Artikel
The impact of the Social Security Fund on auditor litigation risk
In this study, we examine the effect of the Social Security Fund on auditor litigation risk. Using audit fees as a proxy for auditor perceptions of litigation risk, we find that the Social Security Fund significantly reduces auditor litigation risk. Furthermore, we show that the Social Security Fund influences auditor litigation risk through reducing both the audit risk and the business risk of public companies. In addition, the impact of the Social Security Fund for reducing auditor litigation risk is more obvious in the group of firms with low levels of internal governance, which indicates that the Social Security Fund plays an important governance role as a high-quality institutional investor. In summary, we verify that the Social Security Fund, when acting as an institutional investor, plays an important role in corporate governance, and that it helps to reduce auditor litigation risk. Our results provide empirical support for expanding the governance role of the Social Security Fund as an institutional investor in China's A-share market.
- Sprache
-
Englisch
- Erschienen in
-
Journal: China Journal of Accounting Research ; ISSN: 1755-3091 ; Volume: 13 ; Year: 2020 ; Issue: 2 ; Pages: 201-221 ; Amsterdam: Elsevier
- Klassifikation
-
Management
- Thema
-
Auditor litigation risk
External corporate governance
Institutional investors
Social Security Fund
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Zhu, Lei
Zheng, Qianwen
- Ereignis
-
Veröffentlichung
- (wer)
-
Elsevier
- (wo)
-
Amsterdam
- (wann)
-
2020
- DOI
-
doi:10.1016/j.cjar.2020.05.002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Zhu, Lei
- Zheng, Qianwen
- Elsevier
Entstanden
- 2020
Ähnliche Objekte (12)
Footprinting for security auditors
The Vioxx Litigation: Part I
The Vioxx Litigation: Part II
Auditor liability rules under imperfect information and costly litigation : the welfare increasing effect of liability insurance
The Volume of Federal Litigation and the Macroeconomy
Corporate Litigation
Corporate Litigation
Jackpot Justice: The Value of Inefficient Litigation
The Transformation of European Climate Change Litigation
The Article 50 Litigation and the Court of Justice
The Article 50 Litigation and the Court of Justice
Learning to litigate: The relationship between past litigation experience and litigation outcomes in the Chinese intellectual property system
Footprinting for security auditors
The Vioxx Litigation: Part I
The Vioxx Litigation: Part II
Auditor liability rules under imperfect information and costly litigation : the welfare increasing effect of liability insurance
The Volume of Federal Litigation and the Macroeconomy
Corporate Litigation
Corporate Litigation
Jackpot Justice: The Value of Inefficient Litigation
The Transformation of European Climate Change Litigation
The Article 50 Litigation and the Court of Justice
The Article 50 Litigation and the Court of Justice
Learning to litigate: The relationship between past litigation experience and litigation outcomes in the Chinese intellectual property system
Footprinting for security auditors
The Vioxx Litigation: Part I
The Vioxx Litigation: Part II
Auditor liability rules under imperfect information and costly litigation : the welfare increasing effect of liability insurance
The Volume of Federal Litigation and the Macroeconomy
Corporate Litigation
Corporate Litigation
Jackpot Justice: The Value of Inefficient Litigation
The Transformation of European Climate Change Litigation
The Article 50 Litigation and the Court of Justice
The Article 50 Litigation and the Court of Justice