本文利用我国上市公司2004-2009年的数据,从债权人治理的视角,实证研究了债权人的治理作用对会计师事务所审计收费产生的影响。本文选择银行等金融机构的债权人作为研究对象,是因为负债融资会增大公司的财务风险,而银行等金融机构出于动机和能力考虑能很好的制约该风险,这就帮助我们更好地测算债务的治理作用。研究发现,债权人的治理作用会导致审计收费降低。在存在控股股东与中小股东代理问题的民营企业中,债权人的治理作用更加显著。 Based on the data of listed companies in China from 2004 to 2009, this paper empirically studies the impact of creditor governance on audit fees of accounting firms from the perspective of creditor governance. This article chooses the creditors of banks and other financial institutions as the research object, because debt financing will increase the company’s financial risk, and banks and other financial institutions out of motivation and ability to consider the good constraints of the risk, which helps us to better Calculate the role of debt governance. The study found that the governance role of creditors will lead to lower audit fees. In the private-owned enterprises that have the problem of controlling shareholders and minority shareholders, the creditor’s governance function is more significant.