审计质量对影子银行业务风险的影响研究--基于中国商业银行数据的实证研究

The Impact Mechanism of Audit Quality on Shadow Banking Risk--Empirical Evidence from Chinese Commercial Banks

以中国68家非上市银行和16家上市银行2007-2017年的数据为样本,检验注册会计师审计在抑制商业银行从事影子银行业务风险中发挥的重要作用,并探究高质量的审计对商业银行从事影子银行业务风险的具体影响。研究表明:国际四大会计师事务所的审计质量更高,更能有效抑制银行从事影子银行业务的风险;股权集中度较高和处于法律保护水平较低地区的银行从事影子银行业务的风险更大,高质量的审计对其风险的抑制效果更强。

Taking a sample of 16 listed banks and 68 non-listed banks from 2007 to 2017,we tested the important role of CPA audits in suppressing the risks of commercial banks engaging in shadow banking business,and explored the concrete impact of high-quality audits on the risk that commercial banks engaging in shadow banking business.The research shows that the audit quality of the international"Big Four"is higher than the"non-Big Four"audits,and it can effectively inhibit the risks that banks engaging in shadow banking business.Secondly,compared with banks with lower equity concentration and higher level of legal protection,banks of higher stock equity concentration and lower legal protection level have a greater risk of engaging in shadow banking business,and high-quality audits will prevent them from engaging in shadow banking.The risk suppression effect is stronger.