企业碳风险如何影响审计定价——基于异常审计费用的研究

How Does Corporate Carbon Risk Affect Audit Pricing? —Evidence from Abnormal Audit Fees

中文关键词:  企业碳风险  异常审计费用  审计定价  审计师风险感知  经营风险  舞弊风险  诉讼风险

英文关键词:corporate carbon risk  abnormal audit fees  audit pricing  auditor risk perception  operational risk  fraud risk  litigation risk

中文摘要:

      随着“双碳”战略目标的实施,企业碳风险已成为利益相关者的关注重点,并影响到审计市场。利用2009—2020年中国A股上市公司数据,探究了企业碳风险对审计定价的影响及其机制。研究发现,企业碳风险提升,审计师收取的异常审计费用提高。机制分析发现,企业碳风险提升会导致其经营风险、舞弊风险和诉讼风险的增加,从而提高了异常审计费用。异质性分析发现,企业所在地区政府环境治理压力大、公众环境关注度高、纳入碳交易试点、数字化程度高,以及企业高管绿色认知高,企业碳风险对异常审计费用的正向影响更弱。因此,政府应加快建立碳排放信息披露和碳审计制度,并构建多方参与的企业碳风险治理监督网络,推动企业主动降低碳风险,助力绿色转型。

英文摘要:

      In line with implementing the “dual carbon” goals, corporate carbon risk has emerged as a key concern for stakeholders and is influencing the audit market. Using data from China's A-share companies from 2009 to 2020, this study investigates the impact of corporate carbon risk on audit pricing and its underlying mechanisms. The results indicate that higher corporate carbon risks are associated with increased abnormal audit fees.Mechanism analysis reveals that heightened carbon risks increase companies' operational, fraud, and litigation risks, consequently leading to higher abnormal audit fees. Heterogeneity analysis shows that strong government environmental governance pressure, strong public environmental concern, inclusion in carbon trading pilots, high corporate digitalization level, and executives' strong green awareness significantly moderate the relationship between carbon risk and abnormal audit fees. Therefore, the government should expedite the establishment of carbon emission disclosure and carbon audit systems while building a multi-stakeholder supervision network for corporate carbon risk governance,to incentivize voluntary carbon risk reduction and promote corporate green transformation. 