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与西方发达市场相比,我国会计师事务所产生于政府挂靠体制,政府干预过多;上市公司多由国有企业改制而来,国家持股比例较多,上市公司受到当地政府保护等,使得我国的独立审计具有强烈的地域特色,本地事务所多在当地招揽客户,其审计过程明显受到当地政府的干预。鉴于此,我国政府于1999年开始要求会计师事务所与其挂靠单位脱钩,经过这几年的发展,有必要考察目前本地/异地事务所的审计质量差异是否巳消除。本文使用2002—2004年在沪深两市上市的A股公司数据,考察了会计事务所的地域特征对其盈余这理抑制能力的影响。本文使用可操控性应计的绝对值和非经常性损益的绝对值衡量上市公司的盈余管理程度,使用两步回归控制事务所的自选择偏误,结果发现,异地事务所对盈余管理的抑制能力显著强于本地事务所。
Compared with developed markets in the west, accounting firms in our country originate from the system of government anchoring, and the government intervenes too much. Many listed companies are transformed from state-owned enterprises, the state owns a large proportion, the listed companies are protected by the local government, Independent audit has a strong geographical characteristics, local firms to recruit more customers in the local, the audit process was significantly affected by local government intervention. In view of this, our government began to require the accounting firm to be decoupled from its affiliated units in 1999. After several years of development, it is necessary to examine whether the audit quality differences between local / off-site offices have been eliminated. This article uses the data of A-share companies listed in Shanghai and Shenzhen stock exchanges from 2002 to 2004 and examines the influence of the regional characteristics of accounting firms on their ability to restrain this surplus. In this paper, the absolute value of controllable accruals and the absolute value of non-recurring gains and losses to measure the degree of earnings management of listed companies, the use of two-step regression to control the firm’s self-selection bias, the results found that off-site firm’s inhibition of earnings management The ability is significantly stronger than the local firm.