审计师退出与公司绩效：有联系吗？

IF 1.2 Q3 BUSINESS, FINANCE Journal of Emerging Market Finance Pub Date : 2023-02-05 DOI:10.1177/09726527221144486

Saibal Ghosh

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引用次数: 0

摘要

利用2011-2020年公司层面的数据，我们探讨了审计师离职对公司业绩的影响。将盈利能力和增长作为结果变量，研究结果表明，审计师的离职会导致利润下降，但增长前景不会受到不利影响。然而，公司的股票回报在短期到中期都会受到不利影响。这种影响因所有权而异，尤其是当采用互动效果时。在这些原因中，辞职和管理层的不合作对公司行为最为不利。JEL代码：G 32；M 42

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Auditor Exits and Firm Performance: Is There a Link?

Employing firm-level data for 2011–2020, we explore the impact of auditor exit on firm performance. Using profitability and growth as outcome variables, the findings suggest that auditor exit leads to a dampening of profit, but growth prospects are not adversely affected. However, firms’ stock returns are adversely impacted over the immediate to medium term. This impact differs across ownership, especially when interactive effects are taken on board. Among the reasons, resignations and noncooperation by management are most detrimental to firm behavior. JEL Codes: G 32; M 42

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来源期刊

Journal of Emerging Market Finance BUSINESS, FINANCE-

CiteScore

1.80

自引率

33.30%

发文量

期刊介绍： The Journal of Emerging Market Finance is a forum for debate and discussion on the theory and practice of finance in emerging markets. While the emphasis is on articles that are of practical significance, the journal also covers theoretical and conceptual aspects relating to emerging financial markets. Peer-reviewed, the journal is equally useful to practitioners and to banking and investment companies as to scholars.