摘要
逆向混改作为国家扩大国有资本投资渠道、打破民营企业发展瓶颈的重要举措,深刻影响着企业审计师选择的微观行为。以沪深A股非金融类上市公司2010—2020年的数据为样本,通过双重差分模型实证检验逆向混改对审计师选择的影响。研究发现:是否发生逆向混改显著负向影响企业审计师选择的行为;融资约束、人力资源、股权制衡、监督机制、内部控制质量在逆向混改与审计师选择之间存在部分中介效应。本研究丰富了中国情景下审计师选择的影响因素,为进一步推进逆向混改提供经验证据。
As an important national initiative to expand the investment channels of state-owned capital and break the bottleneck of private enterprise development,reversed mixed ownership reform profoundly affects the micro-behavior of corporate auditor selection.Using the data of A-share non-financial listed companies in Shanghai and Shenzhen stock markets from 2010 to 2020 as samples,this paper empirically examines the impact of reversed mixed ownership reform on auditor selection through difference-in-differences model.It is found that whether reversed mixed ownership reform is taken significantly and negatively affects the auditor selection of an enterprise;financing constraints,human resources,equity checks and balances,supervision mechanisms,and internal control quality have partial mediating effects between reversed mixed ownership reform and auditor selection.This study enriches the factors influencing auditor selection in the Chinese scenario and provides empirical evidence to further promote reversed mixed ownership reform.
作者
陈丽蓉
高菲阳
CHEN Li-rong;GAO Fei-yang(Business School,Southwest University of Political Science and Law,Chongqing 401120,China;Research Center for Auditing and Legal Institution,Southwest University of Political Science and Law,Chongqing 401120,China)
出处
《云南财经大学学报》
CSSCI
北大核心
2022年第11期85-99,共15页
Journal of Yunnan University of Finance and Economics
基金
国家自然科学基金项目“分析师估值模型研究”(71872154)
国家自然科学基金项目“政府财务信息披露、政府债务风险防范与审计监控机制研究”(71672119)
国家社会科学基金项目“党组织嵌入视阈下的国有企业非伦理行为及其治理机制研究”(19BGL059)
重庆市教委科学技术研究重点项目“资本市场开放与资本配置效率:基于‘陆港通’的理论与实证研究”(KJZD-K202000902)
重庆市教委人文社会科学研究重点项目“‘双循环’背景下资本市场开放促进上市公司高质量发展的机制、路径及效果研究”(21SKGH130)。
关键词
混合所有制改革
审计师选择
治理效应
资源效应
Mixed Ownership Reform
Auditor Selection
Governance Effect
Resource Effect
