Environmental Pollution,charitable Donation And "Clean" Audit Opinion

The topic of social responsibility is closely connected with people's life.It has been preparing the audience attention and is the focus of the study.The enterprise charitable donation is one of the important form of corporate social responsibility and has the important influence to enterprise's economic activities.Whether the auditor's audit opinion is influenced by the enterprise charitable donation? This paper attempts to make an empirical analysis using the A-share market.Choosing 9960 listed companies in Shanghai and Shenzhen A-share market from 2008 to 2015,the paper tries to examine the relationship among environmental pollution,charitable Donation and "clean" audit opinion.The results show that:(1)Charitable donations and "clean" audit opinions are positively related,the more donations,the more probability of "clean" audit opinions.(2)Distinguish between corporate environmental pollution,compared to the non-polluting enterprises,the probability of "clean" audit opinion of the charitable donation of the heavy pollution enterprise is relatively low.(3)The results of grouping test to distinguish ownership type show that there is no substantial difference in the probability of obtaining "clean" audit opinion between state-owned and non-state-owned enterprises.From the perspective of auditor audit opinion,this paper explores relationship between the enterprise charitable donation and the auditor issued between "clean" audit opinions.There was a significant positive correlation,enrich the existing literature on the economic consequences of charitable donations.Further extension of the new exhibition from the perspective of environmental pollution,the environmental pollution of different enterprise charitable donation effects the auditor's opinion mechanism and gives the corresponding empirical evidence.It enriches the existing literature of CSR.