摘要
商誉减值释放重大不利信号,公司主动计提减值的动机较弱,可能更多来自外部审计压力。审计个体行为受到审计市场结构影响,本文研究审计市场结构与客户商誉减值的关系。市场集中形成市场势力,整体上不利于对减值规避的监督,检验发现审计市场集中度与客户商誉减值负相关。该效应在非十大事务所显著强于前十大,小所由于定价劣势与技术劣势成为市场效率损失的主要挤压对象。此外,本土大所打破国际四大垄断后,审计市场结构的变化没有提升市场效率,进入前四的本土大所加剧了市场集中度与商誉减值的负相关。本文在审计市场的角度提出了影响公司商誉减值的外部因素,也为审计市场结构对其中个体的差异化影响提出新的分析思路。
The companies are less motivated to record a goodwill impairment,which conveys significant unfavorable signal.The recording of impairment may be more due to pressure from the auditors.Auditing behavior is shaped by the audit market structure.This study examines the relation between the audit market structure and the clients’goodwill impairment.The empirical results show that the audit market concentration is negatively related to the goodwill impairment.This negative relation is more significant among the non-Big10 auditors than the Big10 auditors.In addition,after local Chinese audit firms broke the international Big4 monopolies,changes in the audit market structure do not improve the efficiency of the audit market.Local firms that entered the front end of the market aggravate the negative relation between market concentration and the goodwill impairment.This study finds the external factors that affect the company’s goodwill impairment from the angle of audit market.We also propose a new perspective to analyze the differentiated influence of the audit market structure on different auditors.
作者
赵宜一
赵嘉程
Zhao Yiyi;Zhao Jiacheng
出处
《会计研究》
CSSCI
北大核心
2021年第12期162-174,共13页
Accounting Research
基金
国家自然科学基金项目(71802050、71790604)
对外经济贸易大学中央高校基本科研业务费专项资金(17QD06、TS4-08)资助
