An empirical study on the relationship between corporate internal control and financial performance of listed companies

Abstract

The article empirically examines the effect of internal control on corporate financial performance using a panel multiple regression model with a sample of listed A-share companies in Shanghai and Shenzhen from 2013-2021. The results of the study indicate that internal control has a positive impact on the financial performance of enterprises. This study extends the research related to the impact of internal control on corporate financial performance and provides empirical evidence for firms to improve their internal control.