| 英文摘要
| Recently, the research on the social relations in economic activities has gradually and increasingly became an academic research hot spot. More and more scholars develop their studies on the impact of the cases with relationship between two parties or multiple parties in economic activities. School ties, as one specific important social relations have splendid values to explore. At the same time, audit quality has always been a widely concerned issue in academic and practical circles. The study about how to improve audit quality has a long history and covers a wide range of aspects, but the research on the impact between social relations and audit quality is still slightly inadequate. In China, a society that attaches many importance to “interpersonal relation”, it is worth discussing whether the social relations will affect the audit quality.
This paper chooses the school ties in social relations as the research object. In the following section, I review the literature research on social relations and audit quality by scholars at home and abroad, put forward the hypothesis that school ties will affect audit quality, and make a more in-depth analysis on the impact of school ties and audit quality. After theoretical and empirical analysis, this paper validates the hypothesis based on the sample of A-share listed companies in China. The results show that (1) School ties will affect audit quality, and it has a negative impact.(2) Government regulation can restrain the impact of school ties to audit quality and weaken the effect of school ties. (3)Audit fees are positively correlated with audit quality, but school ties may undermine this positive correlation. Excessive audit fees may be the cost of collusion between management and accountants. Finally, at the end of this paper I bring forth some shortcomings when I wrote this paper and offer some proposals on how to do further study in the future. Moreover, I also provide some ideas on how to maintain higher independence in auditing and the supervision of government organs in practice. |
