Empirical Research on the Repercussions of Transportation Enterprise Internal Control on Sustainability: Based on the Comparative Study of Different State-Owned Property Rights

Abstract

The transportation industry occupies a vital social role in supporting the national economy. Therefore, it is of great importance to strengthen the prevention and control of operating risk in the related enterprises, so as to improve their sustainability capacity. In this paper, the authors use empirical data from the listed companies in the transportation industry as research samples. Taking into account the state-owned property rights, the authors comprehensively analyze the effect of internal control quality on the transportation enterprises’ sustainability capacity. The authors find out that: (1) Internal control quality can have a significantly positive influence on enterprise sustainability; (2) Compared to the local state-owned enterprises, the internal control quality in central state-owned enterprises will be more conducive to improve sustainability. The findings are of great value as references to improve the internal quality control of transportation enterprises, and to realize the synchronous development of sustainability in both local state-owned enterprises and central state-owned enterprises.