›› 2021, Vol. 37 ›› Issue (3): 61-70.

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Technology Spillovers and Audit Fees——The Evidence from Chinese Listed Companies

RUAN Yongping, WU Hongjie, ZHENG Kai   

  1. School of Business,East China University of Science and Technology,Shanghai 200237,China
  • Received:2020-05-19 Online:2021-03-10 Published:2021-03-17

技术溢出与审计收费——来自中国上市公司的经验证据

阮永平, 吴红杰, 郑凯   

  1. 华东理工大学商学院,上海 200237
  • 通讯作者: 郑凯(1979-),男,黑龙江望奎人,华东理工大学商学院副教授
  • 作者简介:阮永平(1973-),男,湖南邵阳人,华东理工大学商学院教授;吴红杰(1996-),男,浙江绍兴人,华东理工大学商学院硕士生
  • 基金资助:
    国家自然科学基金青年项目(71702104);国家自然科学基金面上项目(71672057)

Abstract: Based on a sample of A-share non-financial listed companies from 2007 to 2018, this study examines the effect of technology spillovers on the audit fees claimed by auditors. It is found that firms facing greater technology spillovers are less charged by auditors as technology spillovers can decrease firms' operation risk and diversification degree. Furthermore, despite reduced audit fees, the quality of auditing does not decline, which indicates that technology spillovers can improve the audit efficiency. In addition, the negative relation is more significant when firms or accounting firms have better human capital. These findings provide new empirical evidence for the economic effects of technology spillovers, and provide different perspectives for understanding the influencing factors of audit fees.

Key words: Technology Spillovers, Audit Fees, Operation Risk, Diversification, Audit Quality

摘要: 以2007~2018年A股非金融行业上市公司的数据为样本,从审计收费的角度实证检验了技术溢出的正面效应。研究发现,技术溢出能够显著降低审计收费,而企业经营风险和多元化程度的降低是导致上述效应的传导机制。进一步研究发现,审计质量并未由于审计收费的减少而下降,表明技术溢出提高了审计效益。此外,技术溢出与审计收费的负向关系在高人力资本的事务所或企业中更为显著。上述发现为技术溢出的经济效应提供了新的经验证据,为理解审计收费的影响因素提供了不同的视角。

关键词: 技术溢出, 审计收费, 经营风险, 多元化经营, 审计质量

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