摘要
以我国沪深A股2008—2019年上市公司为样本,研究企业诉讼风险对审计师选择的影响。研究发现:诉讼风险具有抑制选择高质量审计师效应;中介效应检验表明,企业诉讼风险主要通过提高代理成本、增加经营风险而降低选择高质量审计师的概率;异质性分析显示,良好的公司治理、内部控制以及外部信息环境能削弱诉讼风险对审计师选择的负向影响,而较好法治环境与新审计准则实施则强化了这一效应。研究结论丰富了企业诉讼风险经济后果与审计师选择影响因素文献,并为企业选择审计师及审计师应对客户诉讼风险提供借鉴。
Taking the listed companies of Shanghai and Shenzhen A shares in China from 2008 to 2019 as samples, this paper studies the influence of corporate litigation risk on auditor selection. The study shows that litigation risk has the effect of inhibiting the selection of high-quality auditors. The intermediary effect test indicates that the enterprise litigation risk can reduce the risk probability of choosing high-quality auditors mainly by increasing agency costs and operating risks. The heterogeneity analysis shows that good corporate governance, internal control and external information environment can weaken the negative impact of litigation risk on auditor selection, while a better legal environment and the implementation of new audit standards strengthen this effect. The study enriches the literature on the economic consequences of corporate litigation risks and the influencing factors of auditor selection, and provides a reference for enterprises to choose auditors and auditors to deal with client litigation risks.
作者
赵彦锋
ZHAO Yanfeng(School of E-commerce and Logistics Management,Henan University of Economics and Law,Zhengzhou 450046,China)
出处
《经济经纬》
CSSCI
北大核心
2021年第4期103-112,共10页
Economic Survey
基金
河南省科技厅软科学项目(212400410540)
河南省哲学社会科学规划项目(2020BJJ008)。
关键词
诉讼风险
审计师选择
经营风险
代理成本
法制环境
Litigation Risk
Auditor Selection
Operating Risk
Agency Cost
Legal Environment
作者简介
赵彦锋(1975-),男,河南南阳人,博士,副教授,主要从事企业并购重组、审计师选择等研究。
