Time/时间：2020.12. 11 10:00-11:30
Venue/地点：Room 501, Jiageng Building 2/嘉庚二号楼501教室
Topic/题目：Leader versus Lagger: How the Timing of Financial Reporting Affects Audit Quality and Investment Efficiency
Speaker/报告人：Nanqin LIU/刘南钦
Abstract/摘要：This paper examines how the relative timing affects the quality of financial reports in a staggered reporting system. We show that the audit quality of the leader firm exceeds that of the lagger. Investment efficiency also differs systematically across firms depending on the relative reporting timing as well as the ownership structure of audit firms. We characterize optimal auditing standards and show, as regulatory tools, how imposing minimum audit quality requirement and adjusting auditors' legal liability complement and/or substitute.
报告人简介：刘南钦，现任厦门大学财务管理与会计研究院助理教授，主要研究兴趣是审计和分析性会计研究。