审计意见的决定因素：来自中国上市公司的证据

利用中国上市公司和相应会计师事务所2001—2003年的综列数据,本文研究了审计意见和会计师事务所规模、上市公司的风险和盈余管理等因素之间的关系。本文发现有破产风险的、进行盈余管理的或小规模的上市公司更可能得到非标准审计意见。如果它们又是大会计师事务所的客户,则得到非标意见的概率更大。本文不支持合资会计师事务所的审计质量更高的结论。

Determinants of Audit Opinion:Evidence from China''''s Listed Firms

Using a panel data base of both audit firms and listed firms in China from 2001 to 2003, we examine the relationship between audit firm size and audit opinions in China's rel- atively competitive auditing market for publicly listed firms. We find that listed firms which are more likely to go bankruptcy, firms which have engaged in earnings management and those with small sizes are more likely to get dirty opinions. There is also a positive relation between audit firm size and the probability of getting dirty opinion. Our research, however, does not support the hypothesis that joint venture audit firms are stricter in issuing audit opinions.