Under the Regulation of Equity Pledge, Research on the Influence of Audit Firm’s Tenure on Audit Quality

DOI

10.2991/978-94-6463-256-9_144How to use a DOI?

Keywords

audit firm term; equity pledge; audit quality; regulating effect

Abstract

Taking the A-share listed companies in Shanghai and Shenzhen from 2010 to 2020 as samples, this paper studies the relationship between term of office of accounting firm, equity pledge and audit quality. It is found that although the relationship between tenure and audit quality is non-linear, it is not an inverted “U” relationship. When the firm's term is less than or equal to 7 years, the equity pledge can enhance the effect of the extension of the firm's term on the audit quality. This adjustment only promotes the improvement of audit quality level. Through a heterogeneous analysis of financial situation, it is found that the regulatory role of equity pledge only exists in companies with better financial situation.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Guiqiu Lan
AU  - Bing Han
AU  - Guitao Qiao
PY  - 2023
DA  - 2023/10/09
TI  - Under the Regulation of Equity Pledge, Research on the Influence of Audit Firm’s Tenure on Audit Quality
BT  - Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)
PB  - Atlantis Press
SP  - 1428
EP  - 1435
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-256-9_144
DO  - 10.2991/978-94-6463-256-9_144
ID  - Lan2023
ER  -