An Empirical Study On Audit Committee Characteristics And Internal Control Effectiveness Of State Holding Listed Companies

After twenty years' quick development,China's capital market grows more regulated with development,making people realized that the internal control plays the key role to make sure accurate financial information and healthy company development.As China's state-controlled listed companies,the more complex corporate governance environment has brought extremely serious challenges to their government effect.Therefore,how to better improve the corporate governance mechanism to ensure that it operates in accordance with the governance mechanism has become the focus of attention,especially in terms of corporate governance audit committee indispensable positive role.As an important functional department of corporate governance of listed companies,Audit Committee plays an irreplaceable role in improving internal control.It is based on the company's internal control mechanism audit,including the relevant laws and regulations and internal policy compliance,the company's operational performance and evaluation mechanism operation,the effectiveness of internal control,in order to detect and correct the internal control of the exposed issues to make sure efficient operation of internal control mechanism.Taking into account the actual situation of China's state-controlled listed companies with special corporate governance background,this paper analyzes the relationship between internal control effectiveness of the state-controlled listed companies and the characteristics of the audit committee,based on the data of the listed companies of Shanghai and Shenzhen A-share listed companies from 2010 to 2015.Furthermore,this paper put forward suggestions to improve China's state-controlled listed company audit committee system,further enhance the effectiveness of internal control,in order to better protect the public interest to contribute.