Non-family Shareholder Governance and the Delay of Family Enterprise Audit Reports

DOI

10.2991/978-94-6463-770-0_70How to use a DOI?

Keywords

Non-family Shareholder; Delay of Audit Reports

Abstract

Family enterprises hold a prominent position in the economic development process yet are confronted with a multitude of governance hurdles. By selecting the Shanghai and Shenzhen A-share listed family enterprises during the period from 2014 to 2022 as research specimens, this study delves into the influence of non-family shareholder governance on the postponement of audit reports within family enterprises from the vantage point of ownership structure. The research findings demonstrate that non-family shareholder governance is capable of remarkably diminishing the delay of audit reports. This implies that such governance can augment the timeliness of audit reports in family enterprises, optimize the financial information setting, and reinforce the capacity to foresee and react to risks, which is highly significant for the growth of family enterprises.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Shaokang Zhang
PY  - 2025
DA  - 2025/06/26
TI  - Non-family Shareholder Governance and the Delay of Family Enterprise Audit Reports
BT  - Proceedings of the 2025 3rd International Conference on Digital Economy and Management Science (CDEMS 2025)
PB  - Atlantis Press
SP  - 619
EP  - 623
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-770-0_70
DO  - 10.2991/978-94-6463-770-0_70
ID  - Zhang2025
ER  -