Research on the Improvement of Enterprise Internal Control Mechanism based on Confucian Culture

Taking S Company as an Example

Abstract

This paper takes S Group as a case study to study the operation of its internal control mechanism under the influence of Confucian culture. Through the analysis of the five major elements set by COSO internal control, namely internal environment, risk assessment, control activities, information and communication, and internal supervision, it is found that the overall quality of S Group's internal control is good, indicating that under the blessing of Confucian culture, it has played an important role in promoting the operation of the internal control mechanism. However, there are also certain defects. Some Confucian cultural concepts have certain limitations in corporate management. This paper analyzes the existing internal control mechanism of S Group in detail and puts forward relevant improvement suggestions. It is more conducive to the development of the enterprise to take the essence of Confucian culture and remove its dross, and organically combine it with modern forms, so as to provide a cultural reference for other companies in the industry to consolidate their internal control mechanisms.