기업의 ESG 성과가 감사보수 및 시간에 미치는 영향

[Purpose]The purpose of this study is to examine the effect of a company’s non－financial performance(specifically, the Korea Corporate Governance Service's ESG rating) on ​​audit fees and hours. [Methodology]This study analyzed the effect of ESG ratings reported by the Korea Corporate Governance Service (hereafter, KCGS) on audit fees and hours for companies listed on the Korea Exchange from 2011 to 2019 by applying the difference method. [Findings]As a result of empirical analysis, when a model similar to the existing research model was set similar results were shown. However, when the analysis is performed by applying the difference method, it was found that this relationship is maintained with a positive (＋) correlation with a decrease in significance level only in changes in social (S) performance and changes in the next audit fee. It was found that the existing results were not maintained with respect to changes in audit time. This is judged to be the result because changes in non－financial performance such as ESG do not increase audit risk. [Implications]The results of this study are judged to have a high academic contribution by discovering the causes of domestic studies that do not match the theoretical and empirical results and presenting the research results by applying the difference method as a solution.