The Relationship Between Enterprise Internal Control Information Disclosure Quality And Enterprise Performance

Since April2010“enterprise internal control supporting guidance” have launched, thesubject about the formulation and implementation of internal control information disclosuresystem has been drawn great attention of academic and theoretical circle and attention, all theinternal control information disclosure of listed companies are experiencing a step by stepimprovement and the internal control information disclosure is going to a gradually improveprocess, but the improvement of internal control information disclosure of listed companies willbe able to really bring "good value" for the company, whether it can really promote theperformance of the company?Articles based on the above problems, with the Treasury emphasis on the enterprise internalcontrol supporting guidelines related internal control self assessment report to be released in thenotice on the basis of the template, and constructed the internal control of listed companyinformation disclosure level evaluation index and quantitatively reflect the listed company’sinternal control information disclosure level, so as to investigate whether the listed companies toimprove the quality of internal control information disclosure to improve the performance oflisted companies.Article empirical test results show that the internal control information disclosure qualityand enterprise’s total asset turnover is significantly related, enterprise internal controlinformation disclosure quality, and the total assets of yields significantly positive correlation,enterprise internal control information disclosure quality and the enterprise’s net assets yieldsignificantly positive correlation, indicating that the quality of internal control informationdisclosure can inhibit the agency cost, increase shareholder rights and interests, to improve theperformance of the firm.