Information content and recency effect of the audit report in loan rating decisions

被引：38

作者：

Guiral-Contreras, Andres ^{[1
]}

Gonzalo-Angulo, Jose A. ^{[2
]}

Rodgers, Waymond ^{[1
]}

机构：

[1] Univ Calif Riverside, A Gary Anderson Sch Management, Riverside, CA 92521 USA

[2] Univ Alcala, Fac Ciencias Econ & Empresariales, Madrid 28802, Spain

来源：

ACCOUNTING AND FINANCE | 2007年 / 47卷 / 02期

关键词：

audit report information content; audit report; loan officers; recency effect;

D O I：

10.1111/j.1467-629x.2006.00208.x

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

We examined the significance of the audit report in loan rating decisions using the belief revision model. We designed a laboratory experiment where the sign of the audit report is mixed with other annual financial information in a series of sequential evidence. The results of an experimental design, using 106 loan officers from international financial institutions, support the hypothesis that the qualified audit report appears to be an independent and useful piece of evidence when it is contrary to favourable financial expectations. Our findings also support that the 'recency effect' might influence international commercial loan officers' perception of the qualified audit report.

引用

页码：285 / 304

页数：20

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