business in 2022 was probably fraught with a high degree of uncertainty. To illuminate the way ahead, here are this year’s 10 most popular articles, featuring our cutting edge research and expert insights
Does Guanxi Among Auditors Defeat the Purpose of Auditor Rotation?
Wu, Donghui • Wu, Donghui • • 6 mins read
The purpose of mandatory auditor rotation is to prevent accounting fraud but the close connections between incoming and outgoing auditors raise questions on the effectiveness of the practice in China
How Political Turnover Affects Tax Avoidance Among China’s SOEs
Wu, Donghui • Wu, Donghui • • 6 mins read
Research study reveals China’s state-owned enterprises engage in less tax avoidance behaviour in with a view to receiving subsidies or political favours from newly appointed local government officials
The Audit Cost of Being on China’s Hurun Rich List
Wu, Donghui • Wu, Donghui • • 5 mins read
Research finds auditors tend to charge higher fees or use stronger language in audit opinions against clients listed on China’s rich list