摘要
本文选取2002—2012年我国A股上市公司作为样本,研究了审计收费对于公司股价崩盘风险的影响。研究发现:审计收费越高,股价崩盘风险越低;正的异常审计费用越高,股价崩盘风险越低,但没有证据表明负的异常审计费用对股价崩盘风险有显著影响。以上结果说明,较高的审计收费能够促使会计师事务所提高审计投入,进而提高审计质量,降低股价崩盘风险;注册计师在审计过程中存在质量控制底线,并不会因为审计费用过低而显著降低审计质量。本文的研究可以丰富我们对于审计收费与审计质量之间关系的认识,同时也可以丰富我们对于股价崩盘风险形成机制的认识。
This paper investigates the influence of audit fees to the risk of stock price crash by using the data of A- share listed companies in China for the period of 2002 -2012 as samples. The results state that audit fees is nega- tively associated with the risk of stock price crash ; abnormally high audit fees is negatively associated with the risk ; however, there is no evidence showing the significant influence of abnormally low audit fees to the risk. It indicates that higher audit fees can encourage accounting firms to increase the input for higher quality of audit and less risk of stock price crash; auditors will hold the baseline of quality control during the audit and they will not significantly reduce the quality of audit due to lower audit fees. The study will enrich the cognition of the relationship between audit fees and quality of audit as well as the forming mechanism of the risk of stock price crash.
出处
《审计研究》
CSSCI
北大核心
2015年第6期85-93,共9页
Auditing Research
关键词
审计收费
审计质量
股价崩盘风险
audit fees, audit quality, risk of stock price crash
