摘要：This paper uses the data of Shanghai and Shenzhen A-share listed companies in China from 2010 to 2019 as a research sample to examine the impact of corporate strategy on the level of corporate risk-taking and the moderating effect of audit quality on the relationship between the two. We demonstrate that the company’s strategic choice is positively correlated with the level of corporate risk-taking, that is, the more aggressive the company’s strategy is, the higher the level of corporate risk-taking will be; Compared with non-“Big10” audits, “Big10” audits can more effectively restrain the impact of company strategic choices on the level of corporate risk-taking. From the perspective of corporate strategy, this article expands the influencing factors of the level of corporate risk-taking and supports the importance of audit supervision in restraining risk-taking, which can provide a certain reference for the formulation of corporate strategy and external supervision and management.
