• DocumentCode
    2242709
  • Title

    Industry specialization, learning effect and audit firms´ management model

  • Author

    Nan-wei, Hu ; Qiang, Cao

  • Author_Institution
    Sch. of Manage., China Univ. of Min. & Technol., Xuzhou, China
  • fYear
    2011
  • fDate
    13-15 Sept. 2011
  • Firstpage
    863
  • Lastpage
    868
  • Abstract
    Audit firm is an important entity in capital market, and its management model influence its function. According to the development experience of foreign large audit firm and the guidelines of new audit standard in China, our audit firm should implement the industry specialization management model. This study wants to research the relationship between industry specialization of management model and audit quality in China. The empirical result shows: industry specialization not only has positive influence for audit quality in China´s capital market, but also, interestingly, the industry specialization implemented by China´s audit firm has a “very fast” learning effect, which can improve the audit quality more effectively. We believe that this study provide the empirical evidence for the future management model of our audit firm and the future policy of regulator in China.
  • Keywords
    auditing; financial management; organisational aspects; China capital market; audit firm management model; future management model; industry specialization management model; learning effect; Companies; Educational institutions; Industries; Linear regression; Materials; Portfolios; Regulators; audit firm; audit quality; industry specialization; learning effect; management model;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Engineering (ICMSE), 2011 International Conference on
  • Conference_Location
    Rome
  • ISSN
    2155-1847
  • Print_ISBN
    978-1-4577-1885-4
  • Type

    conf

  • DOI
    10.1109/ICMSE.2011.6070061
  • Filename
    6070061