The Empirical Research On Quoted Company’s Internal Control Deficiencies Disclosure Influence Factors

In recent years, the listed companies due to lack of proper risk management mechanism and internal control system, resulting in poor management, financial fraud cases frequently occur, it does not sound fully exposed in the development and supervision. Internal control deficiencies gradually become an important indicator of people’s attention is a measure of the internal control construction, the Ministry of Finance and the China Securities Regulatory agencies have begun study of how to from the enterprise internal causes on the effective control of the defect formation, as soon as possible to form the internal control mechanism in quoted Companies.This article analyzes the past people have been studied as a precondition for the definition of internal control deficiencies and a study on the impact of various factors on five typical weaknesses of internal controls, and internal2010349Shenzhen A-share listed companies to disclose control self-evaluation report as a sample, through modeling, hypothesis testing, expand the influence of various factors on the internal control of listed companies defect severity analysis.This paper mainly discusses launched from the next six portions:The first chapter illustrates the research of this paper, studied the problems and use which way to study, and points out the differences between each others.The second chapter focuses on the internal control deficiencies related to the definition of the relationship between the classification of defects, and introduced the influence factors simply. Chapter three expound internal control deficiencies identified and assessed, and to develop a set of indicators system of internal control of listed companies as the basis for evaluation of defects. The fourth chapter analyzes the impact of the company’s internal control deficiencies listed the five most important factors, namely, the difficulty of the listed company’s business, operational risk, the level of internal control, inner governance structure and inner control regulation. Chapter five from the perspective of empirical demonstration of the ideas in this article,349listed companies on internal control deficiencies samples for qualitative evaluation of the relevant factors and quantitative research. Chapter VI of the previous text of the listed company’s internal control defect analysis on the basis of the conclusions put forward a number of internal control of listed companies reasonable opinions and suggestions building.Conclusion empirical study are:the degree of operational complexity of listed companies, the company’s sales growth, ownership concentration and internal control deficiencies showed a significant positive correlation between earnings per share and internal control deficiencies showed a significant negative correlation between the stock proportion listed on the duration and the proportion of independent directors by external influences greater impact on the severity of the internal control deficiencies are not significant.