内部控制审计意见类型与个体投资者对无保留财务报表审计意见的信心——一项实验证据

The Type of Internal Control Audit Opinion and Individual Investors′Confidence in Unqualified Audit Opinion on Financial Statement——An experimental research

本文基于心理和行为的视角,采用实验研究方法,检验了内部控制审计意见类型对个体投资者关于标准无保留财务报表审计意见信心的影响。研究发现:内部控制否定意见降低了个体投资者对公司标准无保留财务报表审计意见的信心,同时,不同性质的内部控制重大缺陷的内部控制否定意见,对个体投资者的标准无保留财务报表审计意见信心的影响存在明显差异;个体投资者对标准无保留财务报表审计意见的信心,中介了内部控制审计意见类型对投资者投资判断的影响;内部控制审计意见类型影响了个体投资者对公司重大错报风险和鉴证风险的评价,而个体投资者所评价的重大错报风险和鉴证风险,部分中介了内部控制审计意见对个体投资者的标准无保留财务报表审计意见信心的影响。

From the perspectives of psychology and behavior, this paper uses experimental method to examine the effect of the type of internal control audit opinion on individual investors＇confidence in unqualified audit opinion on financial statement. The results indicate that an adverse audit opinion on internal control undermines individual investors＇confidence in unqualified audit opinion on financial statement, meanwhile, the adverse audit opinions on internal control including different types of internal control material weakness make a great difference to individual investors＇confidence in unqualified audit opinion on financial statement; the effect of the types of internal control audit opinion on investors＇investment judgment is mediated by individual investors＇confidence in unqualified audit o- pinion on financial statement; the types of internal control audit opinion affect the investors＇assessments of material misstatements risk and verification risk, which partially mediate the relationship between internal control audit opinion and individual investors＇confidence in unqualified audit opinion on financial statement.