CAJ | 학술논문

本文探讨审计委员会治理、避亏动机对上市公司年报审计意见类型以及不利审计意见改善和审计意见恶化的影响，考察审计委员会对公司管理层审计意见购买行为的治理作用。研究表明，设立审计委员会的上市公司年报被出具非标准审计意见的可能性更低，审计委员会独立性越高，上市公司年报被出具非标准审计意见和不利审计意见改善的可能性越低；在结合考虑避亏动机之后同样发现，审计委员会拥有双重的治理作用，在董事会中设立审计委员会并切实提高审计委员会的独立性和勤勉程度，不仅有助于提升上市公司财务报告的质量，而且亦有助于对拥有强烈避亏动机的管理层的审计意见购买行为进行较为有效的制衡。
본문탐토심계위원회치리、피우동궤대상시공사년보심계의견류형이급불리심계의견개선화심계의견악화적영향，고찰심계위원회대공사관리층심계의견구매행위적치리작용。연구표명，설립심계위원회적상시공사년보피출구비표준심계의견적가능성경저，심계위원회독립성월고，상시공사년보피출구비표준심계의견화불리심계의견개선적가능성월저；재결합고필피우동궤지후동양발현，심계위원회옹유쌍중적치리작용，재동사회중설립심계위원회병절실제고심계위원회적독립성화근면정도，불부유조우제승상시공사재무보고적질량，이차역유조우대옹유강렬피우동궤적관리층적심계의견구매행위진행교위유효적제형。
The paper discusses the impacts of audit committee governance and motivation of avoiding loss on the likelihood of receiving modified audit opinions, and of the improvement and deterioration of audit opinions and explores the governance effects of audit committee on audit opinion shopping of the management. Empirical analyses indicate that：（1） listed companies with audit committees have lower likelihood of receiving modified audit opinions than other listed companies; The independence of audit committee is significantly and negatively associated with the frequency of receiving modified audit opinions and the improvement of unfavorable audit opinions. （2） Audit committee has dual governance effect that the existence, independence and diligence degree of audit committee help to not only improve the quality of financial reports published by listed companies but also counterbalance behaviors of audit opinion shopping of the management, which has strong motivation of avoiding loss, after taking motivation of avoiding loss into consideration.