环境不确定性、内部控制质量与持续经营审计意见--来自财务困境上市公司的经验证据

摘要

Based on the sample of A-Share listed firms from 2009 to 2012, this paper investigates the effect of environ-ment uncertainty and the internal control on the probability of going-concern opinion.The main findings are as following:The relationship between environmental uncertainty and the probability of going-concern opinion is positive and high quality internal control helps to alleviate the positive relationship, especially for the non-SOEs.Further examination also finds that, compared with other elements of internal control, excellent mechanism of risk assessment can significantly relieve the positive relation-ship between environmental uncertainty and the probability of going-concern opinion.This study further confirms that in a highly uncertain business environment, it is more important to establish a sound internal control.%以2009－2012年我国A股财务困境上市公司为研究样本，检验环境不确定性及内部控制质量对审计师持续经营审计意见决策的影响。研究发现，公司环境不确定性越高则更可能被出具持续经营审计意见，高质量内部控制将有助于缓解其持续经营疑虑，但上述关系仅在非国有上市公司中存在；进一步的检验还发现，在高环境不确定性的背景下，高质量内部控制缓解持续经营疑虑主要源于良好的风险评估机制。上述研究发现一方面证实了高质量的内部控制有助于缓解处于较高不确定性环境中财务困境公司的持续经营问题，另一方面也揭示了政府的隐性担保和天然政治联系使得国有财务困境公司不需要凭借高质量内部控制也能够缓解持续经营危机。