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Academic Journal of Computing & Information Science, 2020, 3(1); doi: 10.25236/AJCIS.2020.030109.

Research on the Effect of Internal Control Effectiveness on Enterprise Value—Based on Empirical Data from the Real Estate Iindustry

Author(s)

Yaning Zheng

Corresponding Author:
Yaning Zheng
Affiliation(s)

School of Management, University of Science and Technology, Xi'an 710000, China
546381197@qq.com

Abstract

In recent years, internal control plays an increasingly important role in the development of the enterprise. In addition, the value management is a kind of new enterprise management mode of creating value for the target, highlighting the core status of enterprise value management idea and promoting the enterprise value has been increased. The paper is based on the Shanghai and Shenzhen main board listed companies, and it analyzes the present situation and problems of internal control about them. Then, this paper regards the internal control the effectiveness of the comprehensive index as explanatory variables and regards enterprise value as the explained variable and regards company size and ownership concentration as control variables. At first, the paper finds the comprehensive score of the internal control’s effectiveness by factor analysis. Second, it uses regression analysis of enterprise value by coupling with other variables.In the end,the impact of the effectiveness of internal control on enterprise value is positive.

Keywords

Internal Control, Enterprise Value

Cite This Paper

Yaning Zheng. Research on the Effect of Internal Control Effectiveness on Enterprise Value—Based on Empirical Data from the Real Estate Iindustry. Academic Journal of Computing & Information Science (2020), Vol. 3, Issue 1: 83-95. https://doi.org/10.25236/AJCIS.2020.030109.

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