The Empirical Study Of Internal Audit Based On The Perspective Of Corporate Governance

Corporate governance and internal audit are different, but related and promote.The twoare essentially a fiduciary duty system in which the control mechanism.Corporate governancewill inevitably affect the effectiveness of internal audit, internal audit and development ofsound will also give the conditions for the improvement of corporate governance.Salesmanagers to implement the effective internal audit is inseparable from the scientific andreasonable corporate governance structure, company management is the main body that thecompany administers, It is the subject of internal audit.But how to choose and employmanagement scientifically is decided by corporate governance structure, Companymanagement layer is in charge of the production and operation in the enterprises, To decidethe major issues of the enterprises.If the company governance structure is not perfect, thecompany of managers did not establish a effective supervision and incentive mechanism,Corporate governance can not achieve its expected goal, then the company managers also lackthe establishment and improvement of supervision and enthusiasm which internal auditshould have, It makes the company easily issued non-standard audit opinion. Now enterprisethe problems in internal audit and imperfect in corporate governance structure is correlated,they are two existing interactive relation. In the course of business enterprises,they influenceeach other: imperfect corporate governance restrict supervision of internal audit. the missingor not of the internal audit plays an important role in corporate governance, and furtherundermined the corporate governance efficiency effectively.This article analyse listed companies through2009and2010issued non-standard auditopinions (unable to express opinions and reservations) listed companies and similar assets,equity, similar to the same industry with a Stock Exchange.Through the correlation analysisof corporate governance and internal audit in listed company.On related indicators selection ofcorporate governance and internal audit,construct a related empirical model of corporategovernance and internal audit. Try to find the problems of internal audit, and find the causesof the existing problems in internal audit from the corporate governance level. And then Toimprove internal audit quality through the corporate governance in listed companies.Through the research, this paper draws the following conclusions: first, corporate governance and internal audit exists certain correlations. It prove the quality of internalaudit is affected by the legal person shares, the number of independent directors, board, thechairman and general manager concurrently, the rate of assets and liabilities through theempirical study. Second, in order to promote the capital market as healthy and orderly, realizethe sustained and healthy economic development, It must have a sound corporate governancestructure and a perfect internal auditing combination, in the interactive research of the twosustainable development. However, due to less disclose in related information of our currentinternal audit t, It is unable to obtain the relevant internal audit quality direct index, in theselection of the audit opinion as the quality of internal audit of alternative indicators offar-fetched. It may be because the sample and the dependent variable selection problem,leading to conclusions appear deviation.