Corporate Culture,accounting Information Quality And Audit Behavior

With the growth of the number and scale of listed companies in China,the corporate culture as the philosophical essence of the enterprise is increasingly concerned by the listed companies.Enterprise culture is vital to the survival and development of enterprises.Moreover,it has profound relation,but also has many links with the accounting information system.Because enterprise culture by nature is an invisible constrain and not measurable with data,empirical research on the influence of enterprise culture on the accounting information quality is sparse.In order to ensure the quality of accounting information,accounting firms audit the accounting information of listed companies.So far,there is no unified conclusion of the relationship between accounting information quality and audit behavior.Based on the above background,the following questions are raised: Can the good or bad corporate culture influence the quality of accounting information? Does the quality of accounting information have an impact on audit behavior? Does corporate culture influence audit behavior? If corporate culture influences audit behavior,does accounting information quality play an intermediary role in it? Does the quality of accounting information play a regulating role in the process of corporate culture influence audit behavior?In order to solve the above problems,this paper adopts the method of theoretical analysis and empirical test,and selects A-share listed companies from 2012 to 2016 as the research samples.The samples were screened according to the following principles :(1)exclude ST and *ST companies.Because these companies are often poor financial situation and management ability,the accounting information quality and auditing behavior often appear abnormal,the sample is not representative,so eliminate ST and * ST company.(2)exclude financial listed companies.Due to the differences of accounting methods,accounting disclosure and other factors,financial enterprises are not suitable for regression analysis,so as to reduce interference,eliminate them.(3)exclude listed companies with missing data of major financial indicators.(4)exclude other companies with incomplete data of control variables.(5)in order to eliminate outliers,the continuous variables of all regression models were processed by WINSORIZE in the sample 1% and 99% quantile.After screening,a total of 12327 sample data was obtained.The data mainly comes from the WIND database and the enterprise culture strength data,which is collected by hand through the annual report and social responsibility report of listed companies from 2012 to 2016.During the data collection and consolidation phase,the data was processed by using the Excel software and in the data analysis phase,the data were processed and analyzed by using the Stata12.0 software.The results show that(1)the more the listed companies attach importance to the construction of corporate culture,the higher the quality of accounting information will be.(2)there is no significant correlation between the quality of accounting information and the audit opinion,indicating that the quality of accounting information is not related to whether the standard audit opinion is issued;The quality of accounting information is negatively correlated with the audit fee,indicating that the better the quality of accounting information is,the lower the audit fee is.(3)the better the corporate culture,the easier it is for accounting firms to issue standard audit opinions;Corporate culture and audit fees have an inverted "U" form relationship.With the improvement of corporate culture,the audit fee increases first and then decreases.(4)in the case of standard audit opinions and non-standard audit opinions,there are significant differences in the operating status,financial results and operation of listed companies.(5)the quality of accounting information in the process of corporate culture-quality of accounting information-the audit opinion and in the process corporate culture-quality of accounting information-the audit fee,plays a role of intermediary,and plays a role of partial mediation.(6)the quality of accounting information plays a inverse regulatory role in the process of corporate culture influence the audit opinion,that is,when the quality of accounting information is poor,the influence of corporate culture on audit opinion is more significant;It is not found that the quality of accounting information can regulate the audit fee.These conclusions have some enlightening significance for strengthening enterprise culture construction,improving accounting information quality and improving audit behavior.Innovation points of the thesis: Study the influence of corporate culture on the quality of accounting information in an empirical way.The literature on the relationship between corporate culture and audit behavior is still lacking.In this paper,we will study the relationship among enterprise culture,accounting information quality and audit behavior.The empirical method is used to demonstrate whether the quality of accounting information plays an intermediary role or regulatory role in the impact of corporate culture on audit behavior.