CAJ | 학술논문

审计意见购买是学术界和监管部门都十分关注的话题，但以往研究多以单个上市公司为对象来研究审计师变更和审计意见购买，且国内外的经验研究一直未得到一致的结论。考虑到在新兴市场国家，企业集团是主要的企业组织形式，本文以企业集团作为一个整体进行研究，发现审计师对集团内任何一家上市公司出具非标准审计意见，可能导致集团内多家上市公司变更该事务所的审计业务；企业集团通过变更事务所能够实现审计意见改善。此外，变更对象不同，变更后果也不同，首次审计该集团业务的审计师更容易屈服于集团，更容易被收买。
심계의견구매시학술계화감관부문도십분관주적화제，단이왕연구다이단개상시공사위대상래연구심계사변경화심계의견구매，차국내외적경험연구일직미득도일치적결론。고필도재신흥시장국가，기업집단시주요적기업조직형식，본문이기업집단작위일개정체진행연구，발현심계사대집단내임하일가상시공사출구비표준심계의견，가능도치집단내다가상시공사변경해사무소적심계업무；기업집단통과변경사무소능구실현심계의견개선。차외，변경대상불동，변경후과야불동，수차심계해집단업무적심계사경용역굴복우집단，경용역피수매。
Opinion shopping has attracted extensive research in accounting. However, the results of empirical re- search have not yielded consistent conclusions. The conventional wisdom in the literature focused on the single pub- lic company to study audit switch and opinion shopping. In emerging markets, the business group is the main form of organization. This paper regards business group as a whole entity to analyze the impact of audit switch on audit o- pinion. We find that auditors will lose more than one clients within a business group if they issue modified opinion to a listed company in the business group. And the audit opinion can be improved if the business group switches the auditor. These findings imply that the business group successfully engages in opinion shopping.