Abstract：Using the public listed company data from 2007 to 2014, this study examines the mutual relationship among internal control, technical innovation and the ability to value creation. The findings show both internal control and technical innovation have significant positive correlation to the ability to value creation, and internal control also moderates significantly the relationship between technical innovation and the ability to value creation. Furthermore, compared with business-level internal control, the moderating effect of the company-level internal control is more significant. Overall, the results provide empirical evidence which suggests that the public company optimizes internal control, especially top-level design, to promote technical innovation into company value, and the investors adjust investment expectation based on the internal control quality.
杨清香，廖甜甜. 内部控制、技术创新与价值创造能力的关系研究[J]. 管理学报, 2017, 14(8): 1190-.
YANG Qingxiang，LIAO Tiantian . Internal Control, Technical Innovation and the Ability to Value Creation. Chinese Journal of Management, 2017, 14(8): 1190-.
