An Empirical Inquiry into the Impact of Data Factorization on National Audit Quality
National auditing plays a crucial role in the evolution towards a modernized national governance framework.Within the context of the digital economy,accurately grasping the confluence of"data factoriza-tion"and"modernization of governance"and exploring the impact of data factorization on national audit quality is of significant importance for enhancing the supervisory effectiveness of national audits.This study utilizes provincial panel data from China over the period from 2009 to 2020 to empirically investigate the impact of data factorization on the quality of national audits and the underlying mechanisms at work.Our findings underscore the positive influence of data factorization on enhancing national audit quality,a result that is further substan-tiated through rigorous robustness testing.The study reveals that the positive effect of data factorization is mediated through its ability to elevate the level of informatization and alleviate the pressures of economic growth.Notably,the study identifies that the beneficial impact of data factorization is particularly pronounced in the eastern regions,within jurisdictions enjoying a robust institutional environment,and in contexts charac-terized by higher degrees of fiscal decentralization.
data factorizationnational audithigh-quality developmentdigital economy
NETL
NSTL
万方数据
