Research On The Impact Of Internal Control Quality And Social Responsibility Information Disclosure Of Coal Enterprises On Financial Performance

As the main mechanism in the business process,high-quality internal control of an enterprise can improve the company's business efficiency and management level,and provide an important guarantee for improving financial performance.At the same time,assuming social responsibility can help companies gain support and recognition from the society,making it an additional advantage for internal control quality to improve financial performance,and enable companies to better achieve sustainable development.Coal enterprises have an extremely important position in the national economy and social development.At present,corporate social responsibility issues are frequently occurring,and internal control construction has not been fully integrated with social responsibility information disclosure,which has an adverse impact on corporate financial performance.Based on the current background,this article first collects and sorts out domestic and foreign literature on internal control quality,social responsibility information disclosure,and financial performance of coal companies,then defines related concepts,and discusses principal-agent theory,stakeholder theory,and information Asymmetry theory and signal transmission theory are discussed.At the same time,it analyzes the internal control quality,social responsibility information disclosure and financial performance status and existing problems of listed comp anies in the coal industry,and then selects the effective data of China's listed coal companies from 2015 to 2019 as the research sample,and analyzes social responsibility based on the stakeholder theory.Information disclosure is classified in five aspects:shareholder responsibility information disclosure,employee responsibility information disclosure,supplier,customer and consumer responsibility information disclosure,environmental responsibility information disclosure,and social responsibility information disclosure,and a comprehensive information disclosure to measure the social responsibility of coal listed companies is designed.The evaluation index,and the internal control index of Dibo database to determine the internal control quality index,and the return on total assets as the quantitative index of financial performance.Based on this,hypotheses are proposed and the main effect model and the intermediary effect model are constructed,using SPSS21.0 and Excel And other statistical analysis software conducts an empirical analysis on the relationship between the three,and finally replaces the return on total assets of the financial indicator with the return on net assets to test the robustness of the regression results,and get the final result.The research results point out that both the internal control quality and social responsibility information disclosure of coal enterprises have a positive effect on financial performance.The internal control quality can have a positive impact on financial performance by strengthening social responsibility information disclosure,and corporate social responsibility information disclosure bears part of it.Mediating Role.Among them,corporate social responsibility comprehensive information disclosure and social responsibility information disclosure play part of the intermediary role,corporate shareholder responsibility information disclosure plays a full intermediary role,and the intermediary effect of other social responsibility information disclosures is not significant.In this regard,it is proposed from the enterprise level that the company's internal control should be improved,actively assume social responsibilities,and strengthen the recognition of corporate management;from the government level,it is proposed to strengthen the legal system,strengthen external supervision,and establish a third-party audit system,so as to promote the long-term and Stable development.