讲座题目：Auditor Reputation Concerns, Human Capital Investment, and Audit Quality
主讲人：刘雪娇 对外经济贸易大学国际商学院 教授
This paper examines audit offices’human capital investment in response to a reputation loss and the resulting effect on audit quality. We document that after client restatement announcements, audit offices attempt to acquire human capital and talent by posting more audit-related job positions. The increase in job postings is concentrated among more senior and experienced positions, and follows restatements with negative market reactions. It is not driven by replacement hiring due to auditor departures and is associated with more auditors joining the office. Audit personnel salaries also increase in response to client restatement announcements. These human capital investments reduce the contagion effect of low-quality audits and the losses in local market share, supporting improvements in audit quality and auditor reputation.
刘雪娇，对外经济贸易大学国际商学院教授、博士生导师。研究方向为审计、财务会计，研究成果发表于Review of Accounting Studies (Forthcoming), Contemporary Accounting Research, Journal of Corporate Finance, Journal of Business Finance & Accounting, Journal of Business Ethics, Abacus。主持国家自然科学基金面上及青年项目。