高管财务背景与审计师选择
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澳门科技大学基金会FRG项目(FRG21028MSB)


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    摘要:

    利用2008—2019年中国A股上市公司数据,研究了高管财务背景与国际四大会计师事务所选择之间的关系。结果表明:财务背景高管比率越高的企业越偏向选择国际四大。选择国际四大意味着更高的审计费用和更好的会计信息质量,而财务背景能够抑制该溢价效应,同时强化提升会计信息质量的效果。进一步研究发现,财务背景高管对国际四大的偏爱在第一类代理问题严重的企业更为显著,第二类代理问题与高管风险规避并未起到显著调节作用;而与国际四大一样能提供高质量审计的国内大型事务所却没有得到财务背景高管的青睐。

    Abstract:

    Using data from Chinese A share listed companies from 2008 to 2019, this paper investigates the relationship between corporate executives with financial background and choice of international “Big Four” accounting firms. Results indicate that firms with higher ratio of executives with financial background are more likely to choose international “Big Four” accounting firms as their auditors. In addition, the choice of international “Big Four” implies higher auditing fees, but contributes to better accounting information quality. Moreover, corporate executives with financial background can mitigate the “premium effects” and meanwhile strengthen positive effects on accounting information quality. Further analysis suggests that the previous positive correlation between international “Big Four” and financial background is more pronounced among firms with severe type I agency problem; neither type II agency problem nor risk avoidance exerts significant moderating effects; In contrast to international “Big Four”, large domestic accounting firms, who are also capable of providing high quality auditing services, are less likely to be selected by corporate executives with financial background.

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张天宇,邓雅双.高管财务背景与审计师选择[J].南京审计大学学报,2022,(2):

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  • 在线发布日期: 2022-04-01
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