关键词: 媒体关注,内部控制缺陷,缺陷修正

Abstract: Taking the companies with internal control weakness (ICW) in Shanghai and Shenzhen Stock Exchanges from 2012 to 2015 as samples, this paper empirically examines the impact of media attention on the remediation of ICW. The findings show that media attention can significantly improve the possibility and the degree of the remediation of corporate ICW. Further research findings indicate that market pressure plays a part of mediating role in the relationship between media attention and the remediation of ICW, while information transparency does not. In addition, compared with companies with only non-great internal control weakness, the effect of media attention on the remediation of ICW is more significant in companies with greater internal control weakness. However, the nature of ownership and the regional media development have no significant impact on the relationship between media attention and remediation of ICW.

Key words: media attention; internal control weakness; remedies for weakness