Font Size: a A A

Governance And Financial Information Of Listed Companies To Disclose The Quality Of The Relationship Between Research,

Posted on:2012-12-05Degree:MasterType:Thesis
Country:ChinaCandidate:C P LiangFull Text:PDF
GTID:2199330335976817Subject:Business management
Abstract/Summary:PDF Full Text Request
At present, the quality of finance information of listed companies in our country is not high. There may be many reasons of the usual existence of faking and cheating in making disclosure of finance information. But the most important reason is the listed companies' male letter strength is not high. So this text studies on the relationship between corporate governance and finance information disclosure of listed companies. Meanwhile finding the deficiency of corporate governance and then making up it has very realistic meaning in promoting the level of corporate governance.This paper draws lessons from other scholars' research method, On the foundation of the analysis as to domestic an international scholar' research, differentiates and divinities related concepts on corporate governance and the quality of disclosure of finance information etc. divides inside and outside parts of corporate governance into two levels to analyze the corporate governance's influence for the disclosure of finance information. To address the relationship between inside governance and disclosure of finance information, including the independence of board of director and supervisor, the condition of the manager's position in the board of director, the concentration degree of share owner ship and the proportion of state-owned stock, and the relationship between audit institution of outside governance and the quality of finance information's disclosure. Then, we use parts of listed companies in 17 trades of Sina as sample. In the positive analysis, using the data from website of Sina finance and the information website of Chinese listed companies, establish the model,carries on analysis by the method of description statistics, regression etc. The conclusion verifies that corporate governance has direct influences to quality of finance information disclosure, the influence produced by concentration degree of share ownership and the degree of state-owned stock shares a main position.In the end, this paper gives related suggestions to improve the quality of the finance information disclosure,that perfecting governance is one of the main paths which improve the quality of information disclosure. The listed companies need further way to put forward some countermeasure that to decrease concentration degree of share ownership and the right portion of state-owned stock, to improve the independence of board of director and supervisor etc. Then the benign interaction between corporate governance and the disclosure of finance information will be realized.
Keywords/Search Tags:corporate governance, finance information, the quality of disclosure, positive analysis
PDF Full Text Request
Related items