Internal Audit Efficiency， Internal Audit Independence and Repair of Internal Control Weaknesses

doi:10.15936/j.cnki.1008-3758.2021.04.005

Abstract

Abstract: In order to improve the quality of internal control and reduce the risk in enterprise operation， the research selects the A-share listed companies with internal control weaknesses from 2014 to 2017 as research samples. Through Logistic regression analysis， the paper examines whether and how internal audit efficiency affects the repair of internal control weaknesses， and further examines the moderating effect of internal audit independence. It is found that the efficiency of internal audit can promote the repair of internal control weaknesses of listed companies. Internal audit independence is the essential premise for internal audit to play its role. Compared with the internal control environment with low level of internal audit independence， higher internal audit independence will promote the positive role of internal audit efficiency in the repair of internal control weaknesses.

Key words: internal audit efficiency; internal audit independence; repair of internal control weaknesses

CLC Number:

F275

WU Li， WANG Lei， LIN Nan. Internal Audit Efficiency， Internal Audit Independence and Repair of Internal Control Weaknesses[J]. Journal of Northeastern University(Social Science), 2021, 23(4): 34-41.

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