Study On Evaluation System Of Mineral Resources Listed Companies’ Internal Control From The Perspective Of Property Rights

With the outbreak of the global financial cri sis,many large componies who had effective internal control had been bankruptcy or had been acquired.This phenomenon aroused people’s attention to the real quality of the internal control and how it’s working.So far,the study on evaluation system of internal control can’t include all stakeholders.Based on the close relationship of property and internal control,this paper from the view of property right,is structuring the evaluation system of mineral resources listed companies’ internal control:firstly, selecting index,determining the weight of the index by entropy model,calculating each company’s score and analysising the effectiveness of internal control’ designing;then analysising the effectiveness of internal control’ working,using DEA to analysis the effect of property rights protection,verifying the outstanding positive correlation between the effect of property rights protection and internal control by Tobit regression model; analyzing the disclosures of property protection by Jones model,verifying the outstanding positive correlation between the disclosures of property protection and internal control by multi-regression model.The disclosure of property protection and property protection effect can reflect the quality of internal control,then structuring the evaluation system of mineral resources listed companies’ internal control from the perspective of property rights and the matrix of internal control’ effectiveness,then,using the evaluation system analyzing the present situation of mineral resources listed companies’ internal control,and make recommendations on the effectiveness of internal control.