Study On The Relations Between The Corporate Governance And Financial Reporting Quality

Corporate governance structure of the company is a management and control systems, the soundness of its direct impact on the listed company and the healthy development of securities market, improve the level of its listed companies restrict the quality of financial reporting. At the same time, full, objective and timely accounting information in reducing the information asymmetry, control of adverse selection and moral hazard play an important role to enable the effective functioning of corporate governance, effective allocation of social resources. In today's world economic integration process intensified, the rapid development of science and technology, China's economic system is also facing the transition of specific national conditions, in this context, the search for improved governance structure of listed companies, listed companies improve the quality of financial reporting ways and means of strong theoretical and practical significance. It is through the paper on corporate governance and financial reporting quality of the interaction between the two major capital market relations research, to improve the governance structure of listed companies in China and improve the quality of financial reporting to provide a new way of thinking, mainly from the start on the following aspects:1. In this paper, respectively, corporate governance and financial reporting quality of the theory expounded and the Construction of the quality of financial reporting standards. On corporate governance and financial reporting quality of the relationship between the theoretical analysis, the analysis shows that corporate governance and financial reporting quality complementary and interactive relationship exists :the effective corporate governance mechanism, to ensure accounting information true, complete and timely accounting information true, complete And timely corporate governance is the basic conditions for the implementation of accounting control is the basic guarantee.2. In the corporate governance mechanism in the quality of financial reporting on principle, on the basis of 2006 to be a certified public accountant issued an unqualified opinion of the non-listed companies to study samples taken empirical research methods from shareholding structure, characteristics of the establishment of the Board of Trustees logistic regression model of corporate governance mechanism of the financial report.3. From internal and external governance mechanisms on the specific governance mechanisms on the quality of financial reports on the impact of corporate governance, financial reporting that affect the quality of governance of listed companies to the conclusion.