The Impact of Coupling Interaction of Internal Control and CSR on Corporate Performance—Based on the Perspective of Stakeholder

Abstract

This paper based on the perspective of stakeholder and makes empirical research on the impact of coupling interaction of internal control and CSR on corporate performance by using the data of Shenzhen's A-share market listed manufacturing companies from 2010 to 2014.The results of the research show that internal control contributes to corporate performance improvement but inclines to be swayed by CSR. Corporate to shareholders, the government's responsibility significantly play a positive role in internal control, and have a positive impact on corporate performance.Corporate to creditors’ responsibility has a negative effect on the internal control.Corporate to suppliers, employees, customers’ responsibility and internal control is not noticeable.