主讲人Speaker: 吴东辉  教授   香港中文大学

时间Date & Time: 2025年9月26日（周五），10:00--11:30

地点Venue:粤海校区汇星楼565会议室

内容简介/ Abstract:

This study investigates whether firms can improve operational efficiency by leveraging auditors’ integrated audit experience. We find that such experience is significantly associated with higher overall operational efficiency. To strengthen identification, we exploit the staggered implementation of mandatory internal control audits and provide robust evidence of the positive impact of integrated audit experience on client operational efficiency. Heterogeneity analyses reveal that this effect is more pronounced for firms with greater information needs and for auditors with substantial informational supply. Further, the effect is stronger when auditors gain integrated audit experience from efficiency-leading clients, and it manifests through more efficient asset management, better acquisitions, improved cost control, enhanced innovation, and stronger revenue performance. Highlighting the value of auditors extends beyond the traditional assurance role, we contribute to the audit literature by identifying a key channel through which auditors can gain operational insights and influence client operational performance.

主讲人介绍/Biography of the speaker：

吴东辉，香港中文大学商学院教授，公司治理中心(CIG)主任。深耕于以中国为背景的会计、审计与财务问题研究，吴教授既推动了众多关于中国的研究问题登上国际学术舞台，也促进了相关理论的本土化研究。吴教授的研究有很强的创新性与影响力，他的研究成果亦为业界审计准则制定所借鉴，对实务产生影响。吴教授目前是China Journal of Accounting Research (《中国会计学刊》)的副主编、Contemporary Accounting Research的编辑与《会计学季刊》的创刊主编.