Research On The Influence Of The Corporate Governance To The Effectiveness Internal Control In Food Industries Listed Company

Internal control is always the focus of various industries,since The Ministry of Finance issued the "basic norms of internal control" in 2008,people are increasingly aware of the importance of the effectiveness of internal control.Corporate governance as the factors affecting the effectiveness of internal control,how to improve corporate governance to play the role of the effectiveness of internal control,and promote enterprises to survive in the market,this is also the focus of people's attention.In recent years,the food industries has been a public concern,the frequent occurrence of food safety issues led to the thinking of the food industry listed companies internal control.Based on the above reasons,the paper selects the food industries listed companies as samples,researching on the influence of corporate governance on the effectiveness of internal control,making the recommendations of enhancing the effectiveness of internal control of food industries listed companies from the perspective of corporate governance.This paper is divided into five chapters.The first chapter is introduction section.This paper describes the background and significance of the research,the review the results at home and abroad,the research ideas and research methods.The second chapter is the theoretical part of the article,which introduces the concept of corporate governance and internal control and related theories,and the influence mechanism of corporate governance on internal control.The third chapter analyzes the status quo of the corporate governance and effectiveness of internal control in the food industries.The fourth chapter is the empirical part.This paper puts forward the research hypothesis from the perspective of corporate governance,selects the corresponding variables to construct multiple linear regression model,and carries out the objective empirical analysis.The analysis found that managerial ownership and the size of the company have a significant inverse influence on the effectiveness of internal control;social mechanism,product market competition and internal control are positively related to the effectiveness of internal control;the biggest shareholder's shareholding ratio,the frequency of board meetings,the proportion of independent directors,the number of executives showed non significant positive effect on the effectiveness of internal control;the nature of the largest shareholder,the number of the board of directors and supervisors,CEO duality,directors 'pay,the size of the debt financing of has non significant negative impact on the effectiveness of internal control.The fifth chapter put forward recommendations to improve the effectiveness of internal control of Listed Companies in the food industries from the ownership structure,board of directors,board of supervisors,management incentives and other aspects.Finally,this paper points out the shortcomings of this paper and puts forward the prospect of the future.