摘要
本文考察年报语调管理对审计师披露应对的影响。研究发现,客户年报语调越积极,审计师在关键审计事项披露中采用更多负面词汇,从而导致关键审计事项的披露语调更消极。在稳健性与内生性处理后,上述语调反转现象依然显著。进一步分析中,横截面测试表明在年报语调管理动机越强、审计师披露压力越大时,关键审计事项语调反转更为激烈;经济后果研究则发现,审计师对年报语调管理的披露应对降低了语调管理公司的股价崩盘风险。本文拓展了关键审计事项披露语调的研究,表明关键审计事项披露中蕴藏着丰富的信息含量。
This paper examines the impact of tone management of annual reports on auditors’disclosure response.The result shows that the more positive the client’s tone of annual report,more negative auditor’s vocabulary will be in the key audit matters disclosure,which leads to more negative disclosure tone of key audit matters.After robustness and endogeneity treatments,the above-mentioned phenomenon of tone reversion is still significant.Further research shows that when the company’s motivation of tone management of annual report is stronger and auditors’pressure of disclosure is greater,and the tone of key audit matters is reversed more intensely.Economic consequence studies have found that auditors’disclosure response to tone management of annual report reduced the stock price crash risk of the company with tone management.This paper expands the research on the tone of key audit matters disclosure,showing that the personalized and diversified key audit matter disclosure contains much information.
出处
《审计研究》
CSSCI
北大核心
2022年第5期85-94,117,共11页
Auditing Research
基金
国家社科基金重点项目(项目批准号:18AJY014)
国家社科基金青年项目(项目批准号:21CGL015)
浙江省自然基金青年项目(项目批准号:LQ20G020005)的资助
关键词
年报语调管理
关键审计事项
披露应对
tone management of annual report
key audit matters
disclosure response
作者简介
蔡闫东,南京审计大学政府审计学院,邮政编码:211815,电子信箱:caiyandong1987@163.com;通讯作者:汪顺,安徽大学商学院,邮政编码:230601,电子信箱:jnu_wangshun@qq.com;陈一玲,江西财经大学会计学院,邮政编码:330000,电子信箱:757842009@qq.com;李元祯,浙江工商大学工商管理学院,邮政编码:310018,电子信箱:liyuanzhen1644@163.com。
