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The Contagious Effect of Shared Auditors on Importance of Financial Auditing—A Study Based on the Moderating Role of Accounting Firm Size
Received date: 2024-11-15
Online published: 2025-06-17
The paper takes the a-share listed companies in China from 2018 to 2022 to investigate the contagion effect of shared auditors on the importance of financial audit, and calls the enterprises with higher or lower importance level as connected companies, and the enterprises with shared auditors with the connected companies as connected companies. The study found that when the connected company is in the same industry as the connected company, companies with shared auditors with higher importance linked companies (linked companies), its importance level is also high compared to other companies (non-connected companies), that is, shared auditors have a contagion effect on the importance of financial audit under the high importance level. And when accounting firms are large, the positive correlation between the contagion effect of shared auditors on the importance level of financial audit is weakened. When the connected company is in the same industry as the connected company, shared auditors do not have a contagion effect at a low importance level. When the connected company and the connected company are not in the same industry, shared auditors do not have an infectious effect on the importance of financial audit.
ZHENG Shiqiao , NI Jiaxin . The Contagious Effect of Shared Auditors on Importance of Financial Auditing—A Study Based on the Moderating Role of Accounting Firm Size[J]. Finance & Economics of Xinjiang, 2025 , 0(2) : 58 -70 . DOI: 10.16716/j.cnki.65-1030/f.2025.02.006
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