内部控制缺陷与信息不确定性——西方内部控制研究文献导读及中国制度背景下的展望(二)

Internal Control Weaknesses and Information Uncertainty——Introduction of Western Internal Control Research and Prospect under the Institutional Background of China(Ⅱ)

内部控制的信息含量和决策相关性是检验内部控制监管规则有用性和有效性的重要标准。本文回顾了有关内部控制缺陷披露市场反应的研究和文献,重点对Beneish,Billings and Hodder于2008年在Accounting Review上发表的《内部控制缺陷与信息不确定性》一文进行详细解读,试图回答披露内部控制有效性的信息含量及作用机理,据此分析判断内部控制信息披露对市场和投资者的价值,并结合国内相关领域的研究现状及研究特点,提出中国制度背景下内部控制披露市场反应的研究方向。

The Information content and the decision relevance of internal control weaknesses disclosure are important criteria to evaluate the effectiveness and usefulness of internal control regulations. The article reviews the literatures concerning market reaction of internal control weakness disclosure,explicates the work of Beneish et al.( 2008),which was published in Accounting Review,titled'Internal Control Weaknesses and Information Uncertainty,and explains the information content and mechanism of internal control weakness disclosure in order to analyze the value of disclosing internal control information. Based on domestic research status quo and study features,we propose some study directions of market reactions of internal control disclosure under the institutional background in China.