环境信息披露如何影响审计费用——基于会计稳健性调节的中介效应模型

How Does Environmental Information Disclosure Affect Audit Fees?——Intermediary Effect Model Based on Accounting Robustness Regulation

在“双碳”目标背景下,探明环境信息披露质量及其经济后果成为重要议题。文章基于2009—2020年中国沪深A股重污染行业上市公司数据,使用有调节的中介效应模型,实证检验上市公司环境信息披露、融资约束与审计费用之间的关系。研究表明:我国重污染上市企业环境信息披露越多,审计费用显著降低,融资约束在环境信息披露与审计费用的关系中起中介作用;企业会计稳健性在环境信息披露和融资约束中起显著正向调节作用。文章从环境信息披露视角探究非财务指标对审计费用的影响,丰富了现有的信息不对称理论研究成果,对重污染行业加快绿色发展有一定的现实意义。

Under the background of“double carbon”goal,it has become an important issue to find out the quality of environmental information disclosure and its economic consequences.Based on the data of listed compa-nies in heavily polluting A-share industries in China from 2009 to 2020,this paper empirically tests the relation-ship between environmental information disclosure,financing constraints and audit fees of listed companies by us-ing a regulated intermediary effect model.The research shows that:The more environmental information is dis-closed,the lower the audit fees is,and financing constraints play an intermediary role in the relationship between environmental information disclosure and audit fees;enterprise accounting robustness plays a significantly positive regulatory role in environmental information disclosure and financing constraints.This paper explores the influence of non-financial indicators on audit fees from the perspective of environmental information disclosure,which enrich-es the existing theoretical research results of information asymmetry and has some practical significance for acceler-ating the green development of heavily polluting industries.