证券市场导报Issue(12)：56-67,77,13.
"耳闻目见,不如足践":审计委员会独董现场履职频率研究
摘要
Abstract
Based on detailed data on the attendance of audit committee independent directors at board meetings of A-share listed companies from 2010 to 2022,this paper examines the factors influencing the on-site attendance of audit committee independent directors and the economic consequences.The study finds that independent directors who are older,have an academic background,base in the same location as the company headquarters,serve as conveners,hold fewer concurrent positions,and have lower levels of busyness are more likely to attend meetings in person.The more attention paid by audit committee independent directors to on-site attendance,the higher the quality of internal controls and the timelier the annual report disclosures.Further analysis reveals that the audit committee-accounting firm interlocking and regional auditing expertise can enhance the positive effects of independent directors'on-site attendance.The emphasis on in-person participation by the audit committee convener helps mitigate delays in financial disclosures.The higher the frequency of on-site attendance by independent directors,the lower the likelihood of the company receiving negative disclosure evaluation results,the lower the degree of information asymmetry,and the lower the probability of financial misconduct.Meanwhile,this study suggests that the proliferation of virtual meetings may inflate attendance rates of independent directors and create a false appearance of diligence,which provides references for deepening the understanding of the reform measures of the independent director system in China.关键词
独立董事/独董新规/审计委员会/现场履职/会计信息及时性/内部控制Key words
independent directors/new regulation on independent directors/audit committee/on-site attendance/timeliness of accounting information/internal control分类
管理科学引用本文复制引用
冯秋樵.."耳闻目见,不如足践":审计委员会独董现场履职频率研究[J].证券市场导报,2024,(12):56-67,77,13.基金项目
中央高校基本科研业务费(项目编号:2023ZY-SX012) （项目编号:2023ZY-SX012）
