The Intermediary Effect Research Of Technological Innovation On The Relation Between Internal Control And Enterprise Growth

In 2009,China's GEM market ushered in its first listed company.The rapid development of GEM listed companies not only enriched social knowledge reserves,optimized capital resources,but also improved the overall entrepreneurial atmosphere of the society.Promote the economy to develop upwards.However,because China's"Basic Norms for Enterprise Internal Control" does not explicitly require GEM listed companies to disclose internal control information,The overall construction is relatively weak,and it will not be conducive to the healthy development of the listed companies on the GEB.In order to strengthen the awareness of GEM companies'internal control,and guide GEM companies to establish a growth-oriented internal control system,it is necessary to proceed fundamentally to deepen the effectiveness of internal control of GEM companies.From the perspective of resource foundation,this article regards internal control as an institutional resource,introduces internal control resources into the entire management system,and takes technology innovation as the starting point to study internal control to achieve technological innovation.enhance competitive advantage,and promote sustainable and healthy growth of the company.Based on this,the data of 237 GEM listed companies in 2012-2016 were selected as research samples,and the relationship between internal control,technological innovation and corporate growth was studied.Through empirical research,the test results are as follows:(1)There is a significant positive correlation between internal control and corporate growth.(2)There is a significant positive correlation between internal control and technological innovation.(3)There is a significant mediating effect of technological innovation in the relationship between internal control and corporate growth.Based on this,this article proposes the following suggestions:GEM listed companies can establish growth-oriented internal control systems based on technological innovation strategies during the process of system construction.First of all,we must clarify the objectives of internal control.Second,we must establish the object and focus of internal control,optimize the environment for internal control,and improve the content of internal control on this basis.