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Academic Journal of Business & Management, 2021, 3(10); doi: 10.25236/AJBM.2021.031014.

An Empirical Study on the Influencing Factors of SSE A-Share Firms Audit Fees----Based on 2017-2019 data

Author(s)

Xi Ying1, Dan Xu2

Corresponding Author:
Xi Ying
Affiliation(s)

1University of Shanghai for Science and Technology, Shanghai, 201210, China

2Shenzhen University, Shenzhen, 518060, China

Abstract

In this paper, 718 listed companies in the A-shares of SSE are studied, using the relevant data from 2017-2019, identifying explanatory variables and constructing multiple linear regression models from the influence of both internal and external factors on corporate audit fees. The empirical results indicate that whether the external auditor is Big Four, the size of the board of directors, the size of the supervisory board, and the financial leverage all show a positive correlation with corporate audit fees. Therefore, this paper recommends that enterprises strengthen risk management and improve their governance structure to effectively reduce audit costs while ensuring audit quality.

Keywords

SSE A shares, Audit fees, Influencing factors, Regression model

Cite This Paper

Xi Ying, Dan Xu. An Empirical Study on the Influencing Factors of SSE A-Share Firms Audit Fees----Based on 2017-2019 data. Academic Journal of Business & Management (2021) Vol. 3, Issue 10: 78-81. https://doi.org/10.25236/AJBM.2021.031014.

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