Investment-Related Pressure and Audit Risk
研究审计师是否将客户管理层面临的市场压力视为审计风险因素，发现受投资相关压力影响的公司审计费用和审计延迟增加更多。
SUMMARY This study examines whether auditors regard market pressure on client management as contributing to audit risk. The literature suggests that when management jobs are threatened by negative market reaction to poor mergers and acquisitions investment, managers are more likely to misstate financial statements in the post-investment period due to pressure on their job security (Bens, Goodman, and Neamtiu 2012). We find that firms under such investment-related pressure experience larger increases in audit fees and audit lags in the post-investment period. Our findings suggest that auditors perceive market pressure on client management as a risk factor, as recommended by Statement on Auditing Standards (SAS) No. 99.