Institutional Investors, ESG Performance, and Audit Quality

Shuyue Wang, Yajuan Shangguan, Rong Men

2022

Abstract

In the process of promoting the high-quality development of China's economy, investors are paying increasing attention to the ESG performance and audit quality of listed companies. This paper empirically examines the impact and the mechanisms of institutional investors on audit quality, using Chinese A-share listed companies from 2015 to 2020 as the research object. The study finds that the higher overall shareholding of institutional investors, the higher audit quality of listed companies; and that the ESG performance of firms plays an intermediary role in mediating the influence of institutional investors on audit quality protocols. The heterogeneity test finds a more significant role of stable institutional investors in improving audit quality. The research conclusions enrich the relevant literature in the area of institutional investors and audit quality, and provide empirical evidence for strengthening ESG disclosure regimes.

Paper Citation

in Harvard Style

Wang S., Shangguan Y. and Men R. (2022). Institutional Investors, ESG Performance, and Audit Quality. In Proceedings of the 4th International Conference on Economic Management and Model Engineering - Volume 1: ICEMME; ISBN 978-989-758-636-1, SciTePress, pages 95-101. DOI: 10.5220/0012026400003620

in Bibtex Style

@conference{icemme22,
author={Shuyue Wang and Yajuan Shangguan and Rong Men},
title={Institutional Investors, ESG Performance, and Audit Quality},
booktitle={Proceedings of the 4th International Conference on Economic Management and Model Engineering - Volume 1: ICEMME},
year={2022},
pages={95-101},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0012026400003620},
isbn={978-989-758-636-1},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 4th International Conference on Economic Management and Model Engineering - Volume 1: ICEMME
TI - Institutional Investors, ESG Performance, and Audit Quality
SN - 978-989-758-636-1
AU - Wang S.
AU - Shangguan Y.
AU - Men R.
PY - 2022
SP - 95
EP - 101
DO - 10.5220/0012026400003620
PB - SciTePress