独立董事背景特征与审计质量的实证研究
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国家社科基金项目(19AGL033);江苏省社会科学基金项目(17GLB018);江苏高校哲学社会科学基金(2018SJZDA06)


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    摘要:

    独立董事作为公司治理的核心要素,其背景特征和嵌入的网络关系影响独立董事职责履行及其监督效应,进而影响审计质量。选取2005—2015年深沪两市公司为研究样本,探讨了独立董事背景特征对审计质量的影响。验证结果发现:任期与审计质量呈倒“U”型关系,任职伊始,独立董事学习和独立性的边际效应呈递增趋势,较强的监督力度提高了审计质量;随着任期延长,独立董事与公司内部人的熟悉度增强并趋于饱和,监督边际效应呈递减趋势,审计质量反而下降。政治背景复杂的独立董事难以保持较高独立性,兼任公司信息披露透明度低,公司审计质量下降。独立董事受教育程度高,兼任董事身份多,拥有海外学习或工作生活经历及行业协会背景阅历时,有利于独立董事保持较高的独立性,拓宽信息获取渠道,增强了对公司的监督管理,促进信息公开透明,进而提高了审计质量。

    Abstract:

    As the core element of corporate governance, the independent director’s background characteristics and embedded network relationship affect their performance of responsibilities and effects of supervision, which in turn influences the audit quality. Based on that, this paper selects listed companies from 2005 to 2015 in Shenzhen and Shanghai stock market as research samples, discussing the influence of independent directors’ background characteristics on the audit quality. The results show that: the independent directors’ tenure and audit quality is inverted “U” type relationship. At the beginning, the marginal effect of independent directors’ independence has an increasing trend, and the independent directors’ strong supervision improves the audit quality; With the extension of the independent directors’ tenure and the strong familiarity of the company’s insiders, the audit quality will decline instead. Independent directors with political connections are difficult to maintain a higher independence, resulting in low transparency of information disclosure and a decline in the quality of audit. The higher degree of education, the more part-time companies,the overseas study or working experience and the background experience of their ?Industry Association are beneficial for the high independence of independent directors and widen the access to information, strengthen the supervision of corporate governance, enhance the transparency of information, and improve the audit quality.

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高凤莲,董必荣,王 杰,凌 华.独立董事背景特征与审计质量的实证研究[J].审计与经济研究test,2020,35(2):

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  • 在线发布日期: 2020-05-21
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