Study on the Regional Differentiation Effect of Audit Vertical Reform: Case Study Based on the Pilot in Jiangsu, Zhejiang and Guangdong Provinces_Vol. 3 No. 1 (JMSD 2026)_Journal of Management and Social Development (ISSN: 3005-5741)

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Study on the Regional Differentiation Effect of Audit Vertical Reform: Case Study Based on the Pilot in Jiangsu, Zhejiang and Guangdong Provinces

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DOI: https://doi.org/10.62517/jmsd.202612105

Author(s)

Yuxin Meng, Lijuan Yan, Xianan Yin*

Affiliation(s)

Management School, Beijing Union University, Beijing, China *Corresponding Author

Abstract

This study adopts a multiple-case research approach, focusing on three pilot provinces of vertical audit reform—Jiangsu, Zhejiang, and Guangdong—to investigate the specific mechanisms and regional differentiated effects of local audit in the process of local debt resolution. The findings are as follows: First, there are significant differences in the implementation paths of vertical audit reform among the three provinces, resulting in distinct audit supervision models. Second, audit supervision plays an important role in controlling debt scale, optimizing debt structure, and providing risk warnings through its three core functions—exposure, enforcement, and recommendation—though the mechanisms and intensity of effects vary across regions. Third, regional economic development level, fiscal transparency, and social supervision environment are key moderating variables influencing the effectiveness of audit in debt resolution. Through in-depth cross-case comparison, this study reveals the adaptive adjustment mechanisms of vertical audit reform under different regional contexts, providing micro-level empirical evidence for improving the local debt governance system.

Keywords

Vertical Audit Reform; Regional Differentiation; Local Debt Resolution Mechanism; Debt Risk; Supervisory Effectiveness

References

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