公司战略对内部控制缺陷信息披露的影响研究

The Influence of Business Strategy on the Internal Control Weakness Disclosure

公司是否披露内部控制缺陷信息具有一定的自由空间,并取决于自身的动机,而实施不同战略的公司在选择内部控制缺陷信息披露的决策方面可能存在差异。本文以2012-2017年A股上市公司作为样本,研究公司战略对内部控制缺陷信息披露的影响。本文发现公司战略会显著影响其内部控制缺陷信息的披露,进攻型公司披露内部控制缺陷信息的可能性高于防御型。进一步研究发现,管理层权力越大,越会削弱公司战略与内部控制缺陷信息披露之间的正相关关系。本文从公司战略的角度丰富了内部控制缺陷信息披露影响因素的研究,并为外部利益相关者判断公司内部控制缺陷的信息披露决策提供了新途径。

Whether a company discloses internal control weakness information has a certain amount of freedom and depends on its own motives and companies implementing different strategies may have differences in their decision-making regarding internal control weakness disclosure.This paper uses A-share listed companies from 2012 to 2017 as a sample to investigate the impact of business strategy on the disclosure of internal control weaknesses.This paper finds that business strategy will significantly affect the disclosure of internal control weaknesses.Offensive companies are more likely to disclose internal control weaknesses than defensive companies.This paper further finds that the greater the power of management,the weaker the positive correlation between the business strategy and the disclosure of internal control weaknesses.This paper enriches the research on the influencing factors of internal control weakness disclosure from the perspective of business strategy,and provides a new way for external stakeholders to judge status of the company’s internal control weakness disclosure.