Notice of RetractionA study on the relationship between management structure and financial reporting fraud of listed companies in China

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

This paper did an empirical research on relationship between management structure and financial reporting fraud, with the 87 listed companies penalized by CSRC (China Securities Regulatory Commission), Ministry of Finance and Stock Exchange for financial reporting fraud as research samples. We found that the size of board of supervisors, executive scale, the average age of managers, the proportion of executives in managers are positively related to the likelihood of financial reporting fraud, and the size of board of directors, chairman of the board changes, the proportion of directors in managers, the proportion of supervisors in managers are negatively related to the likelihood of financial reporting fraud. The results show the arrangements for the management structure of a company will have an important impact on the quality of financial reporting.