变量

审计意见

审计事务所规模

(1)

(2)

(3)

(4)

CompAcct1

CompAcct2

CompAcct1

CompAcct2

IT

−0.0012^***

(−5.87)

−0.0014^***

(−6.36)

0.0003^***

(8.28)

0.0003^***

(7.86)

Opinion_IT

0.0015^***

(7.43)

0.0017^***

(7.86)

Big4_IT

−0.0005^***

(−3.74)

−0.0005^***

(−3.76)

Size

−0.0011^***

(−20.54)

−0.0012^***

(−20.51)

−0.0012^***

(−21.77)

−0.0013^***

(−21.78)

LEV

−0.0033^***

(−10.93)

−0.0036^***

(−10.82)

−0.0032^***

(−10.47)

−0.0035^***

(−10.35)

ROA

0.0198^***

(18.08)

0.0232^***

(19.38)

0.0211^***

(19.21)

0.0247^***

(20.61)

TOP1

0.0012^***

(3.96)

0.0013^***

(4.05)

0.0011^***

(3.54)

0.0012^***

(3.61)

Big4

−0.0019^***

(−7.85)

−0.0021^***

(−8.09)

DUAL

0.0002^**

(2.02)

0.0002^**

(2.26)

0.0002^**

(2.14)

0.0003^**

(2.39)

SOE

−0.0001

(−0.79)

−0.0001

(−1.03)

−0.0001

(−0.65)

−0.0001

(−0.87)

_cons

0.0155^***

(14.25)

0.0192^***

(15.99)

0.0172^***

(15.59)

0.0212^***

(17.36)

Ind& Year

Yes

Yes

Yes

Yes

adj. R2

0.374

0.289

0.366

0.280

F

238.3185

154.3850

241.4906

155.5920