A Hybrid Approach for Identification of Deficiencies in Enterprise Internal Control

Table 1

Principal component rotation matrix.

Indicator	PC1	PC3	PC12
Degree of equity balance	0.048	0.009	0.023
Institutional shareholding	0.002	0.611	0.04
Board size	0.03	0.048	0.137
Proportion of independent directors	0.125	0.061	0.083
Management power	0.015	0.059	0.286
Degree of internationalization	0.12	0.004	0.056
Listing years	0.037	0.07	0.061
(1) -score	0.031	0.088	0.044
(2) ROA	0.426	0.054	0.124
(3) ROE	0.065	0.255	0.212
Changes in audit fees	0.004	0.261	0.053
Whether the “top ten”	0.061	0.097	0.056