Research On The Validity Of Listed Company Internal Control

The internal control is one of the important content of the enterprise management, and has always been a research focus of scholars both at home and abroad. Governments on the enterprise internal control and the establishment of the very seriously and have been constantly improve, such as America’s "the COSO framework", Japan’s "financial report internal control evaluation and audit management rules implementation guidelines", Britain’s "enterprise control comprehensive standards", France’s "financial safety", etc. These show that the research of internal control is very important. In2008, China promulgated the enterprise internal control basic standard ", for the first time in our country enterprise construct a framework of enterprise internal control standards, the listed companies on China’s internal control system put forward higher request. The implementation of the enterprise standard already two years, the enterprise implementation of the enterprise internal control basic standard ", further improve the effectiveness of internal control whether has become governments and corporations is very concerned about the problem.Although empirical research in our country has been in some areas has made a great progress, but in the internal control, there are research blank. In this paper, the method of empirical survey of the internal control of enterprise value of the impacts of the change, trying to prove the enterprise internal control basic standard "is effective. The empirical study of the main elements analysis, to560companies listed on the2008and2010years of data as samples, and related data extraction of internal control and enterprise value quantitative, draw the following conclusion:the first is the internal control to the promoting function of enterprise value to further strengthen, the enterprise internal control basic norms of implementation is effective. Second internal control five elements are balanced development, and control the environmental elements, risk assessment factors, information and communication elements and supervision and elements of the promoting function of enterprise value are increased, but control activities elements of the development is slower. So enterprise in the implementation of the enterprise internal control standard ", attention should be paid to control activities when the system set of elements. Finally in addition to the capital structure, profitability and company size on the promoting function of enterprise value are improved.