Empirical Study of the Market's Reaction to the Different Types of Accounting firm Changes

机译：市场对会计师事务所变动类型反应的实证研究

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The paper studies whether there are different market's reactions to the different types of accounting firm changes. Based on the accounting firm change samples from 2000 to 2008. This paper divides the accounting firm changes into different types according to whether it is categorized as the "big four". we analyze and compare the different market reactions with the event study. The empirical results shows that: 1. When a public company changes its accounting firm from Non-Big Four to Big Four, the market's reaction is significantly positive; 2.when a public company changes its accounting firm from Big Four to Non-Big Four, the market's reaction is significantly negative. 3. There are noticeable differences between the two reactions.

机译：本文研究了市场对不同类型的会计师事务所变更是否有不同的反应。以2000年至2008年的会计师事务所变更样本为依据。根据是否将其归类为“四大”，将会计师事务所变更分为不同的类型。我们通过事件研究分析并比较了不同的市场反应。实证结果表明：1.上市公司将会计公司由非四大转变为四大时，市场的反应明显是积极的; 2.当一家上市公司将其会计师事务所从四大公司转变为非四大公司时，市场的反应明显是负面的。 3.两种反应之间存在明显差异。

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《IEEE international conference on information management and engineering》|2011年|455-459|共5页
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Fu Yuanyang; Wang Qiancai; GuoHe;
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正文语种
中图分类信息处理（信息加工）;
关键词
Types of accounting firm Changes; market reaction; event study;

机译：会计师事务所的类型变更市场反应事件研究;

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Empirical Study of the Market's Reaction to the Different Types of Accounting firm Changes

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