社会资本与审计收费
——基于中国A股上市公司的经验研究

摘要/Abstract

摘要： 社会资本存量反映了社会成员的互助合作意识和诚信水平。本文从社会资本的认知型和结构型两个维度出发，以2009-2014年中国A股上市公司作为研究样本，运用多元回归及Logistic模型考察社会资本对审计收费的影响。实证研究发现：总部所在地社会资本存量较高的公司支付的审计费用较低；相较于结构型社会资本而言，认知型社会资本对审计收费的影响更为明显；较高的社会资本既可降低审计师的人力资源投入水平，也能减小与审计相关的诉讼风险。审计师参考公司总部所在地的社会资本存量进行审计定价决策表明，在显性机制有待完善的情形下，隐性机制能够起到良好的补充作用。因而，提高社会资本存量有利于拓宽信息分享渠道、降低交易成本、促进社会分工。

关键词: 审计费用, 社会资本, 客户风险, 人力资源投入水平

Abstract: Social capital stock reflects social members′ consciousness of mutual cooperation and integrity level. This paper starts from cognitive and structural types two dimensions of social capital and takes A-share listed companies from 2009 to 2014 as samples to test the influence of social capital on audit fees by using multiple regression and Logistic model. The conclusions of empirical study confirm that firms with high social capital stock,which are located in the same city with headquarters,pay lower audit fees; compared with structural social capital, the impact of cognitive social capital on audit fees is more obvious; higher social capital not only can reduce auditors′ human resources investment, but also can decrease audit-related litigation risk. That auditors refer to the social capital stock of the city where company headquarters is located to conduct audit pricing decision shows in the case of dominant mechanism to be improved, the recessive mechanism can play a good supplementary effect. Therefore, improving social capital stock is conducive to broadening the channels of information sharing, reducing transaction costs, and promoting social division of labor.

Key words: audit fees, social capital, client risk, human resources investment

刘颖斐，丁茜菡. 社会资本与审计收费 ——基于中国A股上市公司的经验研究[J]. 商业研究.

LIU Ying-fei, DING Xi-han. Social Capital and Audit Fees ——An Empirical Study based on Chinese A-share Listed Companies[J]. 商业研究.

参考文献

［1］Dan A S. The Pricing of Audit Services: Theory and Evidence［J］． Journal of Accounting Research, 1980,18(1):161-190. ［2］Becker C L,Defond M L,James J,et al. The Effect of Audit Quality on Earnings Management［J］． Contemporary Accounting Research,1998,15(1):1-24. ［3］Eshleman J D,Guo P. Abnormal Audit Fees and Audit Quality: The Importance of Considering Managerial Incentives in Tests of Earnings Management［J］． Auditing: A Journal of Practice & Theory,2014,33(1):117-138. ［4］Francis J R. The Effect of Audit Firm Size on Audit Prices: A Study of the Australian Market［J］． Journal of Accounting & Economics,1984,6(2):133-151. ［5］Palmrose Z V. Audit Fees and Auditor Size: Further Evidence［J］． Journal of Accounting Research,1986,24(24):97-110. ［6］Craswell A T,Francis J R,Taylor S L. Auditor Brand Name Reputations and Industry Specializations［J］． Journal of Accounting & Economics,1995,20(95):297-322. ［7］Taylor M H,Simon D T. Determinants of Audit Fees: the Importance of Litigation,Disclosure,and Regulatory burdens in Audit Engagements in 20 Countries［J］． International Journal of Accounting,1999,34(3):375-388. ［8］Jha A,Chen Y. Audit Fees and Social Capital ［J］． Accounting Review,2015,90(2):611-639. ［9］Guiso L,Sapienza P,Zingales L. Social Capital as Good Culture［J］． Social Science Electronic Publishing,2008,6(2-3):295-320. ［10］Fukuyama B F. Social Capital and the Modern Capitalist Economy: Creating a High Trust Workplace［C］//Stern Business Magazine,1997. ［11］Hilary G,Hui K W.Does Religion Matter in Corporate Decision Making in America?［J］． Journal of Financial Economics,2009,93(3):455-473. ［12］张维迎,柯荣住.信任及其解释: 来自中国的跨省调查分析［J］．经济研究，2002(10):59-96. ［13］张俊生,曾亚敏.社会资本与区域金融发展——基于中国省际数据的实证研究［J］．财经研究，2005，31(4):37-45. ［14］潘越，戴亦一，吴超鹏，等.社会资本、政治关系与公司投资决策［J］．经济研究，2009(11):82-94. ［15］潘越，吴超鹏，史晓康.社会资本、法律保护与IPO盈余管理［J］．会计研究，2010(5):62-67. ［16］Norman Uphoff. Social Capital:A Multifaceted Perspective［M］．ParthaDasgupta and Ismail Serageldin. The World Bank.Washington D.C.,2000:65-67. ［17］Guiso L,Sapienza P,Zingales L. The Role of Social Capital in Financial Development［J］． American Economic Review,2004,94(3):526-556. ［18］Portes A P. Social Capital: Its Origins and Applications in Modern Society［J］． Annual Review of Sociology,1998,24:1-24. ［19］Putnam R D. Social capital: Measurement and consequences［J］． Canadian Journal of Policy Research,2001,2(1):41-51. ［20］Payne G T,Moore C B,Griffis S E,et al. Multilevel Challenges and Opportunities in Social Capital Research［J］． Journal of Management,2011,37(1):491-520. ［21］Bourdieu P. The Forms of Capital［M］．Oxford: Blackwell Publishers Ltd,1986. ［22］Granovetter M S. The Strength of Weak Ties［J］． Social Science Electronic Publishing,1973,13(2):1360-1380. ［23］Granovetter M S. Economic Action and Social Structure: The Problem of Embeddedness［J］． American Journal of Sociology,1985,91(3):481-510. ［24］Lin N,Dumin M. Access to Occupations Through Social Ties［J］． Social Networks,1986,8(4):365-385. ［25］Scott,J. Social Network Analyses: A Handbook［M］．Los Angeles: Sage,1991. ［26］Coleman,J. S. Foundations of Social Theory［M］．Cambridge,MA: Harvard University Press,1994. ［27］Spagnolo,G. Social relations and cooperation in organizations［J］． Journal of Economic Behavior and Organization,1999,38(1): 1-25. ［28］Granovetter M S. Getting a Job: A Study of Contacts and Careers［M］．Boston: Harvard University Press,1974. ［29］边燕杰，张文宏.经济体制、社会网络与职业流动［J］．中国社会科学，2001(2):77-89 ［30］Lin N. Social Networks and Status Attainment［J］． Annual Review of Sociology,1999,25(1):467-487. ［31］Putnam R D. Making Democracy Work Civic Traditions in ModernItaly［M］．Princeton: Princeton University Press,1993. ［32］Milgram S,Bickman L,Berkowitz L. Note on the Drawing Power of Crowds of Different Size［J］． Journal of Personality & Social Psychology,1969,13(2):79-82. ［33］Cialdini R B,Kallgren C A,Reno R R. A Focus Theory of Normative Conduct: A Theoretical Refinement and Reevaluation of the Role of Norms in Human Behavior［J］． Advances in Experimental Social Psychology,1991,24(1):201-234. ［34］Buckholtz J W. Social Norms,Self-Control,and the Value of Antisocial Behavior［J］． Current Opinion in Behavioral Sciences,2015,15:122-129. ［35］Akerlof,G. A. The missing motivation in macroeconomics［J］．American Economic Review,2007,97(1): 5-36. ［36］Wu W P. Dimensions of Social Capital and Firm Competitiveness Improvement: The Mediating Role of Information Sharing［J］． Journal of Management Studies,2008,45(1):122-146. ［37］Han S,Kang T,Salter S,et al. A Cross-Country Study on the Effects of National Culture on Earnings Management［J］． Journal of International Business Studies,2010,41(1):123-141. ［38］Venkataraman R,Weber J P,Willenborg M. Litigation Risk,Audit Quality,and Audit Fees: Evidence from Initial Public Offerings［J］． Accounting Review,2008,83(5):1315-1345. ［39］Beaulieu P R. The Effects of Judgments of New Clients′ Integrity Upon Risk Judgments,Audit Evidence,and Fees［J］． Auditing: A Journal of Practice & Theory,2001,20(2):85-99. ［40］梁晓华，安万新，孟庆丽，等.全国357家省、市两级采供血机构无偿献血工作现状调查与分析［J］．中国输血杂志,2012,25(12):1233-1236. ［41］邢立全，陈汉文.产品市场竞争、竞争地位与审计收费——基于代理成本与经营风险的双重考量［J］．审计研究，2013(3):50-58. ［42］戴亦一，张俊生，曾亚敏，等.社会资本与企业债务融资［J］．中国工业经济，2009(8):99-108. ［43］张天舒，黄俊.金融危机下审计收费风险溢价的研究［J］．会计研究，2013(5): 81-96. ［44］Chan L H,Chen K C W,Chen T Y,et al. The Effects of Firm-initiated Clawback Provisions on Earnings Quality and Auditor Behavior［J］．Journal of Accounting & Economics,2012,54(s2-3):180-196. ［45］Knechel W R,Payne J L. Additional Evidence on Audit Report Lag［J］． Auditing: A Journal of Practice & Theory,2001,20(1):137-146.

[1]	邱静, 范钦钦. 独立董事社会资本与企业数字化转型：“资源依赖”还是“资源诅咒”[J]. 商业研究, 2023, 65(3): 136-.
[2]	刘任重1,郑延明2. CEO道德风险与企业融资约束[J]. 商业研究, 2020, 62(8): 63-70.
[3]	许黎莉1,2,朱雅雯2,陈东平1. 社会资本促进小农户与现代农业有机衔接之作用——基于资源获取能力中介效应的检验[J]. 商业研究, 2020, 62(2): 145-152.
[4]	孙伯驰，曹景林. 社会资本异质性与农村减贫成效差异 ——基于收入增长和差距缩小的双重视角分析 [J]. 商业研究, 2020, 62(1): 35-44.
[5]	汪峰，陈冰玉，林小燕 . “以地融资”：土地财政在地方PPP融资中的价值分析[J]. 商业研究, 2019, 61(9): 105-113.
[6]	刘凤君，郭丽虹. 会计师事务所发审委社会资本对公开再融资审核决策的影响 ——基于中国资本市场2003-2013年公开再融资数据的分析 [J]. 商业研究, 2019, 61(8): 90-99.
[7]	刘红1，Clement Tisdell2，李文静3. 边疆深度贫困地区社会资本、生计策略与精准扶贫 [J]. 商业研究, 2019, 61(5): 129-137.
[8]	彭晖，张嘉望，李博阳. 社会资本、正式制度与地区技术创新 ——基于2000-2009年省级面板数据的分析[J]. 商业研究, 2017, 59(7): 67-73.
[9]	王楠1,2，何娇1，黄静1. 董事会资本、CEO权力对研发投入的影响 ——来自创业板上市公司数据的分析[J]. 商业研究, 2017, 59(1): 108-117.

社会资本与审计收费 ——基于中国A股上市公司的经验研究

Social Capital and Audit Fees ——An Empirical Study based on Chinese A-share Listed Companies

可视化

摘要/Abstract

引用本文

使用本文

参考文献

相关文章 9

编辑推荐

Metrics