社会审计质量、国家审计监督与国企资产保值增值

CPA Audit Quality, Government Audit Supervision and State-owned Enterprise Asset Preservation and Appreciation

在委托代理理论和协同理论框架下,选取2007—2017年中国A股国有上市公司为研究样本,实证检验社会审计质量对国企资产保值增值的影响以及社会审计与国家审计影响国企资产保值增值的替代效应。研究发现:高质量的社会审计有利于促进国企资产保值增值;社会审计与国家审计在促进国企资产保值增值中发挥了替代效应,而且这种替代效应主要体现在高质量的社会审计可以有效缓解国家审计扩大监督范围广度、提高目标实现深度与加强“监”的力度等方面的压力,但不会影响国家审计“督”的力度。研究结论对于国家审计机关合理利用社会审计资源、构建协同高效的审计监督体系、实现国企审计全覆盖、促进国企资产保值增值具有启示意义。

In the framework of principal-agent theory and collaborative theory,this paper takes China s A-share state-owned listed companies from 2007 to 2017 as research samples to empirically test the influence of CPA audit quality on the preservation and appreciation of state-owned assets and the substitution effect of CPA audit and government audit on the preservation and appreciation of state-owned assets.The research finds that high-quality CPA audit is conducive to promoting the preservation and appreciation of state-owned enterprise assets,CPA audit and government audit have a substitutive effect in promoting the preservation and appreciation of state-owned enterprise assets.Research on further building the government audit BDS analysis framework have found that this substitution effect is mainly reflected in the fact that high-quality CPA audits can effectively alleviate the pressure of government audits in expanding the breadth of the scope of state-owned enterprise supervision,improving the depth of government audit objectives,and strengthening the“supervision”of government audits,But it will not affect the strength of the government audit“supervision”.The research conclusion is of enlightening significance for government audit institutions to make rational use of social audit resources,build a coordinated and efficient audit supervision system,realize the full coverage of audit of state-owned enterprises,and promote the maintenance and appreciation of assets of state-owned enterprises.