摘要
社会信用体系建设是社会主义市场经济体制和社会治理体制的重要组成部分。由于审计师个人信用数据获取受限,鲜有大样本实证文献系统检验审计师个人声誉机制的效应。本文利用新《证券法》实施后要求公开披露审计师个人受到行政监管措施的独特制度背景,分析了审计师个人声誉受损的经济后果。研究发现,在公开披露之后,声誉受损的审计师的客户数量会明显减少,说明监管结果公开披露有助于审计师个人声誉机制新陈代谢。进一步研究发现,在公开披露之后,再融资需求较高的公司或财务信息透明低的公司会减少新聘声誉受损的审计师,但高风险的公司可能会主动选择声誉受损的审计师。
The construction of social credit system is an important part of socialist market economic system and social governance system.Due to the limited access to auditor credit data,few large sample empirical literature systematically study the effect of auditor reputation mechanism.With the unique institutional background of the new“Securities Law”requiring the public disclosure of auditors subject to administrative supervision measures for the first time,this paper analysis the economic consequences of auditors’reputation damage.The study found that after public disclosure,the number of clients of auditors with damaged reputation will decrease significantly,indicating that public disclosure of regulatory results is conducive to the metabolism of auditor’s personal reputation mechanism.Further research found that,after public disclosure,companies with the higher demand of refinancing or with lower transparency of financial information will reduce the demand of newly hired auditors with damaged reputation,but high-risk companies may recruit auditors with damaged reputation.
出处
《会计研究》
CSSCI
北大核心
2022年第10期144-156,共13页
Accounting Research
基金
国家自然科学基金面上项目(72272163,71772194,71773014,72273021)的资助
关键词
声誉毁损
行政监管措施
社会信用体系建设
审计需求
Reputation Damage
Administrative Supervision Measures
Construction of Social Credit System
Audit Demand
