A Study On Accounting Transparency Of Chinese Listed Companies

People's understanding of accounting information is a continuous deepening development process. People focused on the relevance and reliability of accounting information in the 1970's and 1980's, and in the 1990's generally concerned about the issue of disclosure of accounting information. When these are difficult to summarize the high demand for the quality of accounting information, a wider and more general concept, that is, the accounting transparency is in place.In recent years, the researches on corporate governance's impact on accounting information have been limited to distortion of accounting information, accounting information disclosure and so on. But the efficiency of corporate governance structure is also influenced by those institutions and professionals outside company which provide agent services, such as certified public accountants, securities analysts, investment bankers, regulators, etc. Therefore, this article attempts to from the perspective of ecology of corporate governance, study accounting transparency.In the layout of the article, this article first discusses separately the concepts of the ecology of corporate governance and accounting transparency on the basis of reviewing the relevant literatures, and expounds the correlative theories. Secondly, analyse the current status of accounting transparency of listed companies in China, and consider that the accounting transparency of listed companies in China is not high. Then, study the influence of the ecology of corporate governance on accounting transparency from the theory, point out that all aspects of the ecology of corporate governance monitor and restrict the achievement of accounting transparency together. And then make a empirical analysis to study the relation between the corporate governance and accounting transparency. The data are from finance report of listed companies which have A shares in the Shenzhen and Shanghai Stock markets (2007). Finally, based on the perspective of the ecology of corporate governance, according to China's specific conditions put forward specific measures to improve the accounting transparency of listed companies.