审计机构对家族继承的回应:来自中国的证据

IF 1.4 4区经济学 Q3 BUSINESS, FINANCE

Asia-Pacific Journal of Accounting & Economics Pub Date : 2021-12-28 DOI:10.1080/16081625.2021.2020670

Tzu-Ching Weng, H. Chi, Huanzhi Li

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引用次数: 0

摘要

摘要本研究探讨家族传承与审计定价之间的关系。审计人员对继任者的能力很感兴趣，他们被激励在审计定价中包含这些信息。一份来自中国的人工收集的独特数据显示，第二代家族企业支付的审计费用更高。然而，与顶级审计师相比，非顶级审计师收取的审计费用较低，以保持与家族继承人的合作。此外，审计师对接班人的人格特征更为敏感，如海外教育背景、商科相关学士学位、商业职业经历、政治关系、接班年龄等。

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Auditors’ response to family succession: evidence from China

ABSTRACT This study examines the association between family succession and audit pricing. Auditors are interested in the successor’s capability, and they are incentivized to include this information in their audit pricing. A unique manually gathered dataset from China shows higher audit fees paid by second-generation family firms. However, compared with top-tier auditors, non-top-tier auditors charge lower audit fees to retain their engagement with family successors. Furthermore, auditors are more sensitive to successors’ personality characteristics, such as overseas education, business-related bachelor’s degree, business career experience, political connections, and succession age.

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来源期刊

Asia-Pacific Journal of Accounting & Economics Multiple-

CiteScore

2.40

自引率

9.10%

发文量

期刊介绍： The Asia-Pacific Journal of Accounting & Economics (APJAE) is an international forum intended for theoretical and empirical research in all areas of economics and accounting in general. In particular, the journal encourages submissions in the following areas: Auditing, financial reporting, earnings management, financial analysts, the role of accounting information, international trade and finance, industrial organization, strategic behavior, market structure, financial contracts, corporate governance, capital markets, and financial institutions. The journal welcomes contributions related to the Asia Pacific region, and targets top quality research from scholars with diverse regional interests. The editors encourage submission of high quality manuscripts with innovative ideas. The editorial team is committed to an expedient review process.