环境不确定性、企业内部控制、创新绩效相互影响机制研究

Research on the Mutual Influence Mechanism of Environmental Uncertainty,Corporate Internal Control and Innovation Performance

以2013年-2020年深沪两市的A股上市公司为研究样本,将环境不确定性、内部控制和企业创新绩效纳入同一研究框架,通过实证分析研究三者之间的相互影响机制。研究发现,环境不确定性对企业创新绩效具有“风险导向”,会对企业创新绩效产生负向影响;而内部控制本身对企业创新绩效产生正向影响,对环境不确定性与企业创新绩效之间的关系具有正向调节作用。通过进一步分析发现,内部控制五要素中的内部监督为关键要素,能显著正向调节主效应的负向关系,而信息与沟通为次关键要素,对其有一定削弱作用。

Using A-share listed companies in Shenzhen and Shanghai stock markets from 2013 to 2020 as research samples,this article incorporates environmental uncertainty,internal control,and corporate innovation performance into the same research framework.Through empirical analysis,it investigates the interaction mechanisms among environmental uncertainty,internal control,and innovation performance.This article reveals that environmental uncertainty has a“risk-oriented”impact on corporate innovation performance,leading to a negative influence.On the other hand,internal control itself has a positive impact on innovation performance,playing a positive regulating role in the relationship between environmental uncertainty and corporate innovation performance.Further analysis indicates that internal supervision among the five elements of internal control is a key factor,significantly positively regulating the negative relationship of the main effect,while information and communication play a secondary role,exerting a certain weakening effect.