Board of Directors and the Remediation of Internal Control Weaknesses

China’s board of directors includes the audit committee and other committees. Existing researches focus on the governance role of the audit committee on internal control but ignore the research on other committees and internal control. This paper takes the listed companies with material internal control weakness in the Shanghai Stock Exchange and Shenzhen Stock Exchange from 2013–2016 as samples. This paper divides the board of directors into two levels: the audit committee and other committees. We find that in the internal governance of the company, the audit committee is conducive to promoting the remediation of internal control weaknesses, and other committees suppress the remediation of internal control weaknesses. This paper belongs to the same series with the author’s graduation thesis, but the research level is different.