Access the full text.
Sign up today, get DeepDyve free for 14 days.
Chenting Su, J. Littlefield (2001)
Entering Guanxi: A Business Ethical Dilemma in Mainland China?Journal of Business Ethics, 33
Alan Au, Danny Wong (2000)
The Impact of Guanxi on the Ethical Decision-Making Process of Auditors – An Exploratory Study on Chinese CPAs in Hong KongJournal of Business Ethics, 28
Tatsuo Inoue, W. Thomas (2007)
The Choice of Accounting Policy In JapanJournal of International Financial Management and Accounting, 7
S. Ang, S. Leong (2000)
Out of the Mouths of Babes: Business Ethics and Youths in AsiaJournal of Business Ethics, 28
Yadong Luo (1997)
Guanxi: principles, philosophies, and implicationsHuman systems management, 16
Yadong Luo (1997)
Guanxi and Performance of Foreign-invested Enterprises in China: An Empirical InquiryManagement International Review, 37
J. Kidd (1995)
Subcontractors, JIT and kanbans: a brief review of spring manufacturing in Japan and South KoreaIntegrated Manufacturing Systems, 6
Yadong Luo (1995)
Business Strategy, Market Structure, and Performance of International Joint Ventures: The Case of Joint Ventures in China 1Management International Review, 35
Ji Li, P. Wright (2000)
Guanxi and the realities of career development: a Chinese perspectiveCareer Development International, 5
I. Yeung, Rosalie Tung (1996)
Achieving business success in Confucian societies: The importance of guanxi (connections)Organizational Dynamics, 25
S. Lovett, L. Simmons, Raja Kali (1999)
Guanxi Versus the Market: Ethics and EfficiencyJournal of International Business Studies, 30
A. Berger (1997)
Continuous improvement and kaizen: standardization and organizational designsIntegrated Manufacturing Systems, 8
Purpose – Seeks to analyze the impact of recent accounting and auditing failures in the USA on US accounting and auditing in China, focusing on the practice of guanxi – the networks of informal relationships and exchanges of favors that dominate all business and social activities in Chinese societies. Design/methodology/approach – Examines Chinese culture and uses historical precedents and parallels with Japanese culture to predict potential accounting and auditing problems. Findings – Determines that guanxi has the potential to undermine the high standards of auditor independence, audit quality, and ethical behavior to which auditors must adhere. Research limitations/implications – The review of Chinese culture and list of historical precedents is not exhaustive, and the standards are all US, which perhaps limits its usefulness elsewhere. Practical implications – A very useful source of information on Chinese business behavior as it impacts accountants and auditors. Originality/value – Enables policy makers and professional accountants to anticipate and predict how guanxi may threaten the progress made in improving financial management and reporting, and may undermine auditor independence, audit quality, and the quality of financial reporting.
Managerial Auditing Journal – Emerald Publishing
Published: Apr 1, 2005
Keywords: National cultures; China; Business development; Auditing; Accounting; Quality
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.