A Research On The Interactive Relation And Governance Mechanism Of Audit Stakeholder

Audit stakeholders are the cooperative groups in certain interactive structure who conclude explicit or implicit contract of audit for gaining real and reliable information, such as auditors, shareholders, managers, creditors, employees, suppliers, clients and government. Corporation financial fraud blemishes audit stakeholder's interest in microeconomic through influencing audit stakeholder's decision-making efficiency, and results in low efficiency of audit resource allocation, even failure in audit information market in macroeconomic. This thesis defines the connotation of audit stakeholder, reveals audit stakeholder's interactive relation based on stakeholder theory and S-C-P theory,analyzes the game of intrests among audit stakeholders based on cooperative game theory, puts forward governance mechanism and strategies to improve the interactive relation of audit stakeholder.This thesis discusses some issues about interactive relation and governance mechanism of audit stakeholders with the research thought of posing problem, analyzing problem and solving problem. Firstly, the thesis analyzes the research background and research meaning, commentates on the stakeholder theory and governance mechanism at home and abroad, expounds the basic theory of the study, including Stakeholder Theory, S-C-P Theory, Game Theory– Cooperative Game Theory. Secondly, the thesis advances the definition and characteristics of audit stakeholder based on stakeholder theory, on this basis it reveals audit stakeholder's interactive relations of structure, conduct and performance based on the method of S-C-P. The interaction of structure shows that the structure of audit market and organization structure are unreasonable, the interaction of conduct is cooperation and competition of audit stakeholders, and the interaction of performance is that audit stakeholders cooperate to pursue maximization of integral interests. Thirdly, the thesis mainly makes cooperative game analysis in the audit stakeholders. Finnaly, it puts forward governance mechanism such as structure governance, harmony governance, core competence governance, honesty governance and self-discipline governance to ensure maximization of integral interests of all audit stakeholders based on governance theory. At the same time, it proposes some strategies to improve the interactive relation of audit stakeholders.This thesis gives a research on the audit Stakeholder's interactive relations of structure, conduct and performance based on the method of S-C-P, makes game analysis for it , and constructs certain governance mechanism to regulate the alienated behaviors such as auditing collusion and rent-seeking.The application of stakeholder theory and governance mechanism in social auditing is significant to determine the motivation and conduct of audit stakeholders, strengthen their cooperation, to ensure the quality of auditing information, and to improve the allocation efficiency of auditing resources,to build a harmony and multi-win pattern among audit stakeholders.In our research, we aims at enriching and expanding the audit behavior theory and guiding the audit practice.