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6019企业借助复杂的通道业务融资掩盖真实负债水平，不仅降低了会计信息质量，还会导致实体经济的杠杆率被严重低估，从而成为影响微观企业与宏观经济稳定发展的潜藏危机。利用《资管新规》“去通道”的外生冲击，本文研究了通道业务监管对审计定价的影响。研究发现，《资管新规》发布后，原先使用通道融资的企业支付的审计费用显著降低。异质性分析表明，当企业更倾向于隐藏负债和规避监管以及审计师的专业能力较弱时，加强通道业务监管降低审计费用的作用越大。路径分析显示，加强通道业务监管通过降低审计风险和审计成本导致审计费用下降。本文揭示了金融监管在提升微观企业会计信息质量方面的积极作用，为监管机构、审计师及企业决策提供了重要参考。
通道业务监管与审计定价——来自《资管新规》的证据
摘要
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引用本文
曾嶒, 何思怡. 通道业务监管与审计定价——来自《资管新规》的证据[J]. 外国经济与管理, 2025, 47(9): 137-152.
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