内部控制审计质量对高管薪酬的影响—基于A股房地产上市公司的研究

The Impact of the Audit Quality of Internal Control on the Executive Compensation—Research on the A-Share Real Estate Listed Companies

房地产行业属于资金密集型的行业,房地产上市公司的规模大,业务多,固有风险比较高。因此有必要聘请会计师事务所对公司的内部控制进行审计,出具内部控制审计报告评价企业内部控制的有效性。本文以2014~2016年A股房地产87家上市公司数据为依据,利用STATA软件和面板数据模型进行实证分析,研究了A股房地产上市公司内部控制审计质量对高管薪酬的影响。研究结果表明:内部控制审计质量越高,高管薪酬越高。本文为我国房地产行业设计有效的内部控制制度,提高内部控制审计质量,促进内部控制的设计和运行的有效性,研究内部控制审计质量对公司治理结构的影响提供了经验证据。

Real estate industry belongs to the capital-intensive industry;The scale of real estate listed com-pany is large, doing multi-services and with high inherent risk. Therefore it’s necessary to hire the accounting firm to audit the internal control of the company, and issue the audit report of internal control to evaluate the effectiveness of internal control. Based on the A-share real estate data of eighty-seven listed companies from 2014 to 2016, the paper studies the impact of the audit quality of internal control within the A-share real estate listed company on the executive compensation, using STATA software and panel data model. The result shows that the higher the quality of internal control auditing, the higher the executive pay. This paper provides the real estate industry with the empirical evidence to design the effective system of internal control, to improve the audit quality of internal control and to promote the effectiveness of design and operation of internal control.