联系我们

论文查询结果	返回搜索

论文编号：	7533
作者编号：	2120132361
上传时间：	2015/6/11 19:50:54
中文题目：	董事会、内部控制对公司绩效影响的实证分析——基于天津股权交易所挂牌企业的研究
英文题目：	The Effect of board of directors, internal control on corporate performance of small and micro enterprise——Empirical Evidence of Tianjin Equity Exchange Listed Company
指导老师：	程新生
中文关键字：	董事会有效性；内部控制有效性；公司绩效
英文关键字：	The board of directors effectiveness, The internal control effectiveness, Company performance
中文摘要：	董事会是公司治理机制的重要组成部分，董事会治理情况的优劣会直接影响到企业的经营效率，进而影响到企业的绩效和整体价值。 内部控制旨在为公司运营目标的实现提供合理保证，其重要性不言而喻，内部控制有效性能否极大地影响到公司绩效，其有效性受到何种因素的影响，已经成为公司高层管理者面临的一大难题。通过理论研究和实证研究，探究董事会有效性和内部控制有效性对公司绩效的影响，并提出提升公司绩效的政策建议是十分必要的。 本文选择2011-2013年共139家天津股权交易所挂牌企业的公司治理相关数据，首先分析了公司董事会有效性和内部控制有效性的现状，然后对董事会特征与运行有效性、内部控制有效性和公司绩效的关系进行了实证分析。本文采用总资产净利率这一指标来衡量公司绩效，采用最小二乘法对回归模型进行分析来研究董事会有效性、内部控制与公司绩效之间的关系。 本文共分为五个部分。引言部分介绍本文的研究背景、研究意义和研究方法，对国内外学者的主要研究观点进行概括和总结。第二部分为董事会有效性、内部控制有效性与公司绩效的理论基础，该部分分别阐述了董事会有效性、内部控制有效性与公司绩效的内涵与度量方法，同时介绍了相关基础理论以及本文采用的董事会有效性和内部控制有效性评价体系的衡量标准。第三部分以天津股权交易所挂牌企业为例描述公司董事会有效性及内部控制有效性的现状。第四部分构建回归模型，实证检验了天津股交易所挂牌企业董事会有效性以及内部控制有效性对公司绩效的影响。第五部分总结了研究结论，为公司提出加强董事会有效性和内部控制有效性，从而进一步提升公司绩效的政策建议，并对本课题未来的研究方向进行了展望。 本文的创新点与特色在于，首先，创新性地运用南开大学公司治理项目组创建的公司治理指标评价体系中的董事会特征及运行有效性指标和内部控制有效性指标对公司董事会有效性和内部控制有效性进行评价，并综合研究二者对公司绩效的影响。其次，现有研究中大多从内部控制披露或内部控制缺陷的角度对内部控制进行研究，而本文从董事会特征和运行有效性及内部控制有效性的整体角度进行了研究。
英文摘要：	The board of directors is an important part of corporate governance mechanism. It is an important decision-making and supervision institution in the company which ultimately responsible to a company's operations. The board of director governance quality will directly affect the management efficiency of the enterprise, and affect the performance and the overall value of the enterprise Internal control is so important because it is designed to provide reasonable assurance for the realization of the company's operating objectives. How can internal control effectiveness greatly affect the corporate performance? What factors influent its effectiveness? These questions have become big problem which the company top managers have to face. Through the theoretical research and empirical research, to explore the influence of board effectiveness and internal control effectiveness on corporate performance, put forward suggestions to enhance company performance is very necessary. This thesis choose a total of 139 companies’ corporate governance related data in Tianjin stock exchange, First analyzes the status of company's board effectiveness and internal control effectiveness, and then make empirical analysis to the board of directors characteristics and operation effectiveness, the internal control effectiveness and corporate performance empirical analysis. This thesis is divided into five parts. The first part mainly introduces the research background, research method of this article, generalizes and summarizes the main research points of scholars. The second part is the theoretical basis of the board effectiveness, internal control effectiveness and company performance, this part expounds the connotation and measurement method of the board effectiveness, internal control effectiveness and company performance, at the same time introduces the principal-agent theory, agency cost theory, resource dependence theory, new economic growth theory, signaling theory and related basic theory. Third part use Tianjin equity exchange listed enterprise as an example to describe the present situation of the board effectiveness and the internal control effectiveness, analyze the mechanism of how do effectiveness of the board and internal control effect corporate performance, and make the theory preparation for the following empirical study. The fourth part is the empirical analysis part, on the basis of theoretical analysis, through the choice of sample data and variable index selection, build the regression model, using SPSS software empirically the effectiveness Tianjin stock exchange listed company board of directors and internal control effectiveness impact on corporate performance. The fifth part summarizes the research conclusion, put forward recommendations to strengthen the board of directors and internal control effectiveness, so as to improve the performance of the company, and prospect the future research direction of this project. In this paper, there are two innovation points and features. First of all, the innovative use of corporate governance index evaluation system of the board of directors characteristics and operation effectiveness index and internal control effectiveness index of Nankai university corporate governance team to evaluate effectiveness and internal control effectiveness of the company. Secondly, most of the existing studies explore the impact on corporate performance from the perspective of control information disclosure or internal audit, but this article study board characteristics and operational effectiveness and the effectiveness of internal control from the overall angle.
查看全文：	预览  下载(下载需要进行登录)