股权制衡与内控失效直接财务后果关系的实证研究

发布时间：2019-05-07 00:43

【摘要】：本文从制衡股东股权性质和控股股东股权性质角度出发，研究了2008年至2010年沪市制造业上市公司股权制衡与内控失效直接财务后果的关系。在对股权制衡公司进行分组的基础上，通过差异显著性检验和多元线性回归等实证方法证明了如下结论：(1)与股权制衡公司相比，绝对控股公司要承担更多内部控制失效直接财务后果；(2)与国有控股民营制衡公司相比，国有控股国有制衡公司会承担更多内部控制失效直接财务后果；(3)与国有控股民营制衡公司相比，民营控股民营制衡公司会承担更多内部控制失效直接财务后果；(4)与民营控股国有制衡公司相比，民营控股民营制衡公司会承担更多内部控制失效直接财务后果。虽然与民营控股国有制衡公司相比，国有控股国有制衡公司会承担更少内部控制失效直接财务后果这一假设没有得到差异显著性检验的支持，但是从其内部控制失效直接财务后果的均值和标准差来看二者之间也还是存在着差异的。相较于之前研究单纯从股权制衡度角度考虑股权制衡对内部控制的影响，本文的创新之处在于从股权制衡双方股权性质的角度展开股权制衡对内部控制的影响研究。另外相较于之前关于内控失效广泛的规范研究，本文获取了更多用于支撑研究结论的实证证据。
[Abstract]:This paper studies the relationship between equity checks and balances and the direct financial consequences of internal control failure of listed manufacturing companies in Shanghai from 2008 to 2010 from the angle of the nature of shareholders' equity balance and the nature of controlling shareholders' equity. On the basis of grouping equity checks and balances companies, this paper proves the following conclusions by empirical methods such as difference significance test and multiple linear regression: (1) compared with equity checks and balances companies, this paper proves the following conclusions: (1) compared with equity checks and balances companies, Absolute holding company should bear more direct financial consequences of internal control failure; (2) compared with the state-controlled private check-and-balance companies, the state-owned holding state-owned checks and balances companies will bear more direct financial consequences of the failure of internal control; (3) compared with the state-owned holding private check and balance company, the private holding private check and balance company will bear more direct financial consequences of internal control failure; (4) compared with the private holding state-owned check and balance company, the private holding private check and balance company will bear more direct financial consequences of internal control failure. Although the assumption that state-controlled state-owned checks and balances companies will bear less direct financial consequences of internal control failures than private holding state-owned checks and balances is not supported by the test of difference significance. However, there are differences between them from the mean and standard deviation of the direct financial consequences of the internal control failure. Compared with the previous study, considering the impact of equity balance on internal control from the perspective of equity balance, the innovation of this paper lies in the study of the impact of equity balance on internal control from the perspective of the nature of equity balance. In addition, compared with the previous extensive normative research on internal control failure, more empirical evidence has been obtained to support the research conclusion.
【学位授予单位】：新疆财经大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F275;F832.51;F224

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