An Analysis On Relation Between Corporate Governance And Quality Of Accounting Information

There is a very important relationship between corporate governance and the quality of accounting information. Effective corporate governance could be good at improvement of the quality of accounting information .Based on empirical analysis, this paper researches the effective corporate governance of China, which can improve the quality of accounting information. From the empirical results, we discovery:①Results about the ownership structure show that the ownership held by the state and the top shareholder inverse correlated to the quality of accounting information; The rate of corporate shares and the circulation shares positive correlated to the quality of accounting information; the ownership held by the board of directors, the board of supervisors, and the high administrant don't have the remarkable relevance with the quality of accounting information; under the complete model of the ownership structure, the relation between the proportion of the state-owned stock, the corporate stock, the floating stock and the quality of accounting information has not obtained the confirmation.②Results about the board of directors characteristic factor show that the number of directors conferences positive correlated to the quality of accounting information at low degree, but the scale of the board of directors and the independent don't show the remarkable relation with the quality of accounting information.③Results about the board of supervisors characteristic factor show that the number of supervisors conferences inverse correlated with the quality of accounting information, the scale of the board of supervisors doesn't have the remarkable relation whit the quality of accounting information.④Results about the control variable show that the release lever level inverse correlated to the quality of accounting information, enterprise's scale ,the ROE and enterprise's growth positive correlated to the quality of accounting information.Finally, In the light of this result, the author makes some suggestions on diversification of Chinese enterprises.