债务期限结构、产权性质与审计费用

Debt Maturity Structure,Ultimate Controller and Audit Fee

本文以2005～2007年上市公司为研究样本,考察了短期债务期限结构、产权性质与审计费用之间的关系,检验对来自短期债务期限结构的监督和治理效应。研究发现,短期债务期限结构与审计费用存在负相关,短期债务期限结构与审计师费用之间的负相关性在民营企业中更为显著;短期债务期限结构对审计费用的敏感度随着终极控股股东的超额控制程度提高而降低。本文拓展了审计费用影响因素的研究,为注册会计师利用公司的资本结构特征帮助财务报告审计工作提供了经验证据,同时也为完善上市公司治理结构提供了新的经验证据。

Based on the 2005 -2007 listed companies as research samples, this paper inspected the relationship a- mong short - term debt maturity structure ,property nature and the audit fee, and check short - term debt maturity structure in respect of supervision and control effect. Study found that short - term debt maturity structure was negatively related to the audit fee, and such negative correlation is significant in private enterprise ; Short - term debt maturity structure＇s sensi- tivity of the audit fee is decreased as ultimate shareholder excess control degree increased. This paper extends factors that influence the audit fees, and provides empirical evidence using the company＇s capital structure feature and then helps fi- nancial report for certified public accountants; besides, this paper provides new empirical evidences to improve governance structure of listed company.