制度环境、审计供求与审计治理——基于我国证券市场中审计师变更问题的实证分析

本文基于我国证券市场中审计师变更问题这一动态视角考察了制度环境对外部审计治理的影响。通过研究,我们发现:首先,在制度环境发展相对落后的地区,上市公司频繁更换审计师的现象更严重;其次,在制度环境发展相对较好的地区,上市公司更可能发生审计师升级变更,表明其对高质量审计服务的需求;第三,在制度环境发展较差的地区,由于诉讼风险和诉讼成本较低,继任审计师为了获得审计客户更容易发生变通审计意见的行为,说明审计师难以发挥其外部治理的功能进而弥补制度环境的缺陷。本文的研究发现说明制度环境同时影响审计需求和审计供给两方面的行为表现,并支持了制度环境与外部审计治理是相互促进的关系。

Institutional Environment,Auditing Supply-Demand and Audit Governance——An Empirical Study on Auditor Switch from Chinese Listed Companies

This paper analyzes the relationship between the institutional environment and the audit governance based on the auditor switch in China’s security market.The evidence indicates that firstly,companies switch auditors much more frequently in relatively less developed institutional environment.Secondly,the companies tend to upgrade their auditors in relatively well developed area because they need high-quality auditor’s services.Thirdly,the companies change auditors aim at audit opinion-shopping in less developed area for the lower litigation risk and cost.It means that audit governance cannot make up the deficiency of institutional environment.The findings reflect institutional environment not only affects the demands but also influences the supply of auditing,and the institutional environment and audit governance promote with each other in conclusion.