| Issue |
E3S Web Conf.
Volume 409, 2023
International Conference on Management Science and Engineering Management (ICMSEM 2023)
|
|
|---|---|---|
| Article Number | 05012 | |
| Number of page(s) | 10 | |
| Section | Economic and Social Effects | |
| DOI | https://doi.org/10.1051/e3sconf/202340905012 | |
| Published online | 01 August 2023 | |
Impact of Sharing Auditors with Related Party on the Time-liness of Financial Report
Business School, Sichuan University, Chengdu 610065, People’s Republic of China
* e-mail: 1059421854@qq.com
With the development of sharing economy, shared auditors have become the penetration and embodiment of the shared economic model in the audit market. This paper takes the A-share listed companies in Shanghai and Shenzhen stock markets from 2009 to 2016 as a sample, and empirically examines the impact of shared auditors of related party on the timeliness of financial report. The study finds that the impact of related party sharing auditors on the timeliness of financial report is not significant in the full sample. The role of shared auditors of related parties is affected by audit firms size and the nature of companies. The shared auditors from Big-4 audit firms and shared auditors of private enterprises have a significant positive effect on the timeliness of financial report. The conclusion provides empirical evidence for the effect of shared auditors of related party and policy enlightenment for improving audit quality and corporate governance.
Key words: Shared auditor / The timeliness of financial report / Financial markets / Regression analysis
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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