摘要
本文构建了包括产品市场竞争和内部治理在内的内部控制缺陷认定标准影响因素理论框架,研究发现:大股东治理和管理层激励会对内部控制缺陷认定标准产生显著影响;产品市场竞争与管理层股权激励在对内部控制缺陷认定标准的影响上具有显著协同作用。进一步考虑到股权性质,发现产品市场竞争对内部控制缺陷认定标准的影响在国有控股上市公司中更为显著。研究结论表明,内部控制信息披露质量的提升,除了有赖于内部微观治理水平的提高,还可通过改善外部竞争环境得以优化,该结论为内部控制评价和监管提供了实证证据和政策指引。
We build theoretical framework which include product market competition and internal governance for identification standards of internal control deficiencies.Taking the deficiencies information in internal control evaluation of listed companies on A Stock markets of Shanghai and Shenzhen in 2017 as a sample.The results show that governance of major shareholder and management incentives have significant effect on identification standards of deficiencies. Product market competition and stock ownership incentive has significant positive synergy effect.Furthermore,the synergy effect is more significant in state holding enterprise.It indicates that the improvement of internal governance and external environment of competition can promote information disclosure quality of internal control.
作者
杨婧
许晨曦
Yang Jing;Xu Chenxi
出处
《会计研究》
CSSCI
北大核心
2020年第6期158-170,共13页
Accounting Research
基金
国家社会科学基金青年项目(17CGL061)阶段性研究成果。
关键词
内部控制缺陷认定标准
大股东治理
董事会治理
管理层激励
产品市场竞争
Identification Standards of Internal Control Deficiencies
Governance of Major Shareholder
Board of Director’s Governance
Management Incentive
Product Market Competition
