Based on the “element view”, “objective view” and “deficiency view”, we construct the evaluating index system of internal control quality with “integrated view”. With Chinas A share listed companies as the research sample, the paper makes an empirical study on the relationship between internal control quality and executive compensation and the differences existing in companies with different property rights system due to this relationship.This study shows that there is a significant positive correlation between the internal control quality and executive compensation. And in state owned enterprises, this positive correlation is more significant, while in the non state owned enterprises, this positive correlation is not so significant.