Investors On The Internal Control Requirements Of Empirical Research

Internal control has recently initiated a widespread discussion as a hot topic in research area. From different points of view, many scholars have respectively undertaken some thorough research on the issue. A lot of production has been achieved, which play a vital role in constructing and consummating of internal control theory in China.However, most of the existing research adopted the normative method as methodology. Because of the lack of empirical evidence, the convictive power of most research is not strong enough. The external regulators and internal management are the mainstream of the view in the field. To some extent, such viewpoints limit the scope of applicability to the research conclusion. In order to provide empirical evidence, as well as to expand the view of research, this paper carries on the investors' demand of different types of internal control. Hope this paper can offer some helpful reference to consummating the theory of internal control in our country.This article consists of five parts:Part one: Research design of this paper. According to the topic, there are two different modes. After comparing the advantages and applicable range of different research designs, the choice is made.Part two: The elementary theory of internal control. This part mainly introduces the concept and present research of internal control. Based on the existing research, internal control is divided into two types: internal accounting control and internal management control. Further the comparison of two modes is followed.Part three: The design of the questionnaire and the selection of sample. Questionnaire is the main means of collecting data. Questionnaire and sample are introduced in this part In order to make sure that the investigation result is stable and reliable, the reliability of the questionnaire is also tested in this part.Part four. Results of empirical research and corresponding analysis. First, theinvestors' demand on different types of internal control is analyzed. Second, the investors are divided into different groups according to classified standard; the difference of demand on internal control is expressed between different groups. The reasons of such differences are also presented in this partPart five: Conclusions and suggestions. Some preliminary conclusions are reached briefly in this part. And suggestions are put forward on the basis of conclusions. These suggestions aim at the establishment and the consummation of internal control theory. Research limitations and further research trends are also included in this part.