A Study On Internal Control Environment Of Small And Medium-sized Enterprises Board Listed Company

In our country small and medium-sized enterprises in the national economy occupies very important position. By the end of 2013, registered with the administrative department for industry and commerce of small and medium-sized enterprises reached 4, 2 million,registered with the administrative department for industry and commerce for more than99% of the total enterprises, small and medium enterprises to create more than 60% of the total economy in our country, the small and medium-sized enterprises occupy half of our country’s economy. In recent years, the national support to the development of small and medium-sized enterprises is more and more big, the special fund, tax incentives, fiscal policy is inclined to small and medium-sized enterprises, small and medium-sized enterprises has become an integral part of our country economy. The development of small and medium-sized enterprises provide society with a lot of jobs, as well as the activation of market competition, promote the economic growth, has also played an important role in promoting scientific and technological innovation. But the development of small and medium-sized enterprises still face many obstacles, such as huge capital requirements, lack of risk response capacity and short-term opportunism prevailed, and so on, small and medium-sized enterprise long-term health development.The establishment of the small and medium-sized plate is a very important step of the development of the multi-level capital market in China, to solve the problem of small and medium-sized enterprise financing has positive significance, but also is advantageous to the impetus to the development of private small and medium-sized enterprises, the main board of the listed company, the role of the coordinated development of the gem listed companies, increase the economic development of our country new vitality. Small and medium-sized enterprises board is received since set up all aspects of the "attention", the external strict regulation is one of the small and medium-sized plate system background.However, can only rely on the external supervision fundamentally meet the needs of the development of the company, internal supervision and tend to be more self can reflect acompany’s soft power, the establishment of internal control and perform to a certain extent,is the inner motive power of self monitoring, small and medium-sized plate company a far-sighted entrepreneurs will not ignore the company management confusion, false financial information, and fraud, he will inevitably attaches great importance to the internal supervision, and the internal control is one of the existence of internal supervision. In a sense, internal control is the important guarantee to the healthy development of the company in the long run. But our country small and medium-sized plate company internal control "sham" actually, the majority of small and medium-sized plate tend to look at the internal control disclosure, and ignore the internal control to carry out, or just meet regulatory requirements. Based on this, this article will research object on the small and medium-sized plate company internal control, and internal control includes many aspects,the control environment is the basis of internal control, so this paper will research perspectives on the control environment. This paper argues that affect the level of small and medium-sized plate company internal control of the control environment factors have ownership structure, equity structure, operating stability, executives shareholding,corporate governance in five aspects. According to the internal control environment factors to choose corresponding variables, using empirical analysis control environmental elements impact on small and medium-sized plate company internal control level. Finally,based on the empirical analysis, from the Angle of control environment, puts forward some countermeasures for perfecting the internal control of small and medium-sized plate company and measures.Research of this paper mainly includes four parts, the first part is literature review and theoretical basis, the internal control of small and medium-sized plate related literature, to find out in this paper, we study the breakthrough point, simply in this paper, the development of internal control at the same time, pointed out in this paper, we study the theoretical basis, the information asymmetry theory, principal-agent theory and contingency theory; The second part is to analyze the characteristics of small and medium-sized plate internal control and the present situation, points out that internal control deficiencies, and then analyzed the internal control and control of environmental factors, and factors that influence the mechanism of a simple description; The third part is the empirical part, the second part based on the impact of small and medium-sized plate internal control to control the environment factors analysis, using the 2013 Shen Zhen small and medium-sized boards of listed companies related public data, build the model and testhypotheses, and finally came to the conclusion that from the two aspects of control environment verify related factors that affect the level of internal control; The last part is the countermeasures and Suggestions, according to the above theory and empirical analysis,literature, and each rules and regulations, from the aspects of control environment, puts forward some countermeasures and Suggestions to perfect the internal control of small and medium-sized plate company.