审计意见、高管财务背景与内部控制缺陷修正

Audit Opinion, Top Managers’ Financial Background and Internal Control Deficiencies Remediation

文章运用2010~2014年度沪深两市A股上市公司的相关数据,首先检验了审计意见与内部控制缺陷修正之间的相关性,结果表明上年收到"不清洁"审计意见的企业在当年更有可能进行内控缺陷的整改与修正;进一步通过分组回归发现,高管中具有财务背景特征的成员比例越高,进行缺陷整改的概率更大,一方面表明外部审计非标准审计意见对内部控制治理效用可能赖于管理层的配合,另一方面也折射出高管人力资源有效配置的重要性。而对披露缺陷修正信息的企业进行跟踪研究,发现这类企业在后续年度仍然会收到"不清洁"的审计意见,反映出这些上市公司的缺陷整改可能浮于表面,并不是实施有效的。

This paper first examines the relationship between audit opinions and internal control deficiencies remediation, based on internal control assessment reports disclosed by A-share listed companies of Shanghai and Shenzhen Stock Exchange from the year 2010 to 2014. Then we find that the higher the proportion of members with financial background of the top manager team, the more likely the deficiencies will be revised through group-level regression research, which indicates that the governance effect of modified external audit opinions on internal control may depend on top managers, as well as the importance of efficient allocation of human resources. Tracking the firms’ received modified audit opinions last year, we find that they receive the same opinions again, indicating that the remediation of the deficiencies in these companies may be on the surface, which is not effective.