异常审计费用、审计质量与IPO定价——基于A股市场的分析

被引：18

作者：

朱宏泉

朱露

机构：

[1] 西南交通大学经济管理学院

来源：

审计与经济研究 | 2018年 / 33卷 / 04期

关键词：

异常审计费用; 可操纵性应计利润; IPO抑价; 长期市场表现; 审计质量; 审计意见; 盈余管理;

D O I：

暂无

中图分类号：

F239.4 [各类审计]; F832.51 [];

学科分类号：

1202 ; 120201 ; 1201 ; 020204 ;

摘要：

以A股市场2006—2012年IPO公司为研究对象,探讨异常审计费用与审计质量的相关性及其在IPO定价中的作用。结果发现:对全样本,异常审计费用与IPO抑价水平显著负相关,与可操纵性应计利润的绝对值和股票上市后的长期市场表现不相关;当考虑异常审计费用的方向时,正的异常审计费用与IPO抑价水平、可操纵性应计利润的绝对值显著负相关,与股票上市后的长期市场表现显著正相关,而负的异常审计费用与三者的相关性均不显著。这表明作为会计师事务所努力程度的体现,正的异常审计费用不会损害审计质量,相反在一定程度上能提升审计质量。因此,监管部门应更多地关注审计收费不足所存在的风险。

引用

页码：55 / 65

页数：11

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