煤炭企业内控质量对企业价值的影响研究——基于社会责任的中介效应

Research on the impact of internal control quality of the coal enterprises on corporate value——based on the social responsibility mediation effect

为研究内部控制质量对企业价值的影响,社会责任在两者间的中介效应,收集煤炭上市公司2010—2019年的相关数据为研究样本,通过构建模型对内控质量、社会责任、企业价值进行实证分析。研究表明:在煤炭企业中,内控质量与社会责任、企业价值均呈显著正相关;社会责任在内控质量影响企业价值的过程中存在中介效应;社会责任的中介效应对煤炭企业价值的影响具有滞后性。因此,为提高企业价值,煤炭企业应当加强内部控制监督,积极履行社会责任。

In order to study the influence of internal control quality on corporate value,the mediating effect of social responsibility between the two.Collecting relevant data of coal listed companies from 2010 to 2019 as research samples,and an empirical analysis was conducted on internal control quality,social responsibility,and corporate value by constructing models.Research shows that in the coal enterprises,internal control quality is significantly positively correlated with social responsibility and corporate value.Social responsibility has an intermediary effect in the process of internal control quality affecting corporate value.The intermediary effect of social responsibility has a lagging effect on the value of coal enterprises.Therefore,in order to increase corporate value,the coal enterprises should strengthen internal control and supervision and actively perform social responsibilities.