Taking A-share listed financial companies in China from 2007 to 2021 as samples, this study empirically tested the influence of analyst attention on internal control of financial firms. The results show that the increase of analyst attention has a positive impact on the internal control effect of financial firms. Further examination shows that, compared with non-state-owned enterprises, analyst attention has a more significant impact on the internal control effect of state-owned financial enterprises. In addition, analysts are concerned that the internal control effect of financial enterprises with a high proportion of cash flow has improved more significantly.

Su Jingmin, Lu Qiuyan. Internal control of financial firms and analyst attention. The Frontiers of Society, Science and Technology (2023) Vol. 5, Issue 18: 53-59. https://doi.org/10.25236/FSST.2023.051809.

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