ESG 评级分歧是否会影响审计意见？

IF 4.8 2区经济学 Q1 BUSINESS, FINANCE

International Review of Economics & Finance Pub Date : 2024-09-21 DOI:10.1016/j.iref.2024.103659

Cheng Zhang , Qianyao Zha , Xun Sun , Liping Chen

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引用次数: 0

摘要

本文研究了 ESG 评级分歧对审计意见的影响。我们发现，ESG 评级不一致会显著增加审计师出具非标准审计意见的概率，操作风险和重大错报风险在 ESG 评级不一致与审计意见之间起中介作用。异质性分析表明，ESG 评级分歧对审计意见的影响在机构投资者持股比例较低、内部控制较弱以及私营性质的公司中更为明显。我们的研究拓展了对 ESG 评级分歧经济后果的研究，并为监管机构规范 ESG 评级提供了政策启示。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Does ESG rating disagreement affect audit opinions?

This paper examines the impact of ESG rating disagreement on audit opinions. We find that ESG rating disagreement significantly increases the probability of auditors issuing modified audit opinions, operational risk and risk of material misstatement play intermediary roles between ESG rating disagreement and audit opinions. Heterogeneity analysis shows that the effect of ESG rating disagreement on audit opinions is more significant among companies with lower institutional investors shareholding ratios, weaker internal control, and private nature. Our research expands the study of economic consequences of ESG rating disagreement and provides policy inspiration for regulators to standardize ESG rating.

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来源期刊

International Review of Economics & Finance Multiple-

CiteScore

7.30

自引率

2.20%

发文量

253

期刊介绍： The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.