内部控制在股权结构对企业绩效影响中的中介传导效应研究  

Mediating Effect of Internal Control on the Influence of Ownership Structure on Firm Performance

作　　者：王棣华[1] 管莎莎[1] 

机构地区：[1]东北财经大学会计学院/中国内部控制研究中心,辽宁大连116025

出　　处：《湖南财政经济学院学报》2016年第5期60-70,共11页Journal of Hunan University of Finance and Economics

基　　金：辽宁省教育厅项目"辽宁省科技型小微企业盈利能力创新的研究"(项目编号:W2014215)

摘　　要：以2012年正式实施《企业内部控制配套指引》为研究背景,选取2012-2014年沪深两市上市公司5882个样本,运用中介变量的实证研究方法,研究了内部控制在股权结构对企业绩效影响中的中介传导效应。研究结果表明:股权集中度和股权制衡度均与企业绩效显著正相关,股权集中度和股权制衡度均与内部控制有效性显著正相关,内部控制在股权集中度和股权制衡度对企业绩效的影响中均具有显著的部分中介传导效应。This paper takes the formal implementation of the enterprise internal control supporting guidance in 2012 as the research background, selecting the listed companies on Shanghai and Shenzhen stock exchange from year 2012 to 2014 as the research sample, using the intermediary variable research methods to study the mediating effect of internal control on the influence of ownership structure on firm performance. The results show that ： Ownership concentration and equity balance degree are significantly positively correlated with business performance; Ownership concentration and equity balance degree are significantly positively correlated with the effectiveness of the internal control; Internal control has significant partial mediation conduction effect on influence of ownership concentration and equity balance degree to business performance.

关 键 词：股权结构 内部控制 企业绩效 中介传导效应 

分 类 号：F275[经济管理—企业管理]