Internal Control,Regional Corruption Levels And Executive Corruption

Since the 18th National Congress of the Communist Party of China,the Party Central Committee with Comrade Xi Jinping as the core has never changed its judgment on the situation of the anti-corruption struggle.It has always warned that the situation of the anti-corruption struggle of the whole party is still "serious and complicated",and suppressing executive corruption is also the main cause of the anti-corruption struggle section.The corruption of executives not only restricts the development of enterprises,but also brings immeasurable harm to the society and the country.In order to promote the development of enterprises and maintain social harmony and stability,anti-corruption governance cannot be delayed.In recent years,the internal control of enterprises has been accelerating,and the CSRC has also issued a series of guidelines and regulations to promote the internal control of listed companies.Internal control is an important mechanism for internal governance.However,internal control can effectively suppress executive corruption.Whether it is affected by the external corruption environment of the enterprise,there is little theoretical analysis and evidence support.Based on this,this paper,from the perspective of internal control,through theoretical analysis combined with empirical test and case analysis,discusses its inhibitory effect on the corruption behavior of listed companies,and the effect of inhibition is further explored from the perspective of regional corruption level.First of all,this paper combines different theoretical foundations and explains them theoretically.Then,after conducting an empirical test on a sample of corruption in which the listed company with public corruption was publicly reported in the media and the annual report in 2012-2016,and collecting the samples paired with it,The conclusions are as follows:First,from the overall quality of internal control of enterprises,high-quality internal control can effectively curb corporate executive corruption;second,with the increase of regional corruption level,the inhibition of internal control of enterprises against executive corruption is weakened.Finally,through the analysis of the case of PetroChina's corruption,the research content of this paper is further enriched.The research results of this paper show that the construction of internal control of enterprises is closely related to the possibility of corporate executive corruption.The suppression effect of internal control on executive corruption is affected by the level of regional corruption,strengthens the internal control of enterprises,and increases anti-corruption.The efforts to purify the external corrupt environment of enterprises have played a positive role in curbing the occurrence of executive corruption.The research in this paper is not only limited to the study of executives' internal control.It also discusses the prevention and control of corporate executive corruption from the perspective of regional corruption level.It is an important supplement to the existing corruption governance and prevention research.It also provides necessary theoretical support and empirical evidence to prevent the occurrence of corporate executive corruption.