Effective Internal Control Towards Business Sustainability of a Selected Company in Shenzhen, China

Authors

  • Chonglian Sun Graduate School, Emilio Aguinaldo College, Manila, Philippines Author

DOI:

https://doi.org/10.70088/c275db70

Keywords:

internal control, business sustainability, Shenzhen, a company

Abstract

In the vibrant and innovative landscape of Shenzhen, China, a certain company has achieved long-term sustainable business development through a series of efficient and rigorous internal control mechanisms, thereby setting a benchmark within the industry. As a pioneer of China's reform and opening-up, Shenzhen's business environment is marked by intense competition and rapid change, which imposes high demands on a company's adaptability and flexibility. The internal controls of this company not only address financial and operational risk management but also delve into the shaping of corporate culture and the fulfillment of social responsibilities. By constructing a comprehensive risk management system, optimizing internal processes, and enhancing information communication, the company has not only weathered market uncertainties but also progressively established a solid brand trust and market competitiveness. The effective implementation of internal controls has enabled the company to pursue economic benefits while achieving harmonious development in environmental, social, and governance (ESG) aspects, forming a unique sustainable business model. This model not only helps the company maintain a leading position in the rapidly changing market but also provides valuable experience and reference for other enterprises.

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Published

11-11-2024

How to Cite

Effective Internal Control Towards Business Sustainability of a Selected Company in Shenzhen, China. (2024). Science, Technology and Social Development Proceedings Series, 2, 187-193. https://doi.org/10.70088/c275db70