Research On The Going-Concern Audit Opinion And Bank Credit Decision Correlation

In the 30 years of china’s economic development, the credit of bank is always carring the survivability of bank and entrepreneur and improving the disposition of social resources. It is important to protect the state national and the global economy. With the development of market-oriented economy commercial bank turn into a real enterprise which own profit and loss responsibility and assumpt the risk of business failure, so the commercial bank have more and more rights to make decision of the credit. In the same time, the enterprise sustainable operation risk also aggravate the credit risk of commercial bank. For this reasons, at present, reinfore the management of bank’s credit is the inevitable requirement about assure national economic security and increase the enterprise finacing efficiency. Confront the enterprise management risk, the commercial bank is looking for scientific and reasonable method to avoid credit risk. A great many banks has begun to pay attention to audit report which is provided by customers who want to ask for loans. They also make decision by audit information and develop the evaluation capacity of credit risk.This article have five parts. The first one is foreword, it introduce the research background, the research significance, the research method, the research contents, the research framework and the research status of GCO and credit. The part two is literature review. This part have two levels, first review the literature of at home and abroad which about the aduit opinion affect the credit of bank, give further, review the literature of at home and abroad which about the GCO affect the credit of bank. By the review of correlational research, we can find domestic and overseas scholars don’t reach an agreement, so it is necessary to study this issue at present. In a third part of the study, the writer expound the evolution process of banking industry’s credit management and continuous operating rules, then, study the stakeholder theory, the principal-agent theory and the signal transmission theory. After deep analysis these theories, we come up with the GCO affect the credit of bank and it can help the bank make decision. The fourth part is empirical analysis. Firstly, analysis the relation between the bank and the enterprise. Secondly, select the data construst model to analysis credit and audit opinion. Finally, it reach a decision that the GCO is negative correlation with the size of loan, when the enterprise is private one, the GCO is heavily negative correlation with credit decision. The fifth part of the article is the last one, we draw a conclusion of regression, in addition, give the suggestion of improving the estimate of bank credit and improving the financing capacity of enterprise, at last, looking into the future research direction.