上市公司违规处罚与审计意见实证研究

Empirical research of punishment for regulation violation and audit opinions in listed companies

上市公司被证监会或证券交易所公开处罚,增加了审计师的审计风险,针对这种情况,研究审计师是否会出具更为谨慎的审计意见,以2001-2010年所有被处罚的上市公司为研究对象,实证研究发现,其他条件一定的情况下,上市公司被处罚当年,审计师出具非标准审计意见的机率较大,且处罚程度越严重,得到非标准审计意见的可能性越高。

If illegal listed companies are punished by CSRC or stock exchange, it will increase auditors＇ audit risk. In view of this, all punished listed companies between 2001 and 2010 were chosen as the subjects to study whether auditors will issue more cautious audit opinions. Findings show that with oth- er conditions fixed, it is more likely for a listed company to provide non-standard audit opinions in the same year when it is punished. The more serious the punishment is, the more likely non-standard audit opinions will be.