The Study On Measure Of Listed Companies’ Failure Of Internal Control And Statistical Analalysis

In recent years, as long as the enterprise has the problem, these problems will be attributed to the failure of internal control. Whether the American Enron, world communications all of this kind of major accounting fraud events or executives dispute of Shanghai Jahwa in our country, it seems that in our opinion, the internal control can solve all problems. However, if we can use some way to measure the internal control failure situation in the absence of accounting fraud or illegal events, it may be able to be corrected promptly, then nip in the bud. But what kind of internal control is effective? How to measure whether internal control is fail or not? After study the literature of domestic and abroad, the author find that there are many methods to measure the internal control failure, but lacking of unified and efficient method. This is one of the problems this article intends to solve.The author uses the method of literature research, and summarizes the literature of domestic and abroad, and combining the method of statistical analysis, and analyses the failure of internal control of listing Corporation. First of all, the author check carefully and summarize the massive related literature of internal control failure measure, summarize and compare to the main three measures of internal control failure at domestic and foreign, and explain the basis of index in this article and the basis from the perspective of the actual controller and the proportion of the first shareholder. Then, the author selects all listed Corporations in our country which announced the non-standard auditing opinions on enterprises’ internal control from2011to2013as the observation of the sample, and uses the internal control index to measure the enterprise internal control status. The general descriptive statistics were analyzed from the humanities environment, governance structure, service control, information disclosure of internal control and external supervision in order to find the common problems of all Sample Firms, and concluded that humanistic environment and service control of the Sample Firms are poor. Then this article analyzes the enterprise’s the internal control failure from the three dimensions of industry distribution, the actual controller and the proportion of the first shareholder in order to get the existing sample industry distribution and the sample’s problem in the different ownership structure. Finally the paper draws the conclusion that invalidation of internal control in enterprises industry mostly is manufacturing industry, and State owned holding enterprises accounted for the highest, and the relationship of ownership concentration and internal control has difference in different indexes. Finally, according to the statistical analysis results this paper draws conclusions, and puts forward the corresponding suggestions separately in the four aspects of humanities environment, service control, industry and external supervision.