Research on the Relationship between Abnormal Audit Fees of Listed Companies and the Risk of Stock Price Crash

Abstract

The large-scale stock price fluctuations that occur from time to time in the global stock market highlight the important research significance of stock price crash risk. Existing researches have paid little attention to the impact of abnormal audit fees on stock price crash risk. This article explores its relationship with stock prices from this perspective. The relationship between the crash risk and whether the abnormal audit fee can be used as an early warning signal for the company's stock price crash risk has enriched the related research on the influencing factors of the stock price crash risk and the early warning mechanism.