主题：Industry-Specific Knowledge Transfer in Audit Firms: Evidence from Audit Firm Mergers in China

        （审计事务所的特定行业知识转移：来自中国审计事务所合并的证据）

时间：2020年11月26日（周四）上午9：00

地点：会计学院楼301

参加对象：要求会计学硕一年级研究生参加，欢迎其他师生参加

摘要：

Using a difference-in-differences approach, we examine the effect of industry-specific knowledge transfer on audit performance after a merger of two Chinese audit firms with different levels of expertise in an industry. For clients in an industry audited by both merging audit firms, those audited by the audit firm less specialized in that industry belong to the treatment group, while all other clients belong to the control group. We find an economically significant improvement in audit quality (as reflected in a reduction in misstatements) for the treatment group relative to the control group in the same merged audit firm. We show that the treatment effect is not driven by changes in auditor incentives or personnel movement and is more pronounced when we expect stronger communication between the less and more specialized auditors after the merger. We caution that our findings are specific to China and may not generalize to other countries.

主讲人简介：

肖土盛，现任中央财经大学会计学院副教授，中央财经大学“青年龙马学者”，于2013年在上海财经大学获得博士学位。主要研究兴趣包括公司价值、信息披露、审计等资本市场相关的会计与财务问题。目前已在The Accounting Review（会计学国际顶尖期刊）、Journal of Corporate Finance、China Accounting and Finance Review、《管理世界》、《管理科学学报》、《经济学（季刊）》、《南开管理评论》、《会计研究》等国内外权威或重要期刊发表论文二十余篇。