Empirical Study On Interactive Theory Between Accounting Information Disclosure And Corporation Governance Of Listed Company

Accounting information disclosure and the corporation governance are not only the practical problem which currently many countries generally take into account, but also the hotspot of theoretical research in recent years. Accounting information disclosure is not merely the key question in accounting supervision, but also is a research core issue on accounting theory, in particular, empirical studies. The modern market economy society is full of information asymmetry and uncertainty, an important objective of accountant supervision and manages is to ensure that business users of accounting information could get high-quality accounting information from corporation. Principal-agent theory, contract theory, property rights theory of accounting information in corporation governance theory has a profound impact on accounting information disclosure. Aimed at China's increasingly serious distortion of accounting information of listed companies, this thesis makes investigation in corporation governance impact on accounting information disclosure , including structure characteristics of the board of directors and the characteristics of the company shares.This thesis shows description on definition of accounting information, the features of accounting information, the disclosure of the accounting information and corporation governance; then on the basis of the present research, specializes a systematic and dynamic study on the interactive relations of internal company governance and the disclosure of accounting information. From the view of the theories of principal agent, contract, and property rights, it summarizes and analyzes the interactive relation between the above two. The internal corporation governance is the main body of corporation governance. By the way of empirical research, this article explores the influence of internal corporation governance to the disclosure of accounting information from the aspects of shareholders structure and board characteristics. The empirical analysis part takes the level of profits management by the calculation of the Extended Jones Model as the standard to set up the bridge of the inner company governance and the disclosure of accounting information, meanwhile makes regression analysis through descriptive statistics, diversity test of the mean value, and SPSS statistical software, and makes detailed and factual experiential study on the correlation of the two. Through normative and empirical researches, the thesis finally gets the method to solve the problem of low effective circulation of corporation governance and the disclosure of accounting information, and proposes the breakthrough point and concrete measures to promote the positive interaction of the two.