董事的会计师事务所经历与审计师选择

以2010-2016年A股上市公司为研究对象,考察了董事的会计师事务所经历与审计师选择的关系。研究发现,拥有会计师事务所经历的董事更愿意选择"小所"作为公司的社会审计机构,且拥有该经历的董事人数越多、比例越高,选择"小所"的倾向越大,在非国企和独董样本中这一关系更为显著。考虑事务所从业经验的影响后发现,从业经验的丰富程度会进一步影响审计师选择,表现为"大所"经历、事务所工作级别高、事务所任职个数多时均倾向选择"小所"。经验证据表明具有会计师事务所经历的董事对于审计师选择存在着替代效应。

The Board of Directors Accounting Firm Experience and Auditor Selection

This paper investigates the impact of directors accounting firm experience on auditor choice decision made by Chinese A share listed companies during the period from 2010 to 2016. Our analysis finds that board of directors possessing greater levels of audit expertise members are associated with smaller size external auditors. When we segregate the type of directors between independent directors and non independent directors,we find that the negative impact identified is mainly driven by independent directors. Furthermore,when we separate companies between SOEs and non SOEs,we find the impact of audit experience is confined to non state owned companies. To elaborate the research,we further focus the directors audit expertise which is measured by 3 dimensions:whether they are employed by large audit firms,the highest position they reach,and the number of audit firms they have served. The results indicate that the more experienced the directors,the higher professional competence they have,the more likely the company is to select smaller size external auditors,which strongly supports the resource dependence theory.