内部控制缺陷的信贷约束效应  

Credit Constraint Effect of Internal Control Deficiencies

作　　者：刘中华[1] 梁红玉[2] 

机构地区：[1]广东外语外贸大学会计学院,广东广州510006 [2]广东财经大学金融学院,广东广州510320

出　　处：《审计与经济研究》2015年第2期13-20,共8页Journal of Audit & Economics

基　　金：广东省软科学研究计划项目(2013B070206055)

摘　　要：以2008—2012年A股非金融类上市公司为样本,研究内部控制缺陷对企业信贷约束的影响。研究发现:在控制样本自选择问题的基础上,内部控制缺陷的存在加剧了企业所面临的信贷约束;内部控制缺陷的严重程度与所遭受的信贷约束显著正相关;企业对内部控制缺陷所采取的整改措施可以缓解其所引致的信贷约束,但并不能从根本上消除内部控制缺陷给企业信贷融资带来的消极影响。区分行业类别后,内部控制缺陷对垄断行业企业的信贷约束并没有显著影响,但能显著提高非垄断行业的信贷约束。Based on the data of Chinese A-share non-financial listed companies from 2008 to 2012, this paper explores the effects of internal control deficiencies on the corporate credit constraints. It finds that based on the control of the sample self- selection problem, the internal control deficiencies exacerbated the credit constraints of the enterprises ; the severity of internal control deficiencies is significantly positively correlated with credit constraints suffered ; the corrective measures taken by the enterprise can alleviate the credit constraints caused by the internal control deficiencies, but it doesn＇t fundamentally eliminate the negative impact of the internal control deficiencies on corporate credit financing; and after distinguishing the industries, the internal control deficiencies have no impact on the enterprise financial constraints of the monopoly industries, but they can significantly improve the credit constraints of the non-monopoly industries.

关 键 词：内部控制缺陷 信贷约束效应 信贷风险 注册会计师审计 内部审计 盈余管理 公司治理 审计意见 信贷管理 

分 类 号：F239.45[经济管理—会计学]