（1.College of Business Administration, Hunan Univ, Changsha, Hunan410082, China；2. Hunan Provincial Research Institute for Risk-oriented Auditing，Changsha, Hunan410082, China) 在知网中查找 在百度中查找 在本站中查找
Using Logistic regression, this article sampled 209 companies involved in fraud and 5436 ones not involved from 2003 to 2007, and checked the corporate governance factors that impact the selection of auditors. The results have shown that the relationship between the proportion of independent directors and the selection of high-quality auditors in fraud companies is inverse U shape and that in samples not involved in fraud the relationship between ownership concentration and the selection of high-quality auditors is inverse U shape. In conclusion, the selection of auditors should be handed to the board of auditors, consisting of independent board members, and in order to guarantee a fine ownership structure, the share reform should continue.
