Research On The Role Of Internal Control In The Anti-corruption Of State-owned Enterprises

Since President Xi Jinping came to power,China’s crackdown on corruption has been increasingly intensified,and the construction of clean government in our country needs to be strengthened.With the deepening of the reform of state-owned enterprises corruption,corporate executives corruption cases showed the in great quantities,involving corruption through the control of power,take advantage of loopholes in internal control as,corruption,great benefits for individuals.How to reduce the opportunities for senior executives’ corruption through internal control of the five elements,and reduce the corruption of senior executives,has becomes the biggest problem at present.Based on the comprehensive review of anti-corruption and the role of internal control in state-owned enterprises anti-corruption,on the basis of related literature,in combination with the principal-agent theory,rent-seeking theory is analyzed,and the fraud motivation theory from the aspects of internal control failure analyses the causes of corruption: state-owned enterprises executives under pressure from economic use of loopholes in the internal control to create opportunities for fraud to commit corruption,this paper expounds the five elements of internal control in state-owned enterprises play a positive role in inhibition of anti-corruption campaign,namely through establishing and perfecting internal control can reduce the chance of corruption of state-owned enterprise executives,close and reduce corruption.In combination with the case of the corruption of the senior executives of Faw Car,the paper examines the causes of corruption from the five elements of internal control,and thus verifies the theoretical analysis of the previous text.Finally,the conclusion is drawn from this paper: state-owned enterprise executives,due to various factors such as economic pressure,will conduct corruption by looking for internal control loopholes as an opportunity.It is particularly important to establish a perfect internal control system to reduce the chances of corruption among senior executives.Research enriched based on the fraud motivation theory,this paper analyses the corruption and curb corruption internal control aspects of literature,illustrates the necessity of enterprise internal control construction,to prevent the occurrence of state executivecorruption provides the necessary theoretical foundation and empirical evidence.