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The early 21st century , the United States in succession broke out a series of accounting scandals of Enron, WorldCom , had a tremendous impact on the U.S. stock market , and led to the enactment of the Sarbanes - Oxley Act , resulting in the community of the internal control the focus of the attention is gradually warming , academics will also study the steering internal control . In recent years, there have Joan people source , Zhengbaiwen and the Guangxia accounting scandal caused a public high degree of attention to quality and information disclosure of listed company's internal control . In 2008 , the Chinese Ministry of Finance , together with the Securities and Futures Commission, the Audit Commission , the China Banking Regulatory Commission , China Insurance Regulatory Commission jointly issued the enterprise internal control basic norms \the bill was officially launched . April 26, 2010 , five ministries jointly issued the \The supporting guidelines , including internal control application guidelines , internal control evaluation guidelines and internal control audit guidelines and the implementation of provisions of the companies listed on the inside and outside at the same time since January 1, 2011 , 2012 January in the Shanghai Stock Exchange , the Shenzhen Stock Exchange listed company on the Main Board of execution. \Normative research and empirical research method of combining the 2009 annual report of the A-share listed companies of China 's Shenzhen and Shanghai motherboard and internal control report , to explain the correlation between the disclosure of listed companies characteristics of the internal control evaluation report and draw relevant conclusions : the size of the internal control evaluation report on the possibility of disclosure of listed companies , whether a significant positive correlation to establish internal audit department ; , time-to-market significantly negatively correlated with the level of debt financing ; business complexity , social reputation , financial The quality of reporting relationship was not significant . According to the conclusions of a study , respectively, from the three perspectives of policy makers , listed companies and accounting firms , for the disclosure of the internal control evaluation report to make recommendations for changes in our internal control system to provide empirical evidence to support .
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