控制性投资对审计意见的影响——基于沪深A股上市公司样本的分析  

Impact of controlling investment on audit opinion——Case study of A-share listed companies in Shanghai and Shenzhen

作　　者：王晓军[1] 杨媛元 WANG Xiao-jun;YANG Yuan-yuan(School of Economics and Management,Yan’an University,Yan’an 716000,Shanxi,China)

机构地区：[1]延安大学经济与管理学院,陕西延安716000

出　　处：《天津商业大学学报》2021年第1期27-33,共7页Journal of Tianjin University of Commerce

基　　金：延安市社会科学专项基金项目“基于培育和推进企业上市的延安经济转型升级发展研究”(19BJJ19)。

摘　　要：利用2015—2019年沪深A股上市公司数据,实证检验了控制性投资与审计意见之间的关系。研究发现,控制性投资越高,审计师出具标准审计意见的概率越大;进一步研究发现,控制性投资影响审计意见的基本路径是:控制性投资—经营绩效—审计意见;最后,从地区分布与产权性质的角度进行深入分析,发现东部地区企业以及民营企业的控制性投资对审计意见的影响更显著。本文研究丰富了审计意见的研究视角,探究了资本运营对审计师的影响。With the data of A-share listed companies in Shanghai and Shenzhen from 2015 to 2019,this paper empirically tests the relationship between controlling investment and audit opinion.It finds that the higher the controlling investment ratio is,the greater the probability of auditor’s giving standard audit opinion is.Further study shows that the basic path for controlling investment to impact audit opinion is as follows:controlling investment-business performanceaudit opinion.Finally,an in-depth study from the perspective of regional distribution and nature of property right finds that the controlling investment of enterprises and private enterprises in the eastern region has a more significant impact on audit opinion.It enriches the research perspective of audit opinion and explores the impact of capital operation on auditor.

关 键 词：控制性投资 资本杠杆 撬动效应 

分 类 号：F830.9[经济管理—金融学]