Research Of Accounting Information Disclosure In Public Companies In Agriculture Sector

The implementation of guidelines to improve the quality of the information of listed companies, to protect the interests of investors and the public played a very active role. In this paper, base on three years of annual reports, supplementary notice, correction notice, etc, in the Shenzhen Stock Exchange and Shanghai Stock Exchange from 2007 to 2009, analysis the disclosure of accounting information in agricultural listed companies. Conclusion:(1)Disclosure of accounting information in the timeliness, accuracy, completeness and authenticity still exists several problems such as lagging, selective and false information. Agricultural listed companies accounting information disclosure quality needs to be improved in the future.(2)There are four major reasons for such quality problem, as follows: The first is localization of disclosure standards itself. The second is agricultural listed companies' own governance structure issue. The third is financial staff lack of independence. The last is the punishment of securities supervision organization is not enough.(3)Recommended guidelines for improving disclosure of accounting information, improving the corporate governance structure, establishing standardized modern enterprise system, Strengthening the independence of the relevant financial staff, Strengthen market supervision and increase the punishment. From these four parts, improve the quality of accounting information disclosure of agricultural listed companies.