摘要
本文以沪深A股上市公司为样本,通过双边随机边界模型度量审计师与客户的议价能力,分析双方议价能力对审计定价的影响。研究发现,审计师和客户各自议价能力的双边作用导致审计定价平均高于基准价格5.46%,但约有1/4的客户的议价能力超过审计师并获得至少低于基础价格5.39%的审计定价。按照客户特征、审计师特征和业务特征分组研究发现,客户股权性质、客户规模、审计师品牌能够显著影响双方议价能力及其对审计定价的效应。针对两种审计模式的进一步分析发现,2007年新审计准则的实施是影响双方议价能力和审计定价效率的重要分界点。
Based on the data of A-share listed companies in Shanghai and Shenzhen,it builds up a two-tier stochastic frontier model for measuring the bargaining power of the auditor and client and studies their impact on audit pricing.The results show that the audit fee is 5.46%higher than the standard one on average because of the bargaining power of both sides,and the audit fee is at least 5.39%lower than the standard one for a quarter of the client whose bargaining power is stronger than the auditor.The group study based on the attributes of client,auditor and engagement finds that the ownership property of client,the size of client and the brand of auditor can significantly influence both sides’bargaining power and their effect on audit pricing.Further comparative analysis about two different audit modes finds that 2007 when the new auditing standards implement is an important demarcation point which influences both sides’bargaining power and their effect on audit pricing of different groups.
作者
方红星
刘天纳
FANG Hongxing;LIU Tianna(School of Accounting of Dongbei University of Finance and Economics,Dalian 116025,China;China Internal Control Research Center of Dongbei University of Finance and Economics,Dalian 116025,China)
出处
《产业组织评论》
2019年第3期196-216,共21页
Industrial Organization Review
基金
教育部人文社会科学重点研究基地重大项目“中国专业中介市场的结构—行为—绩效问题与规制政策研究:以注册会计师行业为例”(2009JJD790005).
关键词
审计定价
议价能力
双边随机边界模型
audit pricing
bargaining power
two-tier stochastic frontier model
