Research on Improving the Internal Control Mechanism of Enterprises Based on Independent Director Reputation Incentives
Due to the profit seeking nature of capital,it is quite common that the internal control in enterprises become a mere formality.But with more and more companies experiencing financial crises,it is urgent to establish internal controls that are conducive to sustainable development.This not only concerns the realization of core elements of financial performance,but also improves the effective utilization of resources.Independent directors are a power balance and supervision system that originated in the United States in the 1960s.Due to their independence and professional authority,they can play a corresponding balancing role while compensating for board decision-making errors.Starting from referencing excellent foreign experience and combining with the actual situation of Chinese enterprises,this paper draws on the incentive transmission mechanism framework of reputation based on"signal-capital-psychology"to improve the independent director reputation incentive system,in order to assist in the construction of good internal control.With the aim of establishing a top-down,internal and external supervision and incentive system for enterprises,the independent director system can better play its role,identify business risks throughout the entire process,and ultimately achieve effective control and response to exposed business risk points.
internal controlindependent directorsbusiness risksrisk point control
万方数据
维普
