Research Article
An Empirical Study on the Influence of Consolidated Financial Statement’s Amplification Effect on Audit Fees
Table 1
Statistics of the relationship between shareholding ratio and consolidation (shareholding ratio <30%).
| | Stock code | Company abbreviation | Year | Shareholding ratio (%) | Consolidation or not | Investees |
| | 000009 | China Baoan | 2019 | 20 | Yes | Guangzhou Rixin Baoan new material industry investment center | | 000009 | China Baoan | 2019 | 19.80 | Yes | Wuhan Tongdaohe technology partnership | | 600057 | Xiangyu Gufen | 2016 | 0.07 | Yes | Xiamen Yushang investment partnership | | 600238 | Hainan Yedao | 2019 | 15.87 | Yes | Hainan Yedao Investment Management Co., Ltd. | | 600239 | Yunnan real estate | 2019 | 0.64 | Yes | Yunnan Ansheng Chuangxiang tourism industry investment partnership | | 600239 | Yunnan real estate | 2019 | 1 | Yes | Yunnan Rongcheng investment partnership |
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Data source: annual report of listed companies.
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