An Empirical Study On The Relationship Between Management Characteristics And Internal Control Defects Of Listed Companies

In recent years, with the development of economy, the enterprise business increasingly diversification,and the risk issues of enterprise acing more and more.Many enterprises have found all kinds of illegal events, although illegal way of this kind of event performance each are not identical, but is essentially due to the reason of the failure of internal control system of enterprises. This series of events could not help but reflect on, when the emergence of enterprises internal control deficiencies, the managers why not timely disclosure of these defects, and for what reason did not take measures to control these defects, characteristic management is associated with the defects of internal control system. This article is in these questions are spread out about the management characteristics and defects of internal control study of the relationship between.According to the " Broken windows effect theory”, if there are defects in the internal control of enterprises, and this defect was also not timely repair, may transfer an opportunistic behavior to the violation of the implied information, indulgent they look for opportunities, take violations. When large numbers of people executives concurrently serve as board members, will form the so-called "internal control" phenomenon, in this great managerial power, and their supervision and weakening of the case, because it has the arbitrary discretion larger, enable managers to use the power of illegal or self-serving as possible. If managers to disclose internal control defect information transfer, will reflect the enterprise management failure for the market, and to the shareholders transfer operator management ability of the poor information, lead managers face is paid even the fire risk reduction, which at this time managers tend to choose to avoid or hide the defects of internal control.This paper studies in management(corporate board of directors, senior management personnel) as the research angle, only selects the listing Corporation have the defects of internal control as the research object, select significant features of management(director, the executive chairman and general manager of two duty syncretic, high frequency tube changes, general manager of sources) to test their relationship with the internal control deficiencies, draw the following conclusion: first, listing Corporation executive layer executive part-time board members higher proportion, chairman and general manager of two duty syncretic, its internal control weaknesses tend to more serious; second, top management turnover frequency is larger, associated with more severe defects of internal control; third, whether the general manager from big shareholders, and internal control deficiencies exist certain correlation, but the result is not obvious.According to this conclusion, that in order to make listing Corporation more complete internal control, in the management structure should be avoided so that the board of directors and executive staff mutual concurrently; at the same time, in the enterprise should strengthen the board of directors and managers decision-making measures of execution supervision; enterprises according to the actual need in the board of directors under the special committee, especially risk management the committee, in addition to the board of Directors Committee supervise, in a specific problem may recommend to the board of executives; finally, as a kind of scarce human resources, enterprises should this kind of resource effective and reasonable use, adjust good shareholders, board of directors, the relationship between executive layer three, give full play to the management the role for the enterprise, from the company level, establish and improve internal control system, to avoid defects of internal control risk, cope with challenges and success has very important practical significance.