企业跨区域发展与审计师选择

Corporate Cross-regional Development and Auditor Choice

本文研究了企业跨区域发展过程中的审计师选择问题。研究结果表明,实施跨区域发展战略的企业,更愿意聘请目标市场审计师以获得更多与目标市场相关的信息;这种现象在环境不确定性更高、规模更小、非国有以及子公司业务更重要的上市公司中更明显;同时,跨区域发展企业选择目标市场审计师的情况在“十大”会计师事务所与非“十大”会计师事务所以及会计师事务所总所与会计师事务所分所之间均存在且没有显著差异;进一步分析发现,目标市场审计师有助于提高上市公司目标市场子公司的经营业绩。本文关注审计师的地区信息优势及其对企业跨区域战略实施的影响,同时从客户公司信息需求的角度丰富了审计师选择方面的研究。

This paper studies the relationship between corporate cross-regional development and auditor choice.Our results show that companies are more likely to hire target market auditors to obtain more information when implementing cross-regional development strategy.The positive relationship between corporate cross-regional development and target market auditors is more pronounced in firms with higher environmental uncertainty,smaller size,non-state-owned,and more important business in subsidiaries.We also find that companies with cross-regional development strategy are more likely to hire target market auditors regardless of whether the auditors are top ten accounting firms or non-top ten accounting firms,or whether the head office or branch office of accounting firms.Further evidence shows that the target market auditor improves the operating performance of the target market subsidiaries.This paper pays attention to the auditor’s regional information advantage and its impact on the implementation of enterprise cross-regional strategy,and enriches the literature on auditor choice from the perspective of client’s information need.