On the Optimization of Internal Control System from the Perspective of Corporation Governance

摘要

With the rapid growth of economic globalization and the increasing change rate of economic environment, corporations suffer from more and more violent competitive pressures and challenges. Thus favorable corporation governance and internal control become the crucial factors for the corporations to survive and develop. There is a great correlation between corporation governance and internal control, which complements and promotes mutually. The correlation, as the core of modern corporate system, attracts people's attention increasingly and becomes the focus to study and explore. The management of a company involves shareholders, operators, creditors, staff, and consumers and so on. The management aims at optimizing the arrangement of the internal control system, also known as the structure of the utmost important internal control system, which balances the rights, responsibilities and interests of the involved parties on the premise of efficiency and equality. By this structure, the goals of the company and the measures of achieving the goals thus can be made. The reform of the system of the companies in China attaches more and more attention to the management of a company especially in the managerial practice of the listed companies. A series of the rules of management and control have been made, which shows that the reform of the companies has come to the new phase of managerial specialization.