企业以股东财富最大化为目标,财务杠杆往往是企业所有者和管理者共同选择的实现其目标的一种重要途径。由于一系列金融舞弊案件的发生,对作为重要投资者及信息获得相对不对称的债权人来讲,其对自身资产的安全性和效益性给予更多的关注,进而对企业债务融资成本产生重要影响。内部控制可以提高企业经营效率和效果,提高企业盈利能力,进而间接降低了企业债务融资成本,因此,提高内部控制质量是企业实现自身价值目标所关注的重点。 Enterprises to maximize shareholder wealth as the goal, financial leverage is often business owners and managers jointly choose an important way to achieve its goals. Due to a series of financial fraud cases, as a relatively important investor and information asymmetric creditor, it gives more attention to the safety and profitability of its own assets, which in turn has a significant impact on the cost of corporate debt financing . Internal control can improve the efficiency and effectiveness of business operations and improve the profitability of enterprises, thus indirectly reducing the cost of corporate debt financing. Therefore, improving internal control quality is the focus of the enterprise in achieving its own value goals.