The Influence Of Equity Structure Internal Control Effectiveness

According to the COSO committee published review of the internal control integrated framework, internal control is the most basic elements of internal environment, internal control and guarantee the other factors effect into full play. With wide scope of internal environment, in many environmental factors is one of the most basic, the core of the internal governance environment, internal governance environment directly affects the internal control environment. Ownership structure is the basis of corporate governance system property, the property through the governance mechanism in the management system will also affect the efficiency of internal control. This article from the perspective of ownership structure, to study the effect of ownership structure on internal control effectiveness, this article uses the case analysis, from food select the enterprises of different ownership structure of listed companies, study the effect of ownership structure on internal control effectiveness mechanism. After excluding other influence factors which influence the effectiveness of the internal control, Merlin, ternary shares, selected the Shanghai lotus gourmet powder, xinghu technology, jin da wei, southern black sesame seed, three whole foods, tomson times health as analysis object, using internal control effectiveness evaluation system. from two aspects of ownership concentration and balance degree of internal control effectiveness, also for non-state-owned holding companies and state-owned holding company’s internal control effectiveness. Thus it is concluded that:Fora state holding listed company, ownership concentration can improve the company’s assets security, reports, reliability, operation efficiency and effect, and strategic level, had no significant effect on the management benefit.had no significant effect on the management benefit, relationship with legal compliance negative impact; For the state holding listed companies, the homologous state-owned equity checks and balances relationship has a negative effect on reliability and strategic level report, for legal compliance, asset security, the management efficiency, the effect of operation and management benefit had no significant effect:For non-state-owned holding listed companies, ownership concentration for legal compliance, asset security, reports, reliability, operation effect and operation efficiency has a positive influence, no significant influence on the operation efficiency and strategic level:The non-state-owned holding listed companies, non-state ownership balance shareholders on the all evaluation indexes to improve the effectiveness of internal control and balances are stronger than the state-owned shareholders and no checks and balances; Non-state-owned holding companies in terms of legal compliance, reliability, report management benefit is stronger than the state-owned holding company, difference in asset security, the management efficiency, at the strategic level of state-owned holding company stronger than the non-state-owned companies. According to the case analysis, in this paper, maintain proper ownership concentration, non-state-owned holding companies choose to suit their own development strategy; the state-owned holding company can introduce appropriately unless the homologous state-owned checks and balances shareholders of checks and balances relationship; state-owned holding companies should strengthen the reliability of legal compliance report and attach importance to the business benefit, To strengthen the construction of our country state-owned enterprise internal control effectiveness level.