会计诚信影响审计定价吗?——基于管理层业绩预告准确性视角

Does Accounting Integrity Affect Audit Pricing?——Based on the accuracy of earnings forecasts

诚信是社会主义市场经济的基础,诚信对企业的重要性不言而喻。本文以2008～2015年沪深两市A股上市公司为研究对象,以前三年管理层业绩预告准确性的均值度量会计诚信,实证考察会计诚信对审计定价的影响及其作用路径。研究发现,会计诚信与审计定价显著负相关,审计工作量在会计诚信影响审计定价中发挥了显著的中介作用,进一步控制内生性问题和进行稳健性测试后,研究结果保持不变。研究表明,会计诚信可以通过降低审计工作量来降低审计定价,该结论不仅提供了会计诚信影响审计定价的经验证据,而且为深入理解会计诚信影响审计定价的内在机制提供了可靠解释。

Honesty is the foundation of socialist market economy,and honesty is also very important to busines. s This paper empirically studies whether the accounting integrity affects audit pricing and its paths using the data of A-stock listed companies in Shanghai and Shenzhen Stock Exchanges from 2008 to 2015.It is found that the higher the level of accounting integrity,the lower the audit pricing.Moreover,the audit workload plays a mediating role in the correlation between accounting integrity and audit pricing.Results of the study remained unchanged after controlling the endogeneity and robust tests.Our research indicates that accounting integrity can influence audit pricing through audit workload.Our research not only provides empirical evidence of the hypothesis that accounting integrity influences audit pricing,but also provides a reliable explanation for understanding the internal mechanism of such hypothesis.