Study on Influence Factors of Disclosure of Internal Control Information in Listed Companies

Since the world-shaking Enron and WorldCom securities fraud happened, disclosure of internal control information in listed companies has rapidly become the focus of research scholars at home and abroad. Taking 103 transportation listed companies from Shanghai and Shenzhen A-share markets as the sample, and taking the basic norms of internal control jointly issued by five ministries and committees in May, 2008 and internal control matching guidelines in April, 2010 as the starting point, this paper adopts statistical analysis methods and studies the influence factor on publishing degree of internal control. The results show that there exists a direct proportion relationship between disclosure degree of internal control and the two factors, i.e. audit opinion, and corporate business performance, however, the relationship is not direct proportion and not obvious between disclosure degree of internal control and other three factors, i.e. ownership structure, the largest state-owned shareholder and firm scale.