Internal Controls in Chinese Home Appliances Companies: Unlocking a New Engine of Non-Financial Performance Growth
Abstract
With the end of the COVID-19, the global economy has entered a period of rapid recovery. China , in particular, has transitioned to a new stage of economic development. The home appliance industry, a trillion dollar sector, has playing a crucial role driving China's domestic demand. Its significant scale has consistently contributed to both economic growth and improvements in quality of life. Increasingly, attention is being paid to the impact of internal control effectiveness in home appliance enterprises on non-financial performance measures , such as intelligent green innovation and ESG (Environmental, Social, and Governance) performance. Many companies aim to strengthen internal controls to enhance operational efficiency, improve economic performance, and boost financing capabilities.
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