中小投资者群体负面情绪与审计师反应——基于中小投资者股吧意见的研究

当代财经 ›› 2020, Vol. 0 ›› Issue (11): 124-137.

中小投资者群体负面情绪与审计师反应——基于中小投资者股吧意见的研究

李世刚

江西财经大学会计学院,江西南昌 330013

收稿日期:2020-04-24 修回日期:2020-09-05 出版日期:2020-11-15 发布日期:2020-12-10
作者简介:李世刚,江西财经大学副教授,博士,在站博士后,主要从事资本市场会计与财务问题研究,联系方式shigangli001@163.com。
基金资助:
国家自然科学基金项目“民营企业境外避税地投资与代理成本:作用机制与经济后果”(71962012);中国博士后面上项目“民营企业境外避税地投资与代理成本”(2019M662266);江西省博士后面上项目“资本市场参与度与区域产业结构调整”(2019RC04);中国教育审计协会项目“审计委员会协调视角下的内部审计创新研究”(XS-19-13)

The Negative Emotion of Medium and Small Investor Groups and Auditor's Response: A Study Based on the Opinions of the Small and Medium Investors' Expressed on the Stock Bar Platform

LI Shi-gang

Jiangxi University of Finance and Economics, Nanchang 330013, China

Received:2020-04-24 Revised:2020-09-05 Online:2020-11-15 Published:2020-12-10

摘要/Abstract

摘要： 以中小投资者在股吧平台发布的意见为基础,实证检验了审计师对中小投资者群体负面情绪的反应。研究发现:中小投资者群体负面情绪越强烈,审计师的审计收费越高,且越倾向于发表非标准无保留审计意见。机制研究表明:中小投资者群体负面情绪越强烈,越有可能通过网络新闻媒体而形成群体性舆论事件,从而提高上市公司受行政处罚的风险和会计师事务所被诉讼的风险,最终影响审计师的审计收费和发表非标准无保留审计意见的概率。调节效应检验发现:中小投资者群体负面情绪与审计师的审计收费和发表非标准无保留审计意见概率的关系会受新闻媒体负面报道和审计师行业专长的影响。

关键词: 中小投资者群体负面情绪, 审计时间投入, 审计收费, 审计意见

Abstract: On the basis of the opinions published on the stock bar platform by the small and medium investors(SMI), this paper empirically tests the responses of auditors towards the negative emotions of SMI groups. The results show that the more intense the negative sentiment of SMI groups is, the higher the auditors' auditing fee will be, and they will be more inclined to issue non-standard audit opinions without reserve. The result of a mechanism analysis shows that the stronger the negative sentiment of SMI groups are, the higher the probability of forming public opinion issues through network news media, thus more risks of listed companies being punished by administrative penalty and more risks of accounting firms being tied up in lawsuits will be seen; ultimately, the auditors' auditing fee will be affected and the probability of issuing non-standard audit opinions without reserve will be higher. The result of a regulating effect test shows that the relationship between the negative sentiment of SMI groups and auditors' audit fee and the probability of issuing non-standard audit opinions without reserve will be affected by the negative reports of news media and the professional

Key words: negative emotion of small and medium investor group, audit time investment, auditing fee, audit opinion

中图分类号:

F239.43

李世刚. 中小投资者群体负面情绪与审计师反应——基于中小投资者股吧意见的研究[J]. 当代财经, 2020, 0(11): 124-137.

LI Shi-gang. The Negative Emotion of Medium and Small Investor Groups and Auditor's Response: A Study Based on the Opinions of the Small and Medium Investors' Expressed on the Stock Bar Platform[J]. Contemporary Finance & Economics, 2020, 0(11): 124-137.

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