房间里的成年人？审计师与小公司的红利：来自自然实验的证据

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2024-05-14 DOI:10.1007/s00181-024-02603-1

Hakim Lyngstadås, Johannes Mauritzen

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引用次数: 0

摘要

我们研究了审计对小型私营企业股息的影响。我们假设，审计可以通过促进会计保守主义来限制股息。我们利用挪威私营企业的登记数据，以及允许小型私营企业放弃使用审计师的政策出台后引起的随机变化，来估计审计对股利支付的影响。通过对政策任意阈值周围的回归不连续性进行识别。倾向得分匹配用于创建平衡的合成控制。我们一致发现，放弃审计会导致小型私营企业的股息显著增加。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

Adults in the room? The auditor and dividends in small firms: evidence from a natural experiment

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Adults in the room? The auditor and dividends in small firms: evidence from a natural experiment

We examine the effect of auditing on dividends in small private firms. We hypothesize that auditing can constrain dividends by way of promoting accounting conservatism. We use register data on private Norwegian firms and random variation induced by the introduction of a policy allowing small private firms to forgo the use of an auditor to estimate the effect of auditing on dividend payout. Identification is obtained by a regression discontinuity around the arbitrary thresholds for the policy. Propensity score matching is used to create a balanced synthetic control. We consistently find that forgoing auditing led to a significant increase in dividends in small private firms.

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.