审计服务市场开放带来了“鲶鱼效应”吗?——兼论本土所与国际所审计质量差异根源  

Does the Opening-up of Audit Service Market Bring “Catfish Effects”?——A discussion on the causes of the difference in audit quality between local and international accounting firms

作　　者：王晶[1] 李翔 Wang Jing;Li Xiang

机构地区：[1]南京大学商学院会计学系 [2]南京财经大学会计学院

出　　处：《投资研究》2021年第12期117-137,共21页Review of Investment Studies

基　　金：国家社会科学基金项目(20BJY028);江苏省社会科学基金项目(20GLB010)。

摘　　要：本文以1998-2018年的中国A股上市公司为样本,研究并验证审计服务市场开放产生的“鲶鱼效应”,同时分析审计服务市场开放中本土所与国际所审计质量存在差异的根源。研究发现:国际所给本土所带来的竞争压力促进了本土所审计质量的提升,中国审计服务市场开放产生了“鲶鱼效应”。进一步检验发现,客户差异是国际所审计质量优于本土所的重要因素,在控制了客户选择后,国际所与本土所审计质量不存在显著差异。This article conducts an empirical study on the"catfish effects"of the opening-up of audit service market,and analyze the main causes of the difference in audit quality between local and international accounting firms,based on a sample of China’s Ashare listed companies and its panel data from 1998 to 2018.It is found that the competitive pressure brought by international accounting firms has promoted the improvement of audit quality of local firms,and the opening-up of China’s audit service market has produced"catfish effects".Further analysis finds that customer differences are an important factor of the difference in audit quality between international firms and local firms.After controlling customer selection,there is no significant difference in audit quality between international and local firms.

关 键 词：会计师事务所 审计质量 鲶鱼效应 开放 

分 类 号：F239.4[经济管理—会计学]