高管权力、审计委员会专业性与内部控制缺陷  

Chief Executive Power, Professional Competence of Audit Committee and Internal Control Weakness

作　　者：刘焱[1] 姚海鑫[1] 

机构地区：[1]辽宁大学商学院

出　　处：《南开管理评论》2014年第2期4-12,共9页Nankai Business Review

基　　金：国家自然科学基金青年基金项目(71202153);辽宁省教育厅人文社会科学重点研究基地专项项目(ZJ2013004)资助

摘　　要：本文以2009-2012年沪市A股非金融类上市公司为研究样本,实证检验了高管权力是否会干预审计委员会专业性对内部控制的监控效力。研究发现,专业的审计委员会有助于提高上市公司内部控制质量;进一步研究发现,高管权力会干预审计委员会专业性作用的发挥,随着高管权力的增加,审计委员会专业性对内部控制的监控作用将被削弱。The audit committee is an important institutional arrangement in corporate governance structure, the global capital market regulators and investors put more and more emphasis on the role and accountability of the audit committee. The paper selects eight characteristic indexes of executive power to conduct main component analysis, and thus, examines weather the executive power can affect the influence of audit committee professionalism on internal control, based on the data of 2009-2012 Shanghai non-financial listed companies. Studies show that： （1） if the chairman of the audit committee is financial expert, the company appears less internal control deficiencies; when the company has higher proportion of financial experts in audit committee, there is a smaller possibility of existed internal control deficiencies; （2） executive power can interfere with the audit committee to play the role of professionalism, with the increase of executive power, the governance role of audit committee professionalism will be significantly weakened. The smaller of executive power, the more possibility that audit committee professionalism can help reduce the occurrence of internal control deficiencies. In addition, the paper conducts a robustness text： （1） after controlling corporate governance variables, the conclusion that audit committee professionalism can affect internal control quality is still valid, it also shows that corporate governance is also an important factor affecting the internal control quality; （2） the paper divides all sample into seven groups based on the executive power, when the executive power is between l-5, there is significant negative correlation between audit committee professionalism and internal control deficiencies, when executive power increase into 6 and 7, the relationship of the two above is not significant; from the correlation coefficient, the smaller of executive power, the role of audit committee professionalism on internal control deficiencies is more obvious. Significance o

关 键 词：高管权力 审计委员会专业性 内部控制缺陷 

分 类 号：F272.91[经济管理—企业管理] F239.6[经济管理—国民经济] F275F224