Relationship Between Companies Internal Audit Quality And Corporate Performance Of CSI 300

With the rapid economic development,enterprises to actively develop their business towards a diversified direction,the expansion of enterprise scale expansion,which will inevitably lead to the increase in business sector and personnel enrollment,if not timely response to the resulting internal control Pressure,within the enterprise will be likely to appear executives dereliction of duty,financial loopholes and a series of internal control failure brought about by the consequences,which will be internal and external stakeholders suffered huge losses.As the internal supervision and guidance departments,the role of the internal audit department in the enterprise by the parties concerned.In order to meet the internal management needs of the current economic benefits of the enterprise,the International Internal Audit Association(EIA)introduced the contents of the value-added internal audit for the first time in the internal audit definition.The internal audit is no longer just the financial audit of the financial loopholes.The efficiency of the audit and effectiveness of the audit to monitor the efficiency of enterprise resource use and projects,procedures and other effects.Through the audit of financial audit work to reduce the risk of business to reduce corporate losses and through the efficiency of audit and effectiveness of the audit to maximize the use of existing resources to fully explore the enterprise human,financial and material potential for enterprises to save unnecessary resources enter.In order to find out whether the changes in the internal practice of the internal audit from the previous financial monitoring to the value appreciation can have a tangible effect on the performance of the firm.This effect is a positive impact,and the negative impact or influence is not significant.Whether it will be because of the nature of state-owned enterprises and non-state-owned enterprises to make the internal control of the internal audit function to play a different,and ultimately have a different impact on business performance.Based on the above problems,this paper chooses the listed companies in Shanghai and Shenzhen 300 Index constituent stocks from 2011 to 2015 as sample data.(IQA)is synthesized by entropy method,and seven control variables are selected,and the method of multiple regression is used to explore the internal audit quality.The internal audit quality is analyzed by using the method of multiple regression.And whether there is some connection with corporate performance.According to the actual control of the different nature of the sample company will be divided into state-owned enterprises and non-state enterprises were regression,and ultimately through multiple regression and different angles of the robustness test,the internal audit quality and business performance was significantly positive correlation,and non-The impact of the internal audit quality of state-owned enterprises on corporate performance is more significant than the impact of state-owned enterprises on corporate performance.