上市公司海外投资程度、审计公费与审计意见

Level of Overseas Investment,Audit Fee and Audit Opinions of Listed Companies

本文以2007—2015年我国沪深A股上市公司为样本,实证检验了海外投资程度、审计收费与审计意见之间的关系。研究发现,公司海外投资规模扩大提高了被出具非标准审计意见的概率;进一步地,加入审计收费的调节作用,发现高审计收费下会对审计意见产生调节影响。上述研究发现一方面扩展了企业海外投资与审计质量关系体系,另一方面对政府完善监督机制来应对高海外投资企业的风险具有借鉴意义。

With A-share listed companies in Shanghai and Shenzhen stock markets from 2007 to 2015 as research sample, this article empirically verifies the relations between level of overseas investments, audit fee and audit opinions. It finds that expansion of the overseas investments increases the probability of receiving non-standard audit opinions; further, when the moderating effects of audit fee are taken into account, it finds that high audit fee will generate moderating effects on audit opinions. On the one hand, it reveals the relationship between overseas investments and audit quality; on the other hand, it reminds the audit regulators to pay attention to audit risks associated with companies with high levels of overseas investments.