惩戒风险、事务所规模与审计质量来自中国审计市场的经验证据.docVIP

审计研究 2015,01,75-83 惩戒风险、事务所规模与审计质量 来自中国审计市场的经验证据 吴昊旻杨兴全 石河子大学经济与管理学院/公司治理与管理创新研 宄中心 导出/ 关注 分亨 收藏打印 法律诉讼与行政处罚带来的惩戒风险的高低显著影响事务所“规模一质量”关 联及其政策效果。本文基于2003^2010年沪深A股非金融上市公司样本，从惩戒 风险压力的视角，对事务所“规模一质量”关联予以理论透视和实证分析。研宄 表明：事务所规模与其审计质量正相关的一般结论获得了支持，法制环境的提升 有助于强化高质量审计供给;第一大股东持股比重与审计质量正相关，但企业层 面代理冲突对于事务所“规模一质量”正向关联的促动效应尚不明确，集中的股 权/控制权结构下我国上市公司对于（大所）高质量审计的引入动机依然审慎;整 体看惩戒风险尚未凸显其对于事务所“规模一质量”正向关联以及在促进代理 冲突严重的公司有动机引入大所高质量审计的积极强化效应。 关键词： 惩戒风险;审计质量;事务所规模;扩张战略; 吴昊旻、电子信箱:whm_1977@ 126. com。 基金：教育部人文社科研究项B （项目批准号：10YJC790279） Disciplinary Risk，Auditor Size and Audit Quality Evidence from China audit market Wu Haomin Wu Chunxian Yang Xingquan Abstract： The level of disciplinary risk significantly affect audit firm ’s “Size-Quality” relationships and its policy effects. Based on the sample of Chinas A-share non-financial listed companies data from 2003 to 2010,and the macro or micro perspective of disciplinary risks and its environmental pressures, this paper further investigates from theoretical perspective and empirical test the audit firms ’ “Scale-Quality ’’ relationships. The paper finds: audit firms’ size and audit quality is positively related, the improvement of the legal environment help to strengthen the supply of high quality audit. The shareholding proportion of the largest shareholder positively related to the audit quality，but the positive actuation effect of the enterprise level’s conflicts on the audit firms’ “Scale-Quality” effects is still unclear，the introduction to the high quality audit of our listed companies under the concentrated ownership or control structure still remains cautious. On the whole, the positive reinforcement effect of the legal risk on the audit firms “Size-Qued i ty’’ relationships and the incentive to hire the large audit firms’ high-quality audit for the listed company with serious agency conflicts are not still appear. The paper provides a useful inspiration and strategic reflection for the audit firms expansion strategy driven by our governmen