TITLE:
Internal Control, Double Agency Costs and Corporate Social Responsibility
AUTHORS:
Junbao Yang
KEYWORDS:
Internal Control, Corporate Social Responsibility, Double Agency Costs, Mediating Effect, Corporate Governance
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.7 No.9,
September
20,
2019
ABSTRACT: With the development of economy, corporate social responsibility has been
paid more and more attention. This paper examines the relationship between
internal control and corporate social responsibility, and examines whether double agency costs act as intermediary roles. The
research results show that effective internal control can improve the
performance of corporate social responsibility and reduce the double agency costs. The first type of
agency cost plays a part of intermediary role in the relationship between
internal control and corporate social responsibility, while the second type of
agency cost has no intermediary role.