股权结构对内部控制有效性的影响分析  

An analysis on the impact of ownership structure on the effectiveness of internal control

作　　者：郭桂花[1] 岳利玲 

机构地区：[1]石河子大学经济与管理学院

出　　处：《中国注册会计师》2014年第8期56-62,3,共7页The Chinese Certified Public Accountant

摘　　要：本文以我国2010年至2012年深沪两市A股上市公司作为研究样本,实证考察了股权集中度和股权性质交叉作用下的股权结构与内部控制有效性之间的关系。研究结果表明:国有非控股和非国有非控股公司的内部控制有效性显著高于国有控股公司;国有控股公司的内部控制有效性显著高于非国有控股公司。从而发现不同性质股东对公司内部控制有效性的作用不能一概而论,应综合考虑股权控制情况和股东性质,来判断上市公司股权治理的效率。By using a sample of listed companies on the A share markets in both Shenzhen and Shanghai from 2010 to2012, this article empirically looks into the concentration level of ownership as well as the relationship between ownership structure and the effectiveness of internal control under the impact of intersect holdings. The study shows that the effectiveness of internal control in nonstate-controlling companies, state-owned or non-stateowned, is significantly higher than in state-owned and controlling companies. It also finds that the effectiveness of internal control in state-owned and controlling companies is much higher than in non-state-controlling companies. It then argues that there is no definite conclusion regarding the impact of shareholders of different natures on the effectiveness of internal control in companies. Both ownership structure and nature of shareholders need to be considered comprehensively to make a judgment on the efficiency of equity governance in listed companies.

关 键 词：股权结构 内部控制目标 内部控制有效性 

分 类 号：F832.51[经济管理—金融学] F275