Li, Yuhong; Guo, Fei - In: China journal of accounting research : CJAR 17 (2024) 4, pp. 1-28
We examine auditor responses to the voluntary resignation of independent directors. We show that auditors respond by … reveal that independent directors' voluntary resignation leads to increased regulatory sanctions and negative media coverage …) experienced consecutive voluntary resignations by independent directors. Mandatory resignation has no such effect. …
