关系型交易、制度环境与外部审计需求——基于中国制造业上市公司的经验证据  

Relationship-Based Transaction, Institutional Environment and Demand for External Auditing:Based on the Empirical Evidences of China' s Manufacturing Listed Companies

作　　者：林钟高[1] 郑军[1] 彭琳[1] 徐德信[1] 

机构地区：[1]安徽工业大学商学院,安徽马鞍山243002

出　　处：《当代财经》2015年第4期107-118,共12页Contemporary Finance and Economics

基　　金：国家自然科学基金项目(71402001;71272220);国家社会科学基金项目(13BGL049;14BJY015);安徽省高校优秀青年人才基金重点项目(2013SQRW021ZD);安徽省高校人文社会科学重点研究基地招标课题(SK2014A033)

摘　　要：从关系契约与制度环境的互动视角,考察关系型交易和制度环境及其交互作用对企业外部审计需求和企业价值的影响。研究发现,更依赖关系型交易的企业更"偏好"聘请本地小所进行审计,而且审计费用更低,但随着制度环境的改善,这种"偏好"会显著减弱;进一步控制内生性问题后,研究结论依然成立。文章进一步丰富了以关系型交易为主要特征的转型经济社会中的外部审计需求和审计收费的文献,也为理解外部审计的公司治理效应及传导机制提供了增量信息。From the perspective of the interaction between relationship contracts and institutional environment, this paper investigates the impact of the relationship-based transactions, the institutional environment and their interaction on the corporate demands for external auditing and corporate values.The results show that the enterprises depending more on relationship-based transactions would prefer to hire the small local audit firms for their auditing work, and the auditing fee is much lower; along with the improvement of the institutional environment, this kind of preference will be weakened.When we further control the endogenous issues, the conclusion of this study still remains to be true.This paper has further enriched the literatures on the demands for external auditing and auditing charges in the society of transition economy with relationship-based transactions as the major characteristics, it also contributes increment information to the understanding of the corporate governance effect and the transmission mechanism from external auditing.

关 键 词：关系型交易 制度环境 本地小所 审计收费 

分 类 号：F239.43[经济管理—会计学]