An Empirical Study on the Quality of Internal Control and the Financing Cost of Enterprises

DOI

10.2991/emcs-17.2017.207How to use a DOI?

Keywords

Internal control quality; Debt financing cost; Equity financing cost

Abstract

The internal control can transfer assets to the outside world security situation of the efficiency of corporate management and other signals, its essence is a guarantee for the normal operation and the control mechanism of enterprises development, it can help enterprises to achieve lower transaction costs.This article uses Internal control index from Shenzhen Dibo Enterprise Risk Management Technology Co. Ltd., internal control and risk management database,through descriptive statistics, Pearson test and multiple regression analysis the influence of internal control quality on the financing cost of enterprise is investigated.The results show that the better the quality of internal control, the lower the cost of corporate finance.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Aolin Liu
PY  - 2017/03
DA  - 2017/03
TI  - An Empirical Study on the Quality of Internal Control and the Financing Cost of Enterprises
BT  - Proceedings of the 2017 7th International Conference on Education, Management, Computer and Society (EMCS 2017)
PB  - Atlantis Press
SP  - 1071
EP  - 1078
SN  - 2352-538X
UR  - https://doi.org/10.2991/emcs-17.2017.207
DO  - 10.2991/emcs-17.2017.207
ID  - Liu2017/03
ER  -