题　目：The Effect of Public Firm Audit Regulation on Private Firm Auditing: Audit-Partner-Level Evidence

嘉　宾：Lisa Yao Liu, Assistant Professor, Columbia University

主持人：张珂源 助理教授 上海交通大学安泰经济与管理学院

时　间：2023年12月06日（周三）14:00-15:30

地　点：上海交通大学 徐汇校区安泰楼A511室

内容简介:

Using partner-level data on audit adjustments for public firms and audit-opinion data for private firms, we study whether and how public firm audit regulation impacts audit partners’ private firm auditing practices. We exploit a regulation in China that applies only to public firm auditing and aims to increase transparency and rigor in audit procedures. Following the implementation of the regulation, audit partners issue more modified opinions for private firms. We explore two potential mechanisms through which audit partners treat private clients less leniently: knowledge transfer and increased professional skepticism. We find suggestive evidence consistent with both mechanisms. Collectively, our paper demonstrates that public audit regulations can have a positive spillover on private firms through audit partners.

演讲人简介：

刘瑶 (Lisa Yao Liu)，现在是哥伦比亚大学商学院会计系的助理教授。她获得了芝加哥大学布斯商学院的博士学位和工商管理硕士学位，以及杜克大学的经济学硕士学位，还有中国人民大学的工商管理学士学位。她的研究兴趣包括信息披露、审计、技术和创新。她的研究成果发表于Journal of Accounting and Economics 和 Journal of Accounting Research 等学术期刊。她的论文也在学术论文期刊会议上报告，比如Journal of Accounting Research Conference, Journal of Accounting and Economics Conference 和 Journal of Accounting Research Registered Report Conference。

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