内部控制缺陷与公司业绩
Internal control defects and corporate performance

基于公司业绩角度，分析内部控制对公司业绩的影响机制，并利用2012—2015年A股上市企业的经验数据进行实证检验。研究发现：相较于内部控制健全的公司，存在内部控制缺陷的公司业绩较差；且内部控制缺陷程度对公司业绩有显著影响，内部控制缺陷越严重的公司业绩越差。
Based on the perspective of corporate performance，the paper analyzes the influence mechanism of internal control of corporate performance and uses year 2012-2015 A share listed companies’ data for empirical testing.We find that compared with companies with sound internal control，the performance of companies having defects is worse. Furthermore，the influence on the firm’s performance from internal control is statistically significant，and the higher the degree of internal control defects，the worse performance a company has.