中国上市公司审计委员会治理效率的实证研究

发布时间：2018-04-17 08:08

本文选题：审计委员会 + 职责　；参考：《石河子大学》2008年硕士论文

【摘要】： 审计委员会制度是公司治理结构中一项重要的制度安排,它起源于美国,随后在广大西方国家得到广泛采用。经过近70年的发展,审计委员会制度在西方已经相对成熟和完善,并在改善财务报告质量,完善公司治理结构方面发挥了积极有效的作用。鉴于审计委员会制度的这种有效性,我国于2002年将其正式引入,并在所有的上市公司中进行推广。截至2006年底,我国已经有超过60%的上市公司建立了审计委员会制度,而且在将来还会有更多的上市公司采用这种制度,人们对它的关注重点也已经从建立的数量和发展的规模转移到运作和治理有效性的角度上。审计委员会建立后,在哪些方面发挥了作用以及在多大程度上发挥了作用是一个亟待明确的问题,以更好的审视目前我国审计委员会制度的现状和不足,也可以为这一制度的进一步完善和发展指明方向。在这一背景下,本文对我国审计委员会制度实施的有效性问题进行较为深入的研究和探讨,进而为我国审计委员会制度的进一步发展提出一些可供参考的意见和建议。本文主要采用规范研究与实证研究相结合的方法。首先运用规范的研究方法,从委托代理理论入手,对审计委员会的作用原理进行了阐述,接着在对我国审计委员会职责进行分析的基础上,提出了我国审计委员会治理效率的相关假设,用实证研究的方法构建回归模型,借助有关数据得出实证结论,两者互相结合,互相补充。本文以2006年沪深两市的上市公司为基础进行相关研究,从财务报告质量、审计意见、审计费用、审计师选择等方面验证审计委员会的治理效率及其内部特征对治理效率的影响,得出以下实证结果:与未设立审计委员会的公司相比,设立审计委员会的公司可以提供更高质量的财务报告、更易获得标准的审计意见以及更倾向于选择大的会计师事务所进行审计,而在审计费用方面,却没有得出相关结论。在内部特征方面,审计委员会的规模与审计意见、会议次数与财务报告质量和审计意见、财务专家比例与审计意见和审计师选择、独立且具有专业背景的召集人与财务报告质量和审计费用之间分别存在显著的相关性。借助实证研究的结果可以看出,我国的审计委员会的治理作用在一定程度上得到了有效的发挥。同时也可以看到,由于发展的时间较短,我国审计委员会职责的履行并不全面,侧重于财务报告质量的监督控制职能,而且独立董事和财务专家的作用也没有得到充分的发挥。因此治理职责的全面展开应该是我国审计委员会今后发展的一个方向和目标。
[Abstract]:Audit committee system is an important institutional arrangement in corporate governance structure. It originated in America and was widely used in western countries.After nearly 70 years of development, the audit committee system has been relatively mature and perfect in the West, and has played an active and effective role in improving the quality of financial reports and improving the corporate governance structure.In view of the effectiveness of the audit committee system, China formally introduced it in 2002 and popularized it among all listed companies.By the end of 2006, more than 60% of the listed companies in China had established the audit committee system, and more listed companies will adopt this system in the future.The focus on it has shifted from the number of established and the scale of development to operational and governance effectiveness.Since the establishment of the Audit Committee, what aspects have played its role, and to what extent it has played a role, is an urgent issue to be clarified in order to better examine the current situation and deficiencies of the audit committee system in our country.Also can point out the direction for the further improvement and development of this system.Under this background, this paper makes a deep study and discussion on the effectiveness of the implementation of the audit committee system in China, and then puts forward some suggestions and suggestions for the further development of the audit committee system in our country.This paper mainly adopts the method of combining normative research with empirical research.First of all, using the standard research method, starting with the principal-agent theory, this paper expounds the function principle of the audit committee, and then on the basis of analyzing the responsibility of the audit committee in our country.This paper puts forward the relevant assumptions of the governance efficiency of audit committee in China, constructs the regression model by the method of empirical research, draws empirical conclusions with the help of relevant data, and combines and complements each other.Based on the relevant research of listed companies in Shanghai and Shenzhen stock markets in 2006, this paper verifies the governance efficiency of audit committee and its internal characteristics on governance efficiency from the aspects of financial report quality, audit opinion, audit fees, auditor selection, etc.The following empirical results are obtained: companies with audit committees can provide higher quality financial reporting than companies that do not have audit committees,It is easier to obtain standard audit opinions and more inclined to select large accounting firms for audit, but there is no conclusion on audit cost.In terms of internal characteristics, the size and audit opinion of the Board of auditors, the number of meetings and the quality of financial reporting and the audit opinion, the ratio of financial experts to the audit opinion and the choice of auditors,There are significant correlations between independent and professional conveners and financial reporting quality and audit costs.According to the results of empirical study, we can see that the governance role of audit committee in China has been effectively brought into play to a certain extent.At the same time, we can also see that because of the short period of development, the performance of the duties of the audit committee in China is not comprehensive, focusing on the supervision and control function of the quality of financial reports, and the role of independent directors and financial experts has not been given full play.Therefore, the overall development of governance responsibility should be a direction and goal of the future development of our audit committee.
【学位授予单位】：石河子大学
【学位级别】：硕士
【学位授予年份】：2008
【分类号】：F239.4

【引证文献】