题目： The Demand for Auditor Reputation: Evidence from a Structural Model

演讲人： 朱爱勇（武汉大学 副教授）

时间：2022年3月15日（周二）12:00-13:00

ZOOM线上会议

会议号:85701499956

密码:910992

摘要：This study applies a structural approach to provide novel evidence on the demand for auditor reputation. Using the discrete choice model, our findings reveal that auditors involved in restatements suffer reputational losses, particularly at the audit firm level. Furthermore, we identify differential effects, e.g., that reputational losses are larger for Big 4 than non-Big 4 auditors. Using the parameters obtained in the demand estimation, we perform counterfactual analyses. We find that being involved in restatements results in reputational losses of up to 3.8 million US$ (0.1% of audit fees), associated with a market share loss of up to 4.3%.

个人简介：

朱爱勇，武汉大学副教授，德国University of Mannheim经济学博士学位。主要研究方向：资本市场审计需求和审计竞争。主持研究国家自然科学基金青年项目，同时已经发表论文在Review of Accounting Studies, The Accounting Review (forthcoming)。