社会审计监管与资本市场风险防范研究——基于股价崩盘风险的视角  

CPA Auditing and Capital Market Risk Prevention----Based on the Perspective of Stock Price Crash Risk

作　　者：马可哪呐 唐凯桃[3] 郝莉莉[4] 

机构地区：[1]上海财经大学博士后流动站 [2]交通银行博士后科研工作站,上海200336 [3]西南财经大学会计学院,四川成都611130 [4]中南财经政法大学会计学院,湖北武汉430000

出　　处：《山西财经大学学报》2016年第8期25-34,共10页Journal of Shanxi University of Finance and Economics

基　　金：中国博士后基金项目(2016M591637);西南财经大学2015年度中央高校基本科研业务费资助项目(JBK1507088)

摘　　要：以股价崩盘风险为切入视角,使用2000-2014年中国A股上市公司的数据,分析了社会审计功能的发挥对微观个体股价崩盘风险和市场系统性风险的影响。研究发现,社会审计通过对会计信息的鉴证发挥了治理和监督作用,它不仅能在抑制微观个体股价崩盘风险中发挥作用,而且在市场系统性风险防范中也能起到风险抑制作用;社会审计通过促进微观主体改善治理、提高自身质量,确保了市场经济信息的真实性和可靠性,有效实现了减少整个市场的信息不对称和防范资本市场风险蔓延的监管目标。This paper will investigate the effect of CPA auditing on business entity-level risk and systemic risk in market-level from the perspective of stock price crash risk using the sample of A-share listed companies in China for the period 2000-2014. The results show that CPA auditing play a role of management and supervision through the verification of accounting information, it has an inhibition effect both on business entity-level stock price crash risk and systemic risk in market-leveL By promoting business entitylevel to improve management and their owns＇ quality, CPA auditing ensures the authenticity and reliability of market economy information, and implements the regulatory goals of reducing the information asymmetry of the entire market and preventing the spread of capital market risk effectively.

关 键 词：社会审计 股价崩盘风险 资本市场监管 

分 类 号：F239[经济管理—会计学]