Pacific-Basin Finance Journal, 51, October 2018

董事会成员的个人特征和内部控制缺陷：来自中国的证据

作者：Yu Lu (Hunan University, China)

Yue Cao (Beijing Technology and Business University, China)

摘要：本研究利用中国上市公司2007 - 2015年的数据，研究董事会成员的个人特征与内部控制缺陷之间的关系。结果表明，教育、经验、证书、诚信、训练等董事会成员的个人特征与内部控制缺陷有关。结果还表明，董事会主席的个人特征与内部控制问题有关。综合结果表明，在董事会成员和董事长任职资格较强的公司中，内部控制质量更好，内部控制缺陷会降低，缺陷补救措施更可能得到应用。此外，所有权对董事会特征与内部控制之间的关系具有调节作用。然而，董事会的行为并不能调和董事会成员与内部控制之间的关系。因此，文章认为董事会成员的特征与内部控制直接相关。对于董事们而言，知道董事会成员的特点确实会产生影响是很有用的。

The individual characteristics of board members and internal control weakness: Evidence from China

Yu Lu (Hunan University, China), Yue Cao (Beijing Technology and Business University, China)

ABSTRACT

This study examines the relationships between the individual characteristics of board members and internal control weaknesses using data from Chinese listed firms from 2007 to 2015. The results indicate that the individual characteristics of board members including education, experience, certification, integrity and training are related to internal control deficiencies. The results also show that the individual characteristics of board chairmen are related to internal control problems. The overall results demonstrate that internal control quality is better, internal control weaknesses are reduced and weakness remediation is more likely to be applied in firms in which board members and board chairpersons have stronger qualifications. Furthermore, ownership has a moderating impact on the relationship between board characteristics and internal control. However, board behavior does not mediate the relationship between board members and internal control. Thus, it is suggested that board characteristics and internal control are directly linked. It is useful for directors to know that the characteristics of board members do make a difference.

原文链接：https://www.sciencedirect.com/science/article/pii/S0927538X17301890

翻译：阙江静