“逆向混改”影响审计师风险感知吗——基于异常审计费用视角的经验证据

Does the"Reverse Mixed Reform"Affect Auditors'Risk Perception:Empirical Evidence Based on the Perspective of Abnormal Audit Fees

“逆向混改”是促进民营企业健康发展的重要举措,其带来的资源效应与治理效应会影响审计师风险感知。本文以2013—2020年A股民营上市公司为样本,基于异常审计费用视角,从股权结构和高层治理两个维度实证检验了“逆向混改”对审计师风险感知的影响。结果显示:“逆向混改”程度越深,审计师感知的风险越小,异常审计费用越低;企业经营风险和代理成本降低在其中发挥了中介作用;异常审计费用的降低主要体现在负向异常审计费用的增加上;小规模会计师事务所对“逆向混改”带来的风险变化更敏感。以上结果表明,“逆向混改”有助于降低民营企业财务信息风险,促使议价能力弱的审计师进一步减少了本就偏低的审计费用。本研究基于审计师风险感知视角探讨了“逆向混改”的经济后果,为促进国有资本和非国有资本协同发展,进而实现“国民共进”提供了经验证据。

"Reverse Mixed Reform"is an important measure to promote the healthy development of private enterprises,and the resource and governance effects it brings will affect auditors'risk perception.Taking A-share private listed enterprises from 2013 to 2020 as a sample,this paper empirically tests the impact of the"Reverse Mixed Reform"of private enterprises on auditors'risk perception from the two dimensions of ownership structure and high-level governance based on the perspective of abnormal audit fees.The results show that the deeper the"Reverse Mixed Reform"of private enterprises,the less risks perceived by auditors,and the significant reduction of abnormal audit fees,and the reduction of business risks and agency costs plays a mediating role in this process.Further research found that and the decrease of abnormal audit fees is mainly reflected in the increase of negative abnormal audit fees,and small accounting firms are more sensitive to the risk changes brought by the"Reverse Mixed Reform"of private enterprises.The above results show that"Reverse Mixed Reform"helps to reduce the financial information risks of private enterprises,causing auditors with weak bargaining power to further reduce their initial low audit fees.Based on the perspective of auditor risk perception,this study discusses the economic consequences of"Reverse Mixed Reform",which provides empirical evidence for promoting the coordinated development of state-owned capital and non-state-owned capital,and then realizing"national progress".