审计监督与地方国有企业创新——基于省以下审计机关人财物管理改革的准自然实验  

Audit Supervision and the Innovation of Local State-Owned Enterprises:A Quasi-Natural Experiment Based on the Personnel,Financial and Material Management Reform of Audit Institutions below the Provincial Level

作　　者：伍伦[1,2] Wu Lun(Southwestern University of Finance and Economics,Chengdu 611130;Guangdong Power Grid Corporation,Guangzhou 510308,China)

机构地区：[1]西南财经大学会计学院,四川成都611130 [2]广东电网有限责任公司审计中心,广东广州510308

出　　处：《当代财经》2025年第2期153-164,共12页Contemporary Finance and Economics

基　　金：国家自然科学基金面上项目“中国投资者保护公益组织运行效果与机制研究——基于并购重组中投服中心行权视角”(72272123);广东省审计厅2024—2025年重点科研课题“中国特色现代国有企业内部审计外包制度的构建与完善——来自电网企业的逻辑与实践”(24GDSJZZ062418);广东电网有限责任公司2024年第一批省级管理创新项目“中国特色现代国有企业违规行为调查机制研究”(030000KM24040031)。

摘　　要：深入实施创新驱动发展战略是推进中国式现代化的关键。以地方国有上市公司为研究对象,并以省以下地方审计机关人财物管理改革试点为准自然实验,考察了地方审计机关的审计监督对地方国有企业创新能力的影响。研究表明,省以下地方审计机关人财物管理改革能够显著提高地方国有企业的创新能力。影响机制检验发现,省以下地方审计机关人财物管理改革能抑制地方国有企业管理层的短视行为和减少地方国有企业的寻租活动,因而省以下地方审计机关人财物管理改革能提高地方国有企业的创新能力。进一步研究发现,省以下地方审计机关人财物管理改革对地方国有企业创新能力的提高作用在处于审计改革强度大的地区、机构投资者持股比例低和媒体监督力度小的地方国有企业中更明显;由于省以下地方审计机关人财物管理改革提高了地方国有企业的创新能力,因而地方国有企业可以获得市场竞争优势。为此,要建立健全对国有资本审计监督的长效机制,持续推进有为政府和有效市场相结合的改革。Deeply implementing the innovation driven development strategy is the key to promoting Chinese path to modernization.Taking local state-owned listed companies as research objects,this paper conducts a quasi-natural experiment to explore the impact of the audit supervision of local audit institutions on the innovation ability of local state owned enterprises based on the human,financial and material management reform pilots of audit institutions below the provincial level.The findings show that the reform of personnel,financial and material management in audit institutions below the provincial level can significantly enhance the innovation capability of local state-owned enterprises.The impact mechanism test reveals that the reform can curb the short-sighted behaviors of local state-owned enterprise management and reduce rent-seeking activities of local state-owned enterprises.Therefore,the reform can improve the innovation capability of local state-owned enterprises.Further research has found that the reform has a more significant effect on improving the innovation capabilities of local state-owned enterprises in areas with high audit reform intensity,low institutional investor shareholding ratios,and low media supervision.Due to the reform,the innovation capability of local state-owned enterprises has been improved,allowing them to gain a competitive advantage in the market.Consequently,it is essential to establish and improve a long-term mechanism for the audit and supervision of state-owned capital,and continuously promote the reform of combining“active government”and“efficient market”.

关 键 词：国家审计 省以下地方审计机关人财物管理改革 地方国有企业 企业创新 

分 类 号：F239.44[经济管理—会计学]