本研究主要以2008年至2016年之台灣證券交易所與證券櫃檯買賣中心之上市(櫃)公司為研究樣本,探討公司購買董監事暨重要職員責任保險(D&O責任保險)與繼續經營存有重大疑慮審計意見的關聯性。實證結果顯示,公司購買D&O責任保險與繼續經營存有重大疑慮審計意見具有正向顯著的相關性。顯示當公司購買D&O責任保險,會計師會提高出具繼續經營存有重大疑慮審計意見之機率。進一步針對公司購買超額保險做測試,實證結果仍獲得支持。綜上所述,研究結果提供充分證據證明D&O責任保險與繼續經營存有重大疑慮審計意見具有關聯性。
Using a sample of companies listed in Taiwan Stock Exchange and OTC market over the period of 2008 to 2016, this study examines the relationship between directors’ and officers’ liability insurance(D&O liability insurences) and going-concern audit opinion. The empirical results show that the purchase of D&O liability insurences is positively related to going-concern audit opinion. It reveals that the purchase of D&O liability insurences will prompt auditors to issue a going-concern audit opinion. This results holds even after performing excess D&O liability test. Collectively, the results provide evidence on how D&O liability insurance affects going-concern audit opinion.