RIEBセミナー
TJAR Research Workshop
（TJAR Workshop主催、RIEBセミナー／科研基盤研究 (C)「利害関係者と利益の質：ステークホルダー資本主義から株主資本主義へ向かう日本の分析」共催）
RIEBセミナー
RIEBセミナー／科研基盤研究 (C)「利害関係者と利益の質：ステークホルダー資本主義から株主資本主義へ向かう日本の分析」共催
| 日時 | 2024年09月03日(火) 14:00 - 15:30 |
|---|---|
| 会場 | 神戸大学経済経営研究所 会議室（研究所新館2階） |
| 対象 | 教員，院生，および同等の知識をお持ちの方 |
| 使用言語 | 英語 |
| 参加登録 | ※事前登録制です。下記より参加登録をお願い致します。追って、詳細をご連絡いたします。 参加登録 締切：8/29 |
14:00 - 15:30
- 論題
- Party Building Provision, Audit Risk and Audit Pricing
- 報告者
- Ying ZHENG（School of Business, Sun Yat-Sen University）
- 概要
- Understanding the effectiveness of different governance model or governance practices is essential issue in international corporate governance. Using the implementation of the Party Building reform from 2016 to 2019 as a shock to political governance, our study investigates how and why a substantial strengthening in political governance affects audit fees. We find that auditors tend to charge lower fees when a firm amends its charter to formally establish the Party committee’s leadership. Compared to non-Party building firms, firms implementing Party reform are more likely to have lower business risk, strengthened internal controls, and fewer financial restatements. Consequently, the auditors exert less efforts. These results suggest that political governance in Chinese firms is associated with reduced audit risk and efforts, factors that auditors reflect in lower audit fees.