The Research About The Relativity Between The Structure Of Board And The Quality Of Accounting Information

Recently, there are more and more accounting frauds, earning management and false presentation of accounting information in Chinese public company, these phenomena bring bad influence to the confidence of investor in Chinese stock market and Chinese stock market which is in the early developing phase, it both decrease the quality of accounting information. It also baffle the development of Chinese stock market in the health way. Lots of scholars think one of the factors which cause these phenomena mentioned above is corporate governance. The core factor of corporate governance is the structure of board of company, so this paper explore that how to increase the quality of accounting information from the angle of view of the structure of board by studying the sample of Chinese public company.Based on the review of the relating research literature about this topic, this paper analyze the relativity between the structure of board and the quality of accounting information by the ways of demonstration research. In the process of demonstration research ,this paper use the stock price as the scale standard of the quality of accounting earning to measure the quality of accounting information. Based on the price model of Ohlson_—Feltham, the return model of Easton and Harris and the analysis to the idiographic character of the problems mentioned above, this author build the regression model and choose some variables which can describe the corporate governance availably to check up the relation between the structure of board and the quality of accounting information. This research indicate that the number of board is minus correlation with the quality of accounting information, enormous number of board bring bad influence to the validity of corporate governance., the inverse proportion of independent director is unapparent plus correlation with the quality of accounting information. The correlation coefficient between the frequency of board meeting and quality of accounting information is clearly minus, the instauration of the audit committee in board is clearly plus correlation with the quality of accounting information, the duality of management structure- combine the...