The impact of industry technology complexity on audit quality

IF 10.1 1区社会学 Q1 SOCIAL ISSUES Technology in Society Pub Date : 2024-10-15 DOI:10.1016/j.techsoc.2024.102737

Jianmin Liu , Qin Xia

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Abstract

With the continuous upgrading of Chinese industries, industry technology complexity has increased dramatically, to which audited units and audit subjects have adaptive responses, affecting audit quality. However, relevant studies have not been conducted. This paper takes A-share listed companies from 2007 to 2021 as a sample to investigate the impact of industrial technology complexity on audit quality and its mechanism. It is found that industry technology complexity can significantly enhance audit quality; in enterprises at the front-end of industrial technology, industry technology complexity has a more significant role in promoting audit quality. Adopting the demonstration zone for the transfer and transformation of scientific and technological achievements as an exogenous impact policy, the study finds that the impact of industry technology complexity on audit quality still holds. Further research finds that the adaptation of audited units and audit subjects to industry technology complexity has a positive incentive effect on audit quality. The findings extend the audit consequences of industrial technology complexity and provide empirical evidence for the role of industrial technology complexity in enhancing audit quality.

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行业技术复杂性对审计质量的影响

随着中国产业的不断升级，行业技术复杂程度急剧增加，被审计单位和审计对象对此有适应性反应，影响了审计质量。然而，相关研究尚未开展。本文以2007-2021年A股上市公司为样本，研究产业技术复杂性对审计质量的影响及其机制。研究发现，产业技术复杂度能够显著提升审计质量；在处于产业技术前端的企业中，产业技术复杂度对审计质量的促进作用更为显著。采用科技成果转移转化示范区作为外生影响政策，研究发现行业技术复杂度对审计质量的影响仍然成立。进一步研究发现，被审计单位和审计对象对产业技术复杂性的适应性对审计质量有正向激励作用。研究结果拓展了产业技术复杂性的审计后果，为产业技术复杂性在提高审计质量方面的作用提供了经验证据。

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来源期刊

Technology in Society Multiple-

CiteScore

17.90

自引率

14.10%

发文量

316

审稿时长

60 days

期刊介绍： Technology in Society is a global journal dedicated to fostering discourse at the crossroads of technological change and the social, economic, business, and philosophical transformation of our world. The journal aims to provide scholarly contributions that empower decision-makers to thoughtfully and intentionally navigate the decisions shaping this dynamic landscape. A common thread across these fields is the role of technology in society, influencing economic, political, and cultural dynamics. Scholarly work in Technology in Society delves into the social forces shaping technological decisions and the societal choices regarding technology use. This encompasses scholarly and theoretical approaches (history and philosophy of science and technology, technology forecasting, economic growth, and policy, ethics), applied approaches (business innovation, technology management, legal and engineering), and developmental perspectives (technology transfer, technology assessment, and economic development). Detailed information about the journal's aims and scope on specific topics can be found in Technology in Society Briefings, accessible via our Special Issues and Article Collections.