管理控制与财务绩效关系实证研究——非财务绩效双向作用

以新疆中小企业为研究样本,通过建立结构方程模型和分层回归模型,以突出管理控制重要性为目的,探讨管理控制与企业绩效之间的关系,主要研究以下几个问题:第一,行为控制、结果控制与人员控制是否有助于提升企业财务与非财务绩效？第二,非财务绩效是否加大行为控制、结果控制与人员控制对企业财务绩效的影响？第三,是否行为控制、结果控制与人员控制通过非财务绩效才对企业财务绩效产生影响?研究结果表明,结果控制与人员控制有助于提升企业业绩,通过非财务绩效对企业财务绩效产生正向影响,而过多的行为控制将不利于提升企业业绩,但是,在一个行为控制使用程度高的企业中,企业可以通过提高非财务绩效,来减少行为控制对企业财务绩效的负向影响.结果表明,非财务绩效在管理控制与企业财务业绩之间发挥了双向作用,突出了非财务绩效的必要性.

Empirical Study on the Relationship between Management Control and Financial Performance: The Two Way Effects of Non-Financial Performance

This study examines the relationship Between Management Controls and Financial Performance. Using the structural equitation model and hierarchal regression model, examines the two-way effect of non-financial performance on the relationship between Management Control and Financial Performance. The paper studies the following questions firstly, whether or not the action control, result control and personnel control would help to improve firm performance? Secondly, dose the non-financial performance would increase the affections of management control on financial performance? Thirdly, whether the management controls would have affects on the financial performance by non-financial performance? The result shows that the result control and personnel control would improve the firm performance. The action control has a negative effect on the firm performance. Further, the non-financial performance has a two way effects between the relationship Management Controls and Financial Performance.