Empirical Research On Features Of Corporate Governance And Interal Control Quality -empirical Data From Listed Companies

With the continual improvement of China's maket economy, the competition between enterprises becomes intense. For modern enterprises, the key to survival and development is to establish reasonable corporate governance structure and improve the internal control system. China's listed companies as a typical representative of corporate enterprises, there exists lots of phenomenon such as the formal general meeting of shareholders, the ineffective role of Board Supervisors,"internal control", the weakness of internal control, weak awareness of risk management system and so on. All these problems urgently requires listed companies to improve governance, strengthen the internal control. Sound corporate governance is the indeminification of the operation of internal control, and internal control is an effective way to improve corporate governance, and the thoughts of internal control permeates into the corporate governance.This study is based on the theory of corporate, refers domestic and foreign research, analyses the difference and connection between corporate governance and internal control, uses the empirical research methods. It chooses 200 Shenzhen listed companies as study sample, applies correlation analysis and multiple regression analysis, explores the relationship between corporate governance and the quality of internal control from four aspects- General Meeting, Board of Directors, Board of supervisors and senior management, which are the characteristics of corporate governance. The purpose is to combine both together and verify the existed problems with more convincing data and at last make proposition to improve corporate governance and internal control.This may indicate that: the level of corporate governance and internal control quality is related, that is, the better corporate governance, internal control quality is higher. In corporate governance, the largest proportion of shareholding, whether held by executives of the company shares, the largest shareholder is state-owned shares, a share incentive plan, the second largest proportion to the tenth largest shareholders, board of directors meetings Enterprise has the audit committee and internal control quality are positively correlated; serve as chairman or vice chairman, general manager of the accounting information quality and negative relationship.