時間：2018年11月27日（周二下午），14:00-16:15

地點：學院南路主教學樓1006大會議室

研讨會詳細議程：

14:00-15:00

報告一：Network Connectedness and the Spread of Audit Styles

報告人：王林 （香港中文大學）

摘要：Viewing audit teams as social groups of auditors, I utilize network analysis algorithm “n-clans” to identify clustering of CPAs, i.e., audit teams, based on individual collaboration history. Drawing upon social learning theory, I argue that team network connectedness, specifically network density and closeness, shapes the similarity in the audit style and audit pricing among team members and converges the audit behavior of each CPA to the style of the team. Exploiting a fixed-effect approach, I first validate the team construct by revealing the existence of team audit styles, which affects audit reporting, audited financial statements as well as audit fees in a significant manner. I then use the dispersion of discretionary accrual, audit reporting aggressiveness, and audit fee premium as inverse measures of audit style and audit pricing similarity, and find that highly connected teams exhibit lower within-team variation in audit outcomes and audit fees. This finding is robust to tests based on exogenous increases in network connectedness following audit firm mergers and acquisitions. Network density and closeness also strengthen the extent to which each team member’s audit outcomes and audit pricing converge to the style of the team. I extend prior literature by pointing out that audit team is a relevant unit for the analysis of audit service production and building up the link between the style of audit firm and individual auditors from a network perspective.

15:15-16:15

報告二：How Does Tax Avoidance Affect Corporate Transparency?

報告人：孫鲲鵬（清華大學）

摘要： This study examines how tax avoidance affects corporate transparency. Using a large sample of U.S. firms from 1995 to 2016, we find a significant non-linear effect of tax avoidance on transparency. That is, when a firm’s tax avoidance is low, an increase in tax avoidance improves transparency; however, when a firm’s tax avoidance is high, an increase in tax avoidance decreases transparency. These results are robust to using alternative measures of transparency and tax avoidance and in several additional tests. Overall, the findings suggest that the effect of tax avoidance on transparency depends on the level and aggressiveness of firms’ tax avoidance behavior. Our study contributes to the literature on the economic consequences of tax avoidance.

報告人簡介：

王林，香港中文大學會計學博士生，廈門大學會計學碩士，北京師範大學工商管理（會計學）學士，主要研究領域為審計、社交網絡、機構投資者、文化與會計信息等。在社交網絡和政治文化方面已形成一系列工作論文，并投至國際知名期刊。

孫鲲鵬，清華大學會計學博士生，中國人民大學經濟學學士，主要研究領域為企業避稅、媒體作用、公司治理等，研究成果被《管理世界》、《金融研究》、《投資研究》、《技術經濟》等期刊發表或錄用，曾參與國家自然科學基金等項目，并獲得研究生國家獎學金等獎項。