管理层能力、内部控制与企业可持续发展

Management Capability, Internal Control and Corporate Sustainability

可持续发展能力对企业至关重要,内部控制具有重要的经济后果,研究内部控制与企业可持续发展的关系,具有一定的理论价值和重要的实践意义。以范霍恩可持续增长模型为基础构建企业可持续发展指标,以迪博内部控制指数作为企业内部控制质量的替代变量,以2012～2016年中国A股上市公司为样本,研究发现,内部控制质量的提高能够在一定程度上提升企业的可持续发展能力,较强的管理层能力能够强化内部控制质量对企业可持续发展能力的影响。进一步根据企业产权性质进行的分组研究发现,管理层能力对内部控制与可持续发展的调节作用主要体现在民营企业当中。本文结论扩展了企业可持续发展影响因素的研究,对企业内部控制的实施和评价有一定的借鉴作用。

The ability of sustainable development is vital to enterprises, while internal control has important economic consequences. Therefore, it is of great theoretical and practical significance to study the relationship between internal control and the sustainable development of enterprises. Building sustainable development indicators based on Van Home＇s sustainable growth model, taking the Dibo internal control index as an alternative variable for the internal control quality of the enterprise, the paper examines the date of the listed companies of China＇s A shares for 2012-2016, and finds that the improvement of internal control quality enhances the sustainable development ability of enterprises, and the strong management ability can strengthen the influence of internal control quality on the sustainable development ability of enterprises. A further grouping study based on enterprise property rights finds that the regulatory function of management level on internal control and sustainable development is mainly reflected in private enterprises. The conclusion extends the research on the factors affecting the sustainable development of enterprises, and provides some reference for the implementation and evaluation of enterprise internal control.