Internal Auditing Quality,the Largest Shareholder Control And Corporate Cost Stickiness

The steady development of the national economy cannot be separated from the healthy growth of enterprises.As General Secretary Xi Jinping puts forward the principle of "three cuts,one reduction and one replacement",the management of corporate expenses is increasingly important."Reduce costs" For businesses,which need to reduce business costs,especially in the business revenue decline,the high cost to be controlled,which is to reduce the cost of sticky business,more scientific cost management,which in the current Under the environment of great practical significance.Although many policies are promulgated by the government to promote the rationalization of enterprise costs,the enterprises still have high cost stickiness,which is not conducive to the improvement of the efficiency of enterprise management.Internal Audit Quality As an important part of corporate governance,in recent years,with the occurrence of Enron and WorldCom accounting fraud,people pay more attention to the importance of internal audit in company management.As for the expenses that play a(?)important role in the achievement of business management and profit targets Have a significant impact.In addition,for listed companies,the controlling shareholder of the largest shareholder and the nature of property differences,but also to a certain extent,affect the quality of internal audit and cost sticky level.The relationship between viscous and related forces in order to achieve the goal of weakening corporate cost stickiness and improving business efficiency.Through literature review,this paper argues that:high-quality internal audit can promote the true accounting information of enterprises,On the basis of this combing,combined with the basic theories of principal-agent,information asymmetry,and behavioral science,and related research results,the thesis hypothesized that the A-share listed company in Shenzhen City in 2014-2016 was used as a sample for research and a variety of statistics were comprehensively adopted.Analytical methods empirically test whether high quality internal audit can reduce the stickiness of corporate expenses,and introduce the control of the largest shareholder and whether the enterprise is a state-controlled variable,and further explore the role of internal audit quality and corporate cost stickiness. Based on the above analysis conclusions,the paper proposes three aspects from strengthening the construction of cost management specification system,perfecting the internal auditing system and regulations,optimizing the ownership structure,etc.,and put forward the research limitations and research directions that can be considered.The main contributions of this paper are as follows:Firstly,the dissertation analyzes the weakening effect of the increase of the quality of internal audit on the stickiness of the enterprise cost.This paper empirically tests the impact of the quality of internal audit on enterprise cost stickiness,and combines the influencing factors of enterprise cost stickiness with the internal audit quality of enterprises.Second,this article enriches and expands the economic consequences of internal audit quality by collecting data by hand.However,according to the theoretical analysis,the economic consequences brought by the internal audit quality are very extensive and the research space is very big.This paper empirically tests the internal and external factors that affect the quality of enterprise earnings management,risk prevention and control.The impact of audit quality on enterprise cost stickiness,which plays an important role in enterprise management,has expanded the research ideas.Through the empirical study,this paper provides theoretical support for the owners and managers of the company to optimize the cost management and enhance the efficiency of the enterprise through the improvement of the internal audit quality.