北京交通大学学报2017，Vol.16Issue(3)：39-53,15.
新三板企业审计质量与融资效率:声誉视角分析
Audit Quality and Financing Efficiency of the New OTC Enterprises: Reputation Analysis Perspective
摘要
Abstract
This study takes new OTC enterprises as the research object to demonstrate the correlation between audit quality of accounting information and corporate financing efficiency from the perspective of accounting firm reputation.By establishing a regression model,the study finds that,for enterprises of smaller-scale fixed investment,the financing amount are not significantly correlated with the fact whether they are audited by the top five accounting firms or not,while for those of larger-scale fixed investment,the financing amount are positively correlated and statistically significant.It also finds that the correlation between financing amount and the corporate scale are statistically significant:the larger the corporate scale,the higher thc financing amount,and the coefficient of the model is statistically significant.Moreover,the correlation between corporate finance,asset liability ratio and corpo rate profitability are statistically significant:the higher the asset liability ratio,the higher the corporate profitability and the lower the financing efficiency,and the coefficient of the model is statistically significant.To improve the efficiency of corporate finance,the enterprises should ensure the audit quality of accounting information,attach importance to the accounting firm reputation,and promote the effective transfer of accounting information in the new OTC market.关键词
新三板/会计师事务所声誉/企业融资效率/审计质量Key words
The New OTC Market/reputation of the accounting firm/enterprises' financing efficiency/audit quality分类
管理科学引用本文复制引用
沈忱,张立民..新三板企业审计质量与融资效率:声誉视角分析[J].北京交通大学学报,2017,16(3):39-53,15.基金项目
国家社会科学基金项目“持续经营审计意见对资本市场资源配置效率的影响机理研究”(15BGL051) （15BGL051）
审计署重点科研课题“论国家审计是国家治理的基础和重要保障”(15SJ01001) （15SJ01001）
天津市财政局重点会计科研项目“会计师事务所跨地区合并后的内部治理问题研究”(kjkyxm152801). （kjkyxm152801）
