臺大管理論叢 NTU Management Review VOL.30 NO.2

Do Government Initiatives and Reasons for Auditor-Client Realignment Influence Audit Fees and Audit Quality? Evidence from China 248 Table 9 E ff ects of Reasons for Auditor-Client Realignment and of the Governmental Initiative on Audit Quality (Change Model) Variable Coefficient p -value Intercept -2.654 <0.001 Intercept 2 1.468 <0.001 REASON_CLIENT 0.022 0.939 REASON_CPA 1.100 <0.001 REASON_GOV 0.542 0.151 POST_2007 0.208 0.148 REASON_CLIENT × POST_2007 -0.062 0.851 REASON_CPA × POST_2007 -0.892 0.005 REASON_GOV × POST_2007 -0.602 0.159 D_LNTA -0.302 0.005 D_QUICK 0.005 0.910 D_RECTA -0.815 0.162 D_INVTA -1.028 0.091 D_DA 0.069 0.276 D_TURNOVER 0.069 0.745 D_ROA -0.709 0.226 D_LOSS 0.466 <0.001 D_ADJRETURN -0.144 0.038 D_BETA 0.306 0.101 D_STDRET 10.890 0.030 D_EM 0.303 0.002 D_CIFIRM 1.861 0.115 D_CICPA 0.874 0.054 D_EXPFIRM -0.009 0.959 D_EXPCPA -0.443 0.499 D_SIZEFIRM 0.000 0.975 D_SIZECPA 0.001 0.148 D_LMAO -1.606 <0.001 D_LEGALFORMLLP -0.059 0.787 D_LEGALFORMLLC 0.076 0.630 TOP10 0.043 0.848 LOCAL -0.115 0.607 STATE 0.134 0.248 CMI 0.005 0.872 GDI 0.027 0.623 LEI 0.001 0.974