公司治理质量影响外部独立审计效率吗——来自中国上市公司的经验证据

运用主成分分析技术构建公司治理指数,并以此作为公司治理质量的衡量指标,考察了公司治理质量对审计师的选择、审计收费和审计意见的影响。研究发现,公司治理质量越高的公司,越倾向于选择高质量的审计师,也愿意支付更高的审计费用;在其他条件一定的条件下,相对于公司治理质量高的公司,公司治理质量差的公司更容易获得标准无保留的审计意见,从而影响审计独立性和审计质量的提高。

Does Corporate Governance Quality Affect External Auditing Efficiency——Evidence from Chinese Listed Companies

This article analyzes the effect of corporate governance quality on external auditing efficiency.Using principal components method to construct corporate governance index and make it proxy for corporate governance quality,the author investigates the effect of corporate governance quality on external auditing demand,auditing fee and auditing opinions.The auther finds that firms more to employ high quality auditors and pay more audit fee when they have high quality corporate governance.At the same tine,firms which have poor quality corporate governance more easily get clean auditing opinions than firms with high quality corporate governance,which will affect the independence of external auditing and improvement of auditing quality.