连锁股东交叉持股、社会责任履行与上市公司审计质量

Chain Shareholders Cross-hold Shares, Performance ofSocial Responsibility and Audit Quality of Listed Company

连锁股东交叉持股在企业间建立起了股东关系网络,这种企业间的关系网络对企业审计质量的影响值得研究。以我国2010—2020年上市公司为样本,研究股东关系网络对审计质量的影响,并探究社会责任在其中的中介作用。实证研究发现:股东关系网络和审计质量之间存在显著的正相关关系;企业股东关系网络会通过影响社会责任履行,进而影响审计质量;进一步分析发现:企业社会责任披露意愿和披露方式的差异都会影响股东关系网络和审计质量之间的关系。相关结论丰富了审计质量影响因素的研究,拓展了公司治理研究的视野。

When the shareholders of an enterprise are also the shareholders of other enterprises,the cross-shareholding of chain shareholders establishes the shareholder relationship network between enterprises.The influence of the relationship network on the audit quality of enterprises is worth studying.This paper takes Chinese listed companies from 2010 to 2020 as a sample to study the impact of shareholder relationship network on audit quality,and explores the intermediary role of social responsibility in it.The empirical research shows a significant positive relationship between shareholder relationship network and audit quality;the enterprise shareholder relationship network affects the audit quality by affecting social responsibility;further analysis shows that the differences in disclosure willingness and method of CSR will affect the relationship between shareholder relationship network and audit quality.This paper enriches the research of the influencing factors of audit quality and expands the vision of corporate governance research.