真实盈余管理对审计费用的影响——来自中国A股上市公司的数据

Study on The Effect of Real Earnings Management on Audit Fees——Data From A-share Listed Companies in China

萨班斯法案(SOX)颁布后,上市公司逐渐放弃应计盈余管理方式,进而选择规避性更强的真实盈余管理行为。在我国资本市场,上市公司真实盈余管理行为是否会对审计收费产生影响?选取深沪A股上市公司2013年和2014年的数据,研究我国上市公司真实盈余管理对审计费用的影响,并在此基础上进一步对比研究国际"四大"和非国际"四大"会计师事务所的审计收费水平受到上市公司真实盈余管理具体影响程度的区别。实证结果表明:在控制其他影响因素的情况下,上市公司真实盈余管理显著影响审计费用且为正向影响;国际"四大"会计师事务所的审计收费比非国际"四大"会计师事务所受真实盈余管理影响的程度更大、更显著,"四大"对真实盈余管理的反应更敏感。研究成果丰富了真实盈余管理对审计费用影响的理论。

After the introduction of SOX,the listed companies gradually abandon accrual earnings management method,and choose the real earnings management method which is more evasive. In China＇s capital market,will the real earning management of listed companies have an impact on audit fees？ Based on the data of Shenzhen and Shanghai A-share listed companies in 2013 and 2014,a study is conducted to analyze the impact of real earning management of listed companies on audit fees and compare the differences of impacts of audit fees of the international ＂big four＂on real earnings management and that of ＂non-big four＂. The empirical result indicates that the real earnings management of listed companies has a significantly positive impact on audit fees on the condition that other factor are under control. The impact in ＂big four＂is greater and more significant than that in＂non-big four＂,and＂big four＂is more responsive to real earnings management. This result enriches the theory of impact of real earnings management on audit fees.