审计质量、产权性质与非效率投资

发布时间：2018-03-20 23:25

本文选题：审计质量　切入点：过度投资　出处：《财会月刊》2017年27期 　论文类型：期刊论文

【摘要】：以我国沪深A股上市公司2007~2015年数据为样本,对高质量审计是否能改善上市公司非效率投资以及这种影响是否因公司产权特征不同而有所差异进行了研究。结果表明:高质量审计有利于缓解投资不足,抑制投资过度;相对于投资过度来说,高质量审计对投资不足的改善作用更显著;高质量审计缓解投资不足的作用主要体现在民营企业中,而抑制投资过度的作用主要体现在国有企业中,且这种抑制作用在地方政府控制的国有上市公司中最强,在国有企业集团控制的上市公司中次之,在中央政府控制的上市公司中最弱。
[Abstract]:Taking the data of Shanghai and Shenzhen A-share listed companies from 2007 to 2015 as samples, This paper studies whether the high quality audit can improve the inefficient investment of listed companies and whether the influence is different according to the characteristics of the company's property right. The results show that the high quality audit is helpful to alleviate the insufficient investment and restrain the excessive investment; Compared with excessive investment, the effect of high quality audit on the improvement of insufficient investment is more significant, and the role of high quality audit to alleviate the insufficient investment is mainly reflected in the private enterprises, while the role of restraining excessive investment is mainly reflected in the state-owned enterprises. The inhibition is the strongest among the state-owned listed companies controlled by the local government, followed by the listed companies controlled by the state-owned enterprise groups and the weakest among the listed companies controlled by the central government.
【作者单位】：重庆工商大学融智学院;重庆大学经济与工商管理学院;
【基金】：国家自然科学基金重点项目(项目编号:71232004);国家自然科学青年基金项目(项目编号:71302117) 湖北省自然科学基金项目(项目编号:2014062)
【分类号】：F239.4;F275;F832.51

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