会计系学术讲座系列2021年第18讲

主 题：审计师责任，诉讼风险和公司避税：来自美国一个准自然实验的证据

主讲人: 陈旸旸

协调人: 张敏 汝毅

时 间：2021-10-27 10:00

地 点：线上腾讯会议

语 言：英文

地点：腾讯会议

https://meeting.tencent.com/dm/ZZv3EMgAOGQu

会议 ID：743 965 983

会议密码：1027

讲座摘要:

Exploiting the staggered changes in state-level auditor third-party liability in the U.S. as an exogenous shock, we examine the role that auditor litigation risk plays in shaping corporate tax avoidance. We find that firms significantly reduce their tax avoidance after an exogenous increase in their auditors’ litigation risk. The impact of increased auditor litigation risk on corporate tax avoidance is stronger for firms audited by Big 4 auditors, firms with higher ex ante litigation risk, and firms covered by more analysts. Additional evidence implies that the reduction in corporate tax avoidance after an increase in auditor litigation risk is associated with improvements to firms’ financial reporting transparency and information environment. We document a plausibly causal effect of auditor litigation risk on corporate tax policies.

主讲人简介:

Yangyang Chen joined City University of Hong Kong in Oct 2019. He received his PhD from University of Melbourne and worked at Hong Kong Polytechnic University and Monash University before joining. His research interests are in corporate finance and financial accounting, including management compensation, corporate innovation, audit quality and pricing, earnings management, corporate disclosure, and so on. His works have been published or accepted in The Accounting Review, Journal of Accounting Research, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Contemporary Accounting Research, Review of Accounting Studies etc.