Accounting firm reputation loss and audit fees: A quasi-natural experiment based on the employee whistleblowing incident
Description
It is the data of A-share listed companies from 2019 to 2020, excluding financial industry, ST, and missing data, which contain 13,661 company-year observations. The accounting standards of the financial industry are different from those of other industries, which leads to different characteristics of financial information risks in the financial industry. Correspondingly, the financial sector’s audit market is relatively independent. For example, auditors rarely move between the financial sector and other sectors. This leads to the reputation of the audit market in the financial sector also being independent. For the above two reasons, this dataset excludes samples from the financial industry. The data are obtained from the website Cninfo, which is for public information disclosure of Chinese listed companies.