Study on the improvement of capital utilization efficiency of China's listed power companies based on the effectiveness of internal control

摘要

Along with the reformation of electric power system, power companies are losing their monopoly advantage and facing great challenges. The sample of this paper is the data of 58 listed electric power companies from 2014 to 2016. And the paper studies the correlation between the effectiveness of internal control and the efficiency of capital utilization. According to the research, there is a significant positive correlation between the efficiency of capital utilization and the effectiveness of internal control in listed electric power companies. The listed electric power companies should improve the effectiveness of internal control and then improve the efficiency of capital utilization.