Research On The Influence Of The Stock Structure Of Listed Banks On The Effectiveness Of Internal Control

Nowadays,as social economy is rapidly developing,world economy is developing towards globalization,and the external environment for business operation is getting increasingly complex,effective internal control becomes more and more significant in business management.It is the ruler to measure the level of modern business management and conducive to the sustainable development of enterprises,while continuous improvement of business management plays a crucial role in the establishment and improvement of the internal management systems of enterprises.On the one hand,business management is the basis of internal control,and on the other hand,internal control effectiveness is an important means to perfect the internal management system of enterprises.In business management,equity structure as the foundation of property rights not only has certain influence on the allocation of corporate control rights and the efficiency of enterprise resources allocation but also has certain impact on the formulation and implementation of internal control system.Therefore,equity structure and internal control effectiveness are not mutual independent but closely related to each other.At present,however,there are a few of studies on whether the introduction of equity restriction relation plays a role in strengthening the internal control effectiveness,so theoretical analysis method and case comparison analysis method are adopted to study the influence of equity restriction relation on internal control effectiveness from such aspects as the nature of shareholders and equity concentration.Through study on the samples of listed Chinese commercial banks,the author has known these commercial banks' deficiency in internal management and internal control and has provided some reference for corresponding improvement.In the study process,in addition to theoretical analysis,industrial analysis and sample analysis are adopted.Firstly,this paper states the theories related to company management and equity structure and conducts analysis on the mechanism where equity structure is influenced by internal control from the theoretical angle according to certain logical analysis route(equity structure ? corporate governance ? internal control).Secondly,this paper studies18 listed Chinese commercial banks and analyzes their industrial characteristics.In the process of studying the equity structure features of the listed Chinese commercial banks at the present stage,this paper mainly focuses on two aspects: equity concentration and the nature of equity.In addition to stating relevant regulations of relevant supervision departments on the internal control of shareholding commercial banks,this paper also states the current situation of internal control of Chinese commercial banks.Four from the18 listed Chinese commercial banks are selected as the study samples,including China Citic Bank,Shanghai Pudong Development Bank,China Minsheng Bank and China Merchants Bank.In the study process,the author eliminates the disturbance of other factors as far as possible to analyze the following aspects of the four listed commercial banks: 1.Equity structure;2.Release of self-evaluation report on internal control;3.Realization of internal control objective of the enterprises during 2012-2014;4.Audit of the self-evaluation report on internal control.It can be known from the study that internal control will be more effective under the following two circumstances: 1.Equity structure is relatively centralized;2.Restrictive shareholders exist.Meanwhile,internal control effectiveness will be stronger when equity structure is relatively decentralized and the first majority shareholder is state-owned.At last,the paper puts forward some suggestions on improving the internal control effectiveness of Chinese commercial banks.