摘要
本文以全面执行新审计准则后A股非金融类上市公司为样本,实证检验了关键审计事项披露对股价崩盘风险的影响。研究表明:关键审计事项的披露与公司未来的股价崩盘风险负相关,关键审计事项披露得越详细,公司未来的股价崩盘风险越低;两者的负相关关系在"十大"审计的公司、公司治理结构和信息环境较差的样本中表现得更加明显。本文的研究为新审计准则的实施效果提供了经验证据,并且提供了外部审计与公司治理和信息环境之间关系的进一步证据。
Using A-share non-financial listed companies from 2017 to 2018,this paper examines the impact of key audit matters disclosure on stock price crash risk.We find that the disclosure of key audit matters is negatively correlated with the company’s future stock price crash risk.The more detailed key audit matters are disclosed,the less likely the company’s future stock price crash.Moreover,the negative correlation is stronger in the“top ten”audited companies,in companies with poor corporate governance and information environment.This paper provides empirical evidence for the implementation effect of the new auditing standard,and provides further evidence for the relationship between external auditing and companies’corporate governance and information environment.
作者
贾琬娇
施海娜
吴宇心
张新
Wanjiao Jia;Haina Shi;Yuxin Wu;Xin Zhang
出处
《会计与控制评论》
2021年第1期1-28,共28页
Review of Accounting and Control
基金
国家自然科学基金项目“招股说明书描述性信息披露研究”(71972045)
上海市哲学社会科学规划青年课题“科创板制度创新的思路及经济后果研究”(2019EJB004)
关键词
关键审计事项
股价崩盘风险
新审计准则
Key Audit Matters
Stock Price Crash Risk
New Auditing Standard
