中文摘要：

与以往从静态视角研究内部控制缺陷不同,转而从动态修复视角考察内部控制缺陷对合规成本及其高管变更的影响。研究发现,与审计费用的显著增加相比,上市公司内部控制重大缺陷披露并未显著引起企业销管费用的异常变化,说明我国上市公司内控建设更倾向于＂监管需求＂动机。进一步研究发现,内部控制重大缺陷的披露,往往会导致高管的变更,而高管变更则促进了企业内部控制缺陷修复,并且这一结果在政府监管力度不断强化的环境下更为显著。研究结果表明,一方面我国内部控制建设并未真正成为企业的＂自律＂行为,仍然需要强化外部审计与政府内控监管,另一方面内部控制缺陷披露制度安排具有重要的压力传递价值,有助于企业优化高管团队,强化内部控制缺陷修复,改进公司治理。

英文摘要：

Different from the previous study about internal control defect from a static perspective,instead,the paper studies the internal control detect and its influence on compliance costs as well as executive change from the perspective of dynamic remediation The study indicates that compared with the significant increase in audit fee,the disclosure of significant defect in the internal control of listed companies has not caused any abnormal changes in the cost of corporate marketing cost,which means that the internal control of listed companies is more inclined to ＂regulatory demand＂ motivation.Further study finds that disclosure of significant defect in internal control often leads to changes in executives,then changes in executives contribute to the remediation of corporate internal control defect,and the above mentioned result is more obvious in an environment where the government regulation is constantly strengthened.The result shows that,on one hand,our country＇s internal control construction has not truly become the enterprises＇ ＂self-discipline＂ behavior,and it still needs to strengthen external audit and internal control of government supervision,on the other hand,internal control defect disclosure institutional arrangements has an important pressure transferring value,which is conducive to the enterprise optimizing executive team,strengthening the internal control defect remediation and improving corporate governance.