Research On The Influence Of Internal Control Effectiveness Of Small And Medium-sized Board Listed Companies On Commercial Credit Financing

In recent years,in the process of enterprises' development,expanded the scale and improve benefits have been all the common goals of the enterprises.At the same time,the financing difficulty has become a big problem which the enterprises faced with.How to help enterprises to optimize the financing has become one of the highlights in agro-scientific which many scholars researched in recent years.Chinese financial institutions tend to provide the credit resources to state-owned companies and a handful of large private enterprises,most of the small and medium-sized enterprises may face widespread credit discrimination,it is difficult to get formal financial support from financial institutions.However,sustained and rapid development of small and medium-sized enterprises shows that it still can be gained by other informal financing channels development funds,commercial credit is one of the main form.Commercial credit as enterprise bank loans alternative financing,has received more and more attention in recent years,The commercial credit financing has many merits,which the others has not.But at present the study of commercial credit is mostly about the motivation,the study of the influence factors of commercial credit is not a lot.The data of recent years has been used to study the internal control quality on the impact of enterprise commercial credit financing,from internal control effectiveness of the commercial credit financing scale and influence to the commercial credit financing cost of two angles proposed two assumptions,the more effective internal control,the bigger the enterprise commercial credit financing and the more effective internal control,the lower enterprise commercial credit financing cost,using data collected by the descriptive analysis,correlation analysis and regression analysis,in addition,to test the assumption that this paper puts forward and in order to make the results of the study has more reliability,this article has carried on the robustness test at last.Based on the analysis of above,we can come to the following conclusions: firstly,for the enterprises of having higher internal control quality,it is easy to them that obtaining more commercial credit financing;secondly,for the enterprises of having higher internal control quality,it is easy to them that obtaining the lower-costs commercial credit financing.At last,combing with the analysis of the empirical research results,this paper puts forward relevant countermeasures and suggestions,fistly,strengthen the trust between buying and selling,secondly,perfect the internal control,and thirdly,enhancing internal control supervision.