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The Study On The Influence Of Corporate Governance Structure On Internal Control In Listed Companies Of Inner Mongolia

Posted on:2011-09-13Degree:MasterType:Thesis
Country:ChinaCandidate:X ZhangFull Text:PDF
GTID:2189330338479278Subject:Business management
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In 2008, financial crisis breaking out had great influence on Inner Mongolia. The behavior of Listed Companies which belongs to the problem of corporate governance is the worse social credit, the lack of market monitoring, the invalidation of companies internal control, asymmetry information moral risk and so on, which arose that people thinking about the Internal control. So how to enhance the internal control and how to improve ability of preventing companies from crisis, which becomes the focus of theory. Internal control is the production of developing economics, is the important component of corporate governance and the important remark of corporate management. On 28th June in 2008, the Chinese Ministry of Finance, the Chinese Ministry of Audit, the Chinese Securities Regulatory commission, the Chinese Bank Regulatory commission, the Chinese Insurance Regulatory Commission jointly issued"Basic Norms of Enterprises'Internal Control", which indicated that we pay more attention on the Internal Control and the system of the Internal Control Norms in our Country made a great progress. The basic Norms were carried out on July 1st in 2009, which means that the Listed Companies should use the"three level evaluation method"to evaluate the effect of internal control.The article, from the point of corporate governance, researches the factors that influence inner control effect. At the first, we analyses the trait of listed companies'corporate governance and the present situation of internal control in Inner Mongolia. Then we researches the mechanism that corporate governance influencing internal control. On the basic of present situation analysis and mechanism research, this article selects the figures in 2005-2009, 21 listed companies of Inner Mongolia to study the single influence of corporate governance on internal control. We find that some factors can obviously influence the listed companies internal control of Inner Mongolia, such as the share proportions of National Corporation, the dependent directors, the Norms of motivate, the meeting records, the frequency of board meeting, the frequency of supervisor meeting. To improve the listed companies'internal control of Inner Mongolia, we should take actions from the angle of corporate control. The specific actions include enhancing the management of investors'relationship, taking advantages of the exports knowledge, improving the supervisors'responsibility, enhancing the communication of largest investors, improving the policy of supervisor. As a result, the listed companies of Inner Mongolia will have a better future.
Keywords/Search Tags:Inner Mongolia Listed companies, corporate governance structure, Internal Control
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