Does any management or other theory help explain why a group of companies with no material control weaknesses have a lower percentage rate of negative profit compared to a group of companies that have material control weaknesses?

If yes, then describe that theory in your document. If no$,$ then briefly provide your thoughts on what might explain what you found. $$Also$,$ say in a few sentences how your findings could help CPA auditors planning their annual external audits of publicly traded corporations.

For reference:

Number of Companies without Material Control Weakness$-61274$

Number of Companies with Material Control Weakness$-4261$

The sum of weaknesses for companies with MC Weakness $9902$

Average Number of weaknesses per company with MC Weakness $2\mathrm{.}323868$

Number of MC Weakness Companies with Negative Profit$-1840$ Percentage of MC Weakness Companies with Negative Profit$-43\%$ Number of Companies with no MC Weakness with Negative Profit$-14117$

Percentage of Companies with no MC Weakness with Negative Profit$-23\%$