内部控制、市场地位与商业信用资金营运质量  

Internal Control,Market Power and the Quality of Trade Credit

作　　者：刘慧凤[1] 黄幸宇 

机构地区：[1]山东大学管理学院,山东济南250100

出　　处：《审计与经济研究》2017年第3期46-57,共12页Journal of Audit & Economics

摘　　要：以2012—2014年上市公司数据为样本,研究发现内部控制越有效,商业信用负债与资产的质量越高,商业信用资金规模越大,但内部控制有效性与企业净商业信用规模无显著关系。同时,内部控制有效性与市场地位的作用存在着部分替代及一定的互补关系。在低市场地位的企业中,内部控制对商业信用负债质量与信用资产规模的作用更明显。研究发现补充并深化了内部控制有效性与商业信用资金关系的研究成果,表明内部控制的实施有利于提高企业之间商业信用资金的周转效率。The quality of internal control is significantly related to the amount of commercial credit financing according to the previous concerning literature. These cannot show the contribution of internal control to the commercial credit. This paper proposes that the real implemented efficiency of internal control be to enhance the quality of credit assets and credit financing. The empirical results of Chinese listed companies from 2012-2014 show that firms with higher efficiency of internal control are more likely to have a higher quality of credit assets and credit financing. Moreover, the results also show that efficiency of internal control has no significant correlation with the net amount of commercial credit. The role of internal control can not only substitute for power market partly, but also supplement its deficiency. This paper provides more evidence that implementation of internal control system can improve the enterprise credit management quality, and suggests that the overall implementation of internal control system improve the turnover efficiency of social capital.

关 键 词：内部控制有效性 商业信用资金 信用资产 信用负债 市场地位 商业信用融资 内部控制质量 

分 类 号：F275[经济管理—企业管理]