Numerous corporate scandals, in conjunction with managerial misbehavior, demonstrate the need for compliance management systems (CMS) and the relevance of CMS assurance. This study investigates the impact of CMS assurance on German bank directors' perceptions and decisions, and analyzes whether the type of assurer and the level of provided assurance are relevant. For this purpose, we conducted an experiment with 105 bank directors and used ANOVA to analyze their reliance on the hypothetical company's CMS, and their decisions regarding credit granting, purchase, and recommendation of shares. We chose a 2 × 2 + 1 between‐subjects design, manipulating the assurance provider (audit firm vs. third party) and the level of assurance (limited vs. reasonable), and adding a control condition without any assurance. Our results suggest that assured CMS positively affect bank directors' perceptions and decisions, compared to CMS without assurance. Furthermore, we find that our perception measure and all three of our decision measures are strongly associated with the choice of assurance provider, but only two decision measures are associated with the assurance level. Bank directors prefer assurance provision by an audit firm, whereas the findings regarding the impact of the assurance level are inconclusive. The study's results, which confirm the decision‐usefulness of CMS assurance, are of interest for managers, in particular compliance officers, auditors, creditors, regulators, and academics.

中文翻译：

---

保证对合规管理系统对银行董事决策的影响

众多公司丑闻以及管理不当行为证明了对合规管理系统（CMS）的需求以及CMS保证的相关性。这项研究调查了CMS保证对德国银行董事的看法和决定的影响，并分析了保证人的类型和提供的保证水平是否相关。为此，我们与105位银行董事进行了实验，并使用ANOVA分析了他们对假设公司CMS的依赖，以及他们在授信，购买和推荐股票方面的决策。我们选择了2×2 +1的主题间设计，操纵了保证提供者（审计公司与第三方）和保证水平（有限与合理），并添加了没有任何保证的控制条件。我们的结果表明，与没有保证的CMS相比，有保证的CMS对银行董事的看法和决策产生了积极的影响。此外，我们发现我们的感知量度和我们的所有三个决策量度与保证提供者的选择密切相关，但是只有两个决策量度与保证水平相关。银行董事更喜欢由审计公司提供担保，而有关担保水平影响的调查结果尚无定论。这项研究的结果证实了CMS保证的决策有用性，对于管理人员，尤其是合规官，审计师，债权人，监管者和学者，尤其有意义。我们发现，我们的感知量度和我们的所有三个决策量度与保证提供者的选择密切相关，但是只有两个决策量度与保证水平相关。银行董事更喜欢由审计公司提供担保，而有关担保水平影响的调查结果尚无定论。这项研究的结果证实了CMS保证的决策有用性，对于管理人员，尤其是合规官，审计师，债权人，监管者和学者，尤其有意义。我们发现，我们的感知量度和我们的所有三个决策量度与保证提供者的选择密切相关，但是只有两个决策量度与保证水平相关。银行董事更喜欢由审计公司提供担保，而有关担保水平影响的调查结果尚无定论。这项研究的结果证实了CMS保证的决策有用性，对于管理人员，尤其是合规官，审计师，债权人，监管者和学者，尤其有意义。