市场竞争地位、行业竞争与内控审计师选择——基于民营上市公司的经验证据

Market Competition Position,Industry Competition,and Choice of Internal Control Auditors——Evidence from Chinese listed private companies

民营上市公司面临严峻的市场环境,产品市场竞争深刻影响其内控审计师选择行为。本文以2010~2013年我国民营上市公司为样本,对公司层面和行业层面产品市场竞争与内控审计师选择的关系进行了经验研究。结果表明:企业产品市场竞争地位越高,越倾向于聘请高质量内控审计师;企业所处行业竞争强度越低,越倾向于聘请内控审计师,但与聘请高质量内控审计师之间无相关关系。这说明现阶段产品市场竞争负向影响民营上市公司内控审计师选择,其选择内控审计师主要出于应对同行压力的动机。这一结论为建立健全我国民营企业内部控制规范体系提供有益的微观证据和政策参考。

China＇ s listed private companies are faced with severe market environment, and product market competition （PMC） profoundly affects the choice of Internal Control Auditors （ICAs）. Based on the evidence of China＇ s listed private companies from 2010 to 2013, we systematically analyses the relationship between firm and industry level of PMC and choice of ICA. The results show that ： There is positive relationship between market competition position and high quality ICA. There is negative relationship between industry competition and ICA,while it is uncorrelated with high quality ICA. PMC adversely affects China＇ s listed private companies＇ choice of ICA, and their choice are out of peer pressure motivation. The results provide microscopic evidence and policy reference for building and improving internal control standard system of China＇ s listed private companies.