审计师跨层次执业与审计意见决策——基于我国多层次资本市场的证据  

Auditor Joint Practice and Audit Opinion Decision in NEEQ Evidence from Chinese Multi-level Capital Market

作　　者：袁红 史文 刘峰[3] YUAN Hong;SHI Wen;LIU Feng(School of Economics and Management,Fuzhou University,Fuzhou 350108,China;School of Accounting,Zhejiang University of Finance and Economics,Hangzhou 310018,China;Center for Accounting Studies,Xiamen University,Xiamen 361005,China)

机构地区：[1]福州大学经济与管理学院,福建福州350108 [2]浙江财经大学会计学院,浙江杭州310018 [3]厦门大学会计发展研究中心,福建厦门361005

出　　处：《审计与经济研究》2024年第5期10-20,共11页Journal of Audit & Economics

基　　金：国家自然科学基金项目(72232007);国家自然科学基金项目(72302212);浙江省自然科学基金项目(ZQ23G020003);福州大学科研启动项目(XRC202410)。

摘　　要：基于我国多层次资本市场的差异化制度场景,探讨审计师于同一年度在多个层次资本市场的执业行为(即跨层次执业)对其在新三板市场审计意见决策的影响。基于2014—2019年间新三板公司的数据,研究发现:跨层次执业的审计师为新三板客户出具非标准审计意见的概率显著低于新三板市场其他企业;机制检验表明,跨层次执业主要通过抑制审计师的投入,即降低执业效率、阻碍信息沟通、缩减行业知识投入,进而对审计意见决策产生负面影响。进一步从“事务所-审计师”资源配置及其他经济后果等视角开展分析,丰富了个体审计师决策形成机制的相关文献,也从制度优化角度为未来的资本市场统一审计监管提供了参考。Exploiting the differential institutional incentives in the multi-level capital market,we study the impact of auditor joint practice(conducting annual audits at both markets in the same year)on audit opinion decisions in the NEEQ market.Using NEEQ-quoted firms from 2014 to 2019 as a research sample,we find that firms audited by joint practice auditors are less likely to be issued modified audit opinions than their counterparts,and mechanism analyses demonstrate that joint practice exerts influence through lowering audit effort,i.e.longer audit lag,lower information communication efficiency,and weaker industry specialization training.We conduct further analyses on auditor competence,the effect of joint practice on listed firms.Overall,this study provides empirical evidence for auditors strategic favoring of one market over another in different institutional environments.Our findings have both theoretical and policy implications.

关 键 词：多层次资本市场 跨层次执业 新三板市场 审计意见 审计监管 审计投入 审计资源配置 

分 类 号：F239.43[经济管理—会计学]