Ownership Structure And Accounting Conservatism

The corporation is facing both competition from domestic and challenge from multinational group with the development of economic globalization. Chinese corporation must bear the severe test from increasing competition stress and challenge. In order to survive within the more and more severe challenge and figure for greater development, Chinese corporation will strengthen management and adopt conservative accounting policy. There is being many ingredients which affect accounting conservatism, ownership structure is one of above ingredients. So this thesis studies accounting conservatism from the view of ownership structure.Based on ownership structure and accounting conservatism, and using data of companies listed in Shanghai and Shenzhen Stock Exchange during the period of 2000-2005, This thesis has carried out empirical studying through mix data regression, annual data regression and panel data regression. Accounting conservatism is found to decrease along with state ownership ratio, and increase weakly along with corporate ownership ratio and circulating ownership ratio, and decrease weakly along with ownership concentration.This thesis provides empirical support for ownership can affect accounting conservatism, and supply experience validate for decreasing hold of state ownership. This thesis provides significant inspiration for deepening reconstruct our Chinese ownership system and perfecting stock and capital market. This thesis also benefits corporate governance and promotes corporation reform and economic continual development.