Corporate Governance And Accounting Information Disclosure: A Theoretical Study And Empirical Analysis

Corporate governance and accounting information disclosure both are important components of the modern enterprise system. They play significant roles in the micro-economic of a company. If we consider modern company as an accurate system, then the accounting information system must be the nerve centre. Strategically and tactically, accounting information provides data support for the decision makers. Accounting information is important, however, it's also flimsy. The precondition for accounting information system to work well is to build a perfect corporate governance structure to balance the authority of the operators. So corporate governance and accounting information disclosure accompany, restraint, and promote each other to ensure the company keeps developing.This study tries to find out the general law of relationship between corporate governance and the quality of accounting information disclosure through academic and empirical research. On this basis to look for a strength and breakthrough point of comprehensive solution to this issue, and coupled with long-term management mechanism, corporate governance and accounting information disclosure will be achieved positive interaction. From the perspective of principal-agent theory, contract theory, property theory etc., we have carded theories and researched. In the empirical research part, we remodified the Modified Jones Model to compute the earnings management index. By the result and the audit reports as well, we picked 160 samples from the listed companies in China. We utilized econometric methods involving descriptive statistics, test of mean difference and Logistic regression analysis to make a detailed empirical study of the correlation of them.Through academic and empirical research, we have found the ideas for resolving the inefficient recycling between corporate governance and accounting information disclosure finally, and have put forward the starting point and specific measures for promoting positive interactions between them.