Empirical Research of Internal Control Environment Quality in China's Listed Companies

In order to study the Chinese listed company's internal control environment level, this document use guidelnes in accordance with "the listed company's internal control guidelines" released by the Shenzhen Stock Exchange in 2006 and "the enterprise internal control supporting guidelines" released by Chinese Ministry of Finance, Securities Exchange Commission, Auditing Administration, China Banking Regulatory Commission (CBRC), China Insurance Regulatory Commission (CIRC) in 2010. The research choose 576 manufacturing companies listed in the Shenzhen Stock Exchange in 2009 as research object, by using the annual report, internal control self-assessment report disclosed by the samle companies and the internal control attestation report provided by intermediaries, to make a quantitative research on internal control environment quality of the sample company, including organizational structure, strategy development, social responsibility, human resources and corporate culture. Finally, the paper proposed improvements in accordance with the research results.