上市公司高管权力对内部控制有效性的影响研究

发布时间：2018-04-30 11:58

本文选题：高管权力 + 内部控制有效性　；参考：《哈尔滨工业大学》2017年硕士论文

【摘要】：自《萨班斯法案》颁布以来,越来越多的企业意识到内部控制的重要性,并把其作为企业的重点建设工程,完善的内部控制制度有利于企业规避经营风险,提高企业的经营业绩。我国政府也相继颁布了一系列规章制度,用于规范企业的内部控制建设。该规范在一定程度上缓解了企业内部控制问题,但是并没有完全消除内部控制失效的问题。部分企业仍然存在因内部控制失效引起的财务舞弊案件,如华源集团、科龙电器等。为遏制企业财务舞弊行为,保护广大股民的合法权益,加强企业内部控制建设刻不容缓,如何提高内部控制质量一直是国内外学者研究的重点问题。内部控制系统主要设计者和执行者是企业的高层管理人员,他们的行为决策将会对内部控制有效性产生显著影响,而高层管理人员的行为决策在一定程度上受到其背景特征的影响,特别是其权力特征。因此,本文研究高管权力对内部控制有效性的影响,对于提升企业内部控制有效性具有重要实践意义。在国内外相关研究基础上,通过对管理防御理论、高层梯队理论等理论的分析,可以看出企业高管在不同方面的权力会对其决策行为产生重要影响,这些决策行为会对内部控制有效性产生影响,有必要研究这种权力特征对内部控制的作用机制。通过构建科学的内部控制评价指标体系,对企业的内部控制有效性进行科学度量,并将本文计算得到的企业内控评价指数与专业机构发布的内控指数相比较,验证其科学性,并将其作为研究的因变量。选择高管的学历水平、两职兼任状况、持股水平、任职期限以及外部审计质量作为自变量。构建CEO权力对内部控制有效性的影响模型,利用2013-2015年上市公司的高管个人资料以及财务数据进行回归分析,并且对回归结果进行分析。研究发现,CEO在不同方面的权力会对内部控制有效性产生不同的影响,具体表现为,企业CEO两职兼任会增大其在组织方面的权力,而这种权力会显著削弱内部控制系统的有效性;CEO持股水平和外部审计质量会对企业内部控制有效性产生显著的正向作用;CEO的任职期限以及学历水平两个变量对内部控制有效性的影响并不显著,但是CEO的学历水平与两职兼任变量会产生交互作用,该作用会削弱内部控制的有效性。因此,企业在任用高级管理人员时,积极采用股权激励手段,尽量减少高管两职兼任情况,重视企业外部审计质量。
[Abstract]:Since the promulgation of the Sarbanes Act, more and more enterprises have realized the importance of internal control and regarded it as the key construction project of enterprises. Improve the business performance of enterprises. Our government has also promulgated a series of rules and regulations to standardize the internal control construction of enterprises. This specification alleviates the internal control problem to a certain extent, but does not completely eliminate the internal control failure problem. Some enterprises still have financial fraud cases caused by internal control failure, such as Huayuan Group, Kelon Electric Appliance. In order to curb corporate financial fraud, protect the legitimate rights and interests of the majority of shareholders and strengthen the construction of internal control, how to improve the quality of internal control has been the focus of domestic and foreign scholars. The main designers and executors of the internal control system are the senior managers of the enterprise. Their behavior decisions will have a significant impact on the effectiveness of the internal control. To a certain extent, the behavior decision of senior management is influenced by its background characteristics, especially its power characteristics. Therefore, this paper studies the influence of executive power on the effectiveness of internal control, which has important practical significance to enhance the effectiveness of internal control. On the basis of relevant research at home and abroad, through the analysis of management defense theory, high-level echelon theory and other theories, we can see that the power of enterprise executives in different aspects will have an important impact on their decision-making behavior. These decision-making behaviors will have an impact on the effectiveness of internal control, so it is necessary to study the mechanism of this kind of power characteristics on internal control. By constructing a scientific evaluation index system of internal control, this paper scientifically measures the effectiveness of internal control of enterprises, and compares the internal control evaluation index calculated in this paper with the internal control index issued by professional organizations to verify its scientific nature. And regard it as the dependent variable of the study. The educational level of senior executives, the status of two concurrent positions, the level of shareholding, the duration of tenure and the quality of external audit are selected as independent variables. The influence model of CEO power on the effectiveness of internal control is constructed, and the regression analysis is carried out by using the personal data of executives and financial data of listed companies from 2013 to 2015, and the regression results are analyzed. The study found that the power of CEO in different aspects will have different impact on the effectiveness of internal control. This power will significantly weaken the effectiveness of the internal control system. CEO ownership level and external audit quality will have a significant positive effect on the effectiveness of internal control. The effect of the effectiveness of departmental control was not significant. But CEO's level of education interacts with two-job-concurrent variables that undermine the effectiveness of internal controls. Therefore, in the appointment of senior managers, enterprises actively adopt equity incentives, reduce the two positions of senior executives and attach importance to the quality of external audit.
【学位授予单位】：哈尔滨工业大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F275;F272.91

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