摘要
本文以20092015年中国沪深A股上市公司为样本,实证研究事务所转制对审计收费风险溢价的影响,寻找我国转型经济背景下检验审计保险价值的经验证据。研究发现,事务所转制提高了公司的审计收费风险溢价,但具有时滞效应。进一步地,在法制环境建设水平较高地区,事务所转制后公司的审计收费风险溢价显著增加,而在法制环境建设水平较低地区,事务所转制对审计收费风险溢价没有显著影响。本文对考察中国会计师事务所转制的政策效果具有借鉴意义。
Based on a sample of listed companies in Shanghai and Shenzhen Stock Exchange from 2009 to 2015,this paper analyzes the relationship between auditors' organizational transformation and the value of audit insurance,and then tests the effect of auditors' organizational transformation on the risk premium of audit fees. We find that auditors' organizational transformation improves the risk premium of audit fees with a lag effect. We also find that in regions with a better legal environment,auditors' organizational transformation has a positive effect on the risk premium of audit fees. However,in regions with a poor legal environment,auditors' organizational transformation has no significant impact on the risk premium of audit fees. This paper provides new evidence for the effect of auditors' organizational transformation in China.
出处
《财经论丛》
CSSCI
北大核心
2017年第9期65-73,共9页
Collected Essays on Finance and Economics
基金
国家自然科学基金资助项目(71272189)
关键词
事务所转制
法制环境
审计保险价值
审计收费风险溢价
Auditors' organizational Transformation
Legal Environment
Value of Audit Insurance
Risk Premium of Audit Fees