The Influence Of Government Audit On Internal Control And Performance Of State Owned Enterprises

After the Eighteenth National Congress of the CPC,the auditing group conduct sudden visits the important central enterprises,found kinds of violations, and the violations behind reflects the existence of internal control and other aspects of the state-owned enterprises.The actual controller of state-owned all A-share listed companies as the object of study,2008-2014 auditing department issued central enterprise annual financial revenue and expenditure audit of audit results announcement of the central enterprise group directly or indirectly holding listed companies as sample,an empirical test that if the government audit can improve the state-owned enterprise internal control,and if promoting state-owned enterprise internal control can improve the performance of state-owned enterprises.After the empirical analysis,this paper draws the conclusion:(1)The audit resources are not enough hand number of state-owned enterprise of our country are numerous,there are important financial indicators and internal governance indicators which are standards for auditors to select the state-owned enterprises.(2)The government audit force the state-owned enterprises in charge based on their own long-term interests to improve internal control.(3)Internal control have greater impact on performance when there is government audit.The innovations of this paper:(1)there are no previous papers related,so the paper provides a supplement to the relevant research and the new visual.(2)offer ideas for the government audit and the state-owned enterprises to improve the internal control and operating performance of state–owned enterprises.(3)the government audit and other related regulators can take reward and punishment measures to motivate and constrain the state-owned enterprises based on the audit results.