外文翻译----审计机构对内控的审计意见对贷款决策的影响-会计审计(编辑修改稿)

外文翻译----审计机构对内控的审计意见对贷款决策的影响-会计审计(编辑修改稿)内容摘要：

res on stock prices, with most of them finding negative market reactions to the reporting of material weaknesses (., Whisenant et al., 2020。 De Franco et al., 2020。 Cheng et al., 2020。 AshbaughSkaife et al., forthing。 Hammersley et al.,forthing). The current study investigates bank loan officers’ reaction to internal control reports. We study bank loan officers because this group of users routinely analyzes financial data and has an inherent interest in the reliability of such data. Moreover, the effect of credit decisions in the marketplace is far reaching. Because bank loan officers are knowledgeable users of financial statements, the findings of this study may generalize to other sophisticated user groups. We conduct an experimental study to investigate whether the disclosure of internal control weaknesses has a negative effect on bank loan officers’ assessments of risk and, in turn,the likelihood of granting a loan. The use of an experimental approach allows us to pletely control the information that is available to participants. We are able to control for factors that can create challenges for archival researchers, including concurrent information disclosure, firmspecific characteristics, and self selection. Previous studies (., Doyleet al., 2020a。 AshbaughSkaife et al., 2020a) find that most disclosures of material weaknesses are announced by weaker panies and are acpanied by restatements, restructuring, and other bad news. While these studies attempt to control for such problems with selfselection control procedures, the controls are likely insufficient. Hence, an。