Internal Control, External Audit and Corporate Cash Flow Risk

• Published in: E3S Web of Conferences Vol. 292; p. 2016
• Main Authors: Liu, Wanting, Zhao, Qianyu, Fu, Gang
• Format: Journal Article Conference Proceeding
• Language: English
• Published: Les Ulis EDP Sciences 01.01.2021
• Subjects: Cash flow; Financial management; Flow; Risk; Risk management

Based on the sample of A-share listed companies in Shanghai and Shenzhen from 2014 to 2019, this paper empirically tests the impact of internal control and external audit on corporate cash flow risk and the interaction between the two in affecting cash flow risk. The results show that high-quality i...