财务与金融
財務與金融
재무여금융
ACCOUNTING AND FINANCE
2014年
6期
69-73
,共5页
内部控制%企业价值%食品饮料行业%主成分分析
內部控製%企業價值%食品飲料行業%主成分分析
내부공제%기업개치%식품음료행업%주성분분석
Internal Control%Enterprise Value%Food and Beverage Industry%Principal Component Analysis
以沪深A股食品饮料行业97家上市公司2013年数据为样本，通过主成分分析法得出影响食品饮料行业内部控制的主成分因子，并将其与企业价值衡量指标每股收益进行相关性分析和多元回归分析。研究得出企业价值与内部控制，与公司规模，与股权集中度呈正相关，与资本结构呈负相关。提出建立完善的食品饮料行业内部控制评价体系；通过兼并或战略联盟扩大企业规模，提高股权集中度；将资产负债率控制在适当水平三点建议，来加强食品饮料行业的内部控制，提高企业价值。
以滬深A股食品飲料行業97傢上市公司2013年數據為樣本，通過主成分分析法得齣影響食品飲料行業內部控製的主成分因子，併將其與企業價值衡量指標每股收益進行相關性分析和多元迴歸分析。研究得齣企業價值與內部控製，與公司規模，與股權集中度呈正相關，與資本結構呈負相關。提齣建立完善的食品飲料行業內部控製評價體繫；通過兼併或戰略聯盟擴大企業規模，提高股權集中度；將資產負債率控製在適噹水平三點建議，來加彊食品飲料行業的內部控製，提高企業價值。
이호심A고식품음료행업97가상시공사2013년수거위양본，통과주성분분석법득출영향식품음료행업내부공제적주성분인자，병장기여기업개치형량지표매고수익진행상관성분석화다원회귀분석。연구득출기업개치여내부공제，여공사규모，여고권집중도정정상관，여자본결구정부상관。제출건립완선적식품음료행업내부공제평개체계；통과겸병혹전략련맹확대기업규모，제고고권집중도；장자산부채솔공제재괄당수평삼점건의，래가강식품음료행업적내부공제，제고기업개치。
This paper took data from 97 listed companies in food and beverage industry in A-shares as samples and concluded the principal component analysis (PCA) principal component factors that affecting the internal control of the food and beverage industry, combining which with the enterprise value measure earnings per share for the correlation analysis and multiple regression analysis. Then the study reached to the conclusion that the enterprise value correlates internal control, the company size, and ownership concentration positively and negatively with the capital structure. The author puts forward to three suggestions to strengthen the internal control of food and beverage industry, improve the enterprise value: establish the perfect internal control evaluation system for food and beverage industry; expand enterprise scale through merger or strategic alliance for improving the equity concentration; control the asset-liability ratio appropriate level.
