审计
公司治理
业务
集团
中国
机构投资者
质量(理念)
质量审核
会计
财务
政治学
心理学
社会心理学
认识论
哲学
法学
标识
DOI:10.1080/13504851.2023.2208831
摘要
Based on the theory of social network, this paper studies the relationship between institutional investor clique and audit quality. Existing literature has found that institutional investors and audit quality are positively correlated. 1 Based on the data of Shanghai and Shenzhen A-share listed companies from 2010 to 2020, this paper examines the relationship between institutional investor clique and audit quality. The result shows that the higher the ratio of shares held by institutional investor clique, the higher the audit quality. The influence mechanism shows that institutional investor clique can affect audit quality by alleviating information asymmetry. The mechanism provides new empirical evidence for the governance effect of institutional investor clique and contributes to understand the governance effect of institutional investor clique.
科研通智能强力驱动
Strongly Powered by AbleSci AI