Study On The Government Audit’s Impact On The Performance Of Listed Central Enterprises

The Chinese government audit announcement system has been developing since 2003, the government audit of the increasingly stringent requirements, the audit results disclosure is getting more and more transparent, especially for the state-owned enterprise audit results disclosure. In recent years, with the continuous expansion of audit theory, the function of government audit, government audit and Research on the governance effect of state-owned enterprises has become the focus of attention in recent years, the audit theory and practice. At the same time, in our country’s economic system, the central enterprises at the important and key position, covering all the important energy, communication, military, science and technology, the safety of state-owned assets is not only related to the economic security of our country, and even the entire national security, if there is no reasonable use of state-owned assets play, the value of the resources, it will affect the development of the whole economic system, become a stumbling block to economic reform. So, will undoubtedly strengthen the supervision function of the government audit of the central enterprises, the central enterprises to standardize operations in the supervision of government audit, showing good corporate performance, make reasonable use of state-owned resources. Based on this situation, this paper will explore whether the government central enterprises audit of the central enterprises have a positive effect on performance.In this paper, all our central enterprises listing Corporation and its subsidiary company as the research object, based on public accountability theory, corporate governance theory, combined with the status of China’s government audit supervision of central enterprises, analyzes the impact of the government performance audit of central enterprises. This paper consists of five chapters, the first chapter, the specific account of the research background, significance and relevance of previous studies carried out abroad Review, we conclude research ideas and research methods as well as innovations and shortcomings of this article; The second chapter is relevant concepts and theoretical foundation, specifically introduced the concept of government audit, functions and features, introduced the concept of the central rate of the definition and the company’s performance and metrics in this article, and then describes the relevant public the accountability theory and corporate governance theory, as expressed in this proposed theoretical foundation; third chapter is theoretical analysis to explain the status of government audit announcement system in our country, and our government audit supervision of the central rate of the status, based on the analysis of the Government audit mechanism have a positive impact on the central rate performance; fourth chapter is empirical analysis and results of the analysis, first proposed herein can demonstrate ideas underlying assumptions, and then select the sample based on assumptions, build models and define the relevant variables, SPSS Statistics Descriptive statistical analysis software for data, correlation analysis and multiple regression analysis, the empirical results to test the hypothesis; the fifth chapter conclusions, policy implications and future prospects, the main statement of the results of this study and put forward policy recommendations and analyzes the innovation of this paper as well as inadequate.The innovation of this paper that the paper selected data from 2007 to 2014 the central enterprises performance-related, empirical research design-related variables build models for the government audit function have an impact on the central business performance provides empirical data; and by discussing the behavior of the government audit, government audit research to improve the performance of the central rate of implementation, the government audit function can play better, we put forward policy recommendations.