Can industry information disclosure improve audit quality?  

作　　者：Chen Qiao Guojian Zheng Ying Zheng 

机构地区：[1]School of Economics and Management,Changsha University of Science and Technology,Changsha,China [2]School of Business,Sun Yat-sen University,China [3]Center for Accounting,Finance and Institutions,Sun Yat-sen University,China

出　　处：《China Journal of Accounting Research》2023年第4期165-187,共23页中国会计学刊（英文版）

基　　金：supported by the National Natural Science Foundation of China(Project Nos.71790603,72072190);the China Postdoctoral Science Foundation(Project No.2023M733331).

摘　　要：We investigate the impact of industry information disclosure(IID)on audit quality in Chinese listed companies from 2010 to 2021,by constructing a staggered difference-in-differences model based on the implementation of the IID guidelines in the Shanghai and Shenzhen stock exchanges in 2013 as an exogenous shock.Audit quality is significantly improved after the implementation of the IID guidelines.We also use a parallel trend test,different measurements of key variables,propensity score matching,a placebo test and different samples,to ensure the validity of our findings.IID enhances audit quality by improving auditor independence,professionalism and audit engagement,particularly in firms with high-quality and numerous IIDs,high auditor rankings,strong auditor industry expertise,IIDs with a negative tone and low R&D investment.We demonstrate the effectiveness of the IID guidelines from the perspective of auditing.

关 键 词：IID Audit quality Audit independence Audit professionalism Audit effort 

分 类 号：F239[经济管理—会计学]