Doctor of Philosophy
School of Accounting, Economics and Finance
Han, Wenqi, Impact of institutions and culture on auditor independence and corporate governance in China: three case studies of issues arising from China’s economic reforms, Doctor of Philosophy thesis, School of Accounting, Economics and Finance, University of Wollongong, 2017. https://ro.uow.edu.au/theses1/105
The “Open Door” policies of China have brought many changes to Chinese society and its economy, such as foreign investment, and an influx of and an exponential growth in the mobility of skilled professionals. China’s cultural history is long, broad and profound. Confucian culture is deeply embedded in Chinese culture, in which guanxi is an important component. When culture changed, the meaning of guanxi also changed, especially through the transformation and restructuring of societies and politics. This thesis explains the ensuing impact of the political and cultural changes on auditor independence and corporate governance after the implementation of Chinese economic reforms.