股权集中、内部控制与业绩波动  

Ownership Concentration,Internal Control and Performance Volatility

作　　者：庞卫宏[1] 董育军[2] 李凯[1] 

机构地区：[1]东北大学工商管理学院 [2]湖北经济学院会计学院

出　　处：《财会通讯（下）》2017年第6期58-61,129,共4页Communication of Finance and Accounting

基　　金：湖北省2015年省级教学研究项目(项目编号:2015362);湖北省科技厅2016年软科学研究项目(项目编号:2016ADC029)的资助

摘　　要：本文运用沪深两市2009年到2014年的数据,分析了内部控制质量对企业业绩波动性的影响,并进一步研究公司的股权集中度是否会影响内部控制和公司业绩波动之间的关系。结果表明,企业内部控制可以显著降低公司的业绩波动,公司的股权集中度显著影响了内部控制、降低企业业绩波动的效果。相对于股权集中度高的公司,内部控制降低公司业绩波动的效果在股权集中度低的公司中更显著。This paper collects the relevant data of Shanghai and Shenzhen Stock Market from 2009 to 2014 and inspects the influence of the internal control quality to the volatility of company's performance and takes a further study to see ifcompany's ownership concentration have effect on internal control quality and volatility of company's performance.The results show that internal control decreases the volatility of performance obviously,we find that the ownership concentration influences the efficiency of internal control in decreasing company's performance volatility definitely in the further research.Compared to the companies with higherownership concentration,the efficiency of internal control decreases the performance volatility is more clearly in the companies with lowerownership concentration.

关 键 词：股权集中 内部控制 业绩波动 

分 类 号：F271[经济管理—企业管理]