A Study On The Influence Of Board Of Directors On The Selection Of Auditors

In recent years,with the rapid development of our economy,our country more and more companies listed on the gem,good reputation and image of listed company can improve its economic benefit,and on the growth enterprise market of the listed company to choose "top ten" certified public accountants audit,can increase more outside investors and the public's trust on it.High quality auditors can reveal the management possible fraud and conspiracy to opportunistic behavior,can also act as a constraint management,reduce the gem listed companies the role of agency cost.Therefore,the board of directors can assist the company to supervise and control the company by employing high-quality auditors,thus promoting the efficiency of the enterprise and ensuring the quality of audit supervision.This article through studying the board characteristics and the relationship between the auditor choice,urging improvement and gem listed company's financial information to optimize the management of the enterprise,optimizing the structure of the board of directors of the listed company,prudent choice auditors.In this paper,using data from 2013-2016 to study the gem the board of directors of the listed company's characteristics and the relationship between the auditor choice,through empirical study found that the gem characteristics of the board of directors of the listed companies will affect the auditor's choice.The results show that the number of board meetings is positively correlated with the high quality auditor.The separation between the chairman and the general manager is negatively correlated with the high quality auditor.The top three board salaries are positively correlated with high-quality auditors;The number of board members is negatively correlated with high-quality auditors.In this paper,the gem the board of directors of the listed company put forward to ensure the proper degree of diligence,ensure the proper scale of board of directors,the reasonable adjustment company leadership structure,the implementation of the appropriate members of the board of directors incentive plans,standardize auditor industry regulations,standardize the auditor's legal responsibility,improve the quality of internal and external audit.