机会主义还是稳健主义?——来自中国上市公司解聘审计师的经验证据

Opportunism or Conservatism——Evidence from Auditor Dismissals

上市公司解聘审计师问题是学术界和监管部门关注的热点,本文选取2002至2004会计年度解聘审计师的公司为研究样本,考察了上市公司解聘审计师的动机及其经济后果。结果表明,公司解聘审计师并非由于前任审计师过于稳健,当公司具有避免亏损、ST、退市以及摘除ST的动机时,则更有可能解聘审计师,而且这些公司通过解聘审计师成功实现了审计意见的购买。

When listed companies dismiss their auditors, it becomes a hot topic in the academe circle and supervision departments. In this paper, we choose as the sample some listed companies that dismissed their auditors during the fiscal year 2002,2003 and 2004. In the sample companies, we review their motivation and economic effect of auditor dismissal. Result shows that this kind of dismissal is not because of the auditor＇s over conservative but because of the companyg incentive to avoid losses, ST and to withdraw from the stock market or to throw away ST. One more benefit from auditor dismissal is that it can make it easy for these companies to realize opinion shopping.