审计市场集中度与投资者保护研究

Audit Market Concentration and Investors' Protection

投资者权益保护是资本市场发展的前提和基础,审计作为保护投资者的重要环节,日益受到研究者和监管部门的重视。然而,在当今中国资本市场迅速发展的时候,财务舞弊案及相应的审计失败案却使人对中国证券审计市场保护投资者的程度产生质疑。本文试图从中国审计市场的结构中寻找原因,并探寻一个能为投资者提供更好保护的审计市场集中度。

The protection of investors＇ interests is the premise and foundation of capital market development. As an important part of investor protection, auditing is gaining great attention for both researchers and supervisors. However, while China＇s capital market is developing fast, financial fraud and related audit failures raise the question on how to protect the investors＇ interests on China＇s stock audit market. This paper tries to find out the causes of this phenomenon and use the audit market concentration ratio to protect investors effectively.