社会审计监督与资本市场的风险防范策略研究

Social Audit Supervision and Risk Prevention Strategy of Capital Market

本文基于2004-2019年A股上市公司的时间序列数据,构建实证模型对社会审计监督与资本市场风险展开研究,得出结论:社会审计监督能够有序地约束上市公司经营行为,对于防范个体股价崩盘起着治理功能。社会审计监督能够有序地约束上市公司经营行为,对于防范个体股价崩盘起着治理功能。同时,社会审计具有长期、持续的监督功能,能够有序地提升上市公司信息质量、完善内部控制,保障资本市场的稳定运行、防范系统性风险。资本市场运行具有复杂性,根据实证结论,从健全上市公司内部控制、提高社会审计水准、加强政府监督力度三个维度提出对策,以期为资本市场的稳定运行提供有益参考。

Based on the time series data of a-share listed companies from 2004 to 2019,this paper constructs an empirical model to study the social audit supervision and capital market risks,and concludes that social audit supervision can restrain the business behaviors of listed companies in an orderly manner and play A governance function for preventing the collapse of individual stock prices.Social au governance function for preventing the collapse of individual stock prices.At the same time,social audit has a long-term and continuous supervision function,which can orderly improve the information quality of listed companies,improve internal control,ensure the stable operation of the capital market and prevent systemic risks.The operation of the capital market is complicated.According to the empirical conclusion,countermeasures are put forward from the three dimensions of perfecting the internal control of listed companies,improving the level of social audit and strengthening the supervision of the government,so as to provide useful reference for the stable operation of the capital market.