董事会特征与内部控制缺陷信息披露——基于制度变迁视角的实证研究

Board Characteristics and Internal Control Weakness Disclosure——An Empirical Study Based on the Perspective of Institutional Evolution

以2007-2016年存在内部控制缺陷的上市公司为样本,考察董事会特征对内部控制缺陷信息披露的影响。研究发现:规模较大、会议次数较多、薪酬激励程度较低、学历水平较低的董事会在内部控制缺陷披露过程中的机会主义行为较为严重;强化内部控制监管力度能够抑制董事会的这一机会主义行为;提高董事会薪酬激励能够促进内部控制缺陷的及时修正。

This paper examines the relationship between board characteristics and internal control weakness disclosure,and shows that the board size and meeting times are significantly negatively correlated with internal control weakness disclosure,while the academic level and compensation level of the board are significantly positively correlated with disclosure.Institutional evolution can weaken the impact of board characteristics on internal control weakness disclosure.