CFO审计背景、产权性质与信息披露质量

On CFO Audit Background,Nature of Property Rights and Quality of Information Disclosure

以2012—2020年深交所A股上市公司为样本,基于产权异质性视角,实证检验CFO审计背景对信息披露质量的影响,发现CFO审计背景对信息披露质量具有显著的正向影响,且上述影响在非国有控股公司中更加显著;激励机制在CFO审计背景与信息披露质量的关系中具有负向调节效应,该效应同样在非国有控股公司中更加显著。进一步研究审计背景CFO曾任职的会计师事务所规模对信息披露质量的影响,发现曾任职十大会计师事务所的CFO能显著提升信息披露质量。研究为上市公司选聘和培养CFO,进而提高上市公司信息披露质量提供参考。

Taking the 2012—2020 Shenzhen Stock Exchange A-share listed companies as a sample,and based on the perspective of property rights heterogeneity,this paper empirically tests the impact of CFO audit background on the quality of information disclosure,and finds that CFO audit background has a significant positive impact on the quality of information disclosure,and the above-mentioned effect is more significant in non-state-owned holding companies.Besides,incentives mechanism has a negative moderating effect on the relationship between CFO audit background and quality of information disclosure,and this effect is also more significant in non-state-owned holdingcompanies.Further study of the impact on the size of the accounting firm where the audit background CFO has worked on the quality of information disclosure,shows that the CFO that once worked for the top ten accounting firms can significantly improve the quality of information disclosure.The research conclusions provide a reference for the selection and cultivation of CFO for listed companies,thereby improving the quality of information disclosure of the listed companies.