摘要
以2014—2020年A股上市公司为样本,结合手工整理的PPP项目数据,实证考察上市公司参与PPP项目对审计收费的影响。研究结果显示,较之于未参与的公司,参与PPP项目的公司在其参与后审计费用显著增加,且参与PPP项目数量越多、金额越大,审计费用增加越多。区分PPP项目所处行业和地域分布发现,在PPP项目所在地与公司注册地不一致、PPP项目所处行业与公司自身行业不一致时,上述效应表现得更为明显。进一步区分PPP项目回报机制,研究结果显示,参与使用者付费和可行性缺口补助型PPP项目对审计费用的影响更为明显,而参与政府付费型PPP项目对审计费用的增加并不明显。此外,PPP项目的参与会增加审计师的工作投入,同时相关公司也更可能收到非标准审计意见。这些结论表明,上市公司参与PPP项目对审计师行为决策产生了重要影响。
Using A-share listed companies from 2014 to 2020 as samples, combined with the manually collected PPP project data, this paper empirically investigates the impact of listed companies’ participation in PPP projects on audit fees. The results show that compared with the non-participating companies, the audit fees of the companies participating in the PPP project increase significantly, and the deeper the participation(the more the number of PPP projects and the greater the capital contribution), the more the audit fees increase. By distinguishing the industry and geographical distribution of PPP projects, it is found that the above effects are more obvious when the location of PPP projects is inconsistent with the place of registration of the company and the industry of PPP projects is inconsistent with the company’s own industry. From the perspective of the PPP project return mechanism, user-paid and feasibility gap subsidy PPP projects have a more obvious impact on audit fees, and participation in government-paid PPP projects does not significantly increase audit fees. In addition, the participation of PPP projects will increase the auditor’s work input, and related companies are more likely to receive unqualified audit opinions. The above findings suggest that the participation of listed companies in PPP projects has a significant impact on auditor behavior decisions.
作者
黄昊
段康
蔡春
HUANG Hao;DUAN Kang;CAI Chun(School of Public Finance and Taxation,Southwestern University of Finance and Economics,Chengdu 611130,China;School of Accounting,Southwestern University of Finance and Economics,Chengdu 611130,China;Center for China’s Government Auditing Research,Southwestern University of Finance and Economics,Chengdu 611130,China)
出处
《南京审计大学学报》
CSSCI
北大核心
2023年第1期18-28,共11页
Journal of Nanjing Audit University
基金
国家自然科学基金项目(72102192)
国家社会科学基金重大项目(13&ZD146)。
