Research On The Relations Among The Fraud Statements, Ownership Structure And The Quality Of Internal Control Information Disclosure

In recent years，there have been series of fraudulent statements in the domestic andforeign capital market. This is not only damage the interests of investors, but also disruptthe normal operation of the capital market. More and more countries are beginning to payattention to establish internal control of the listed company. More people are also concernedabout the disclosure of internal control information in the academic circle.China’s internal control system carried out not long, internal control information has beenshifted from voluntary disclosure information to mandatory disclosure. Therefore, theacademic studies of internal control information is not good, there are few the research oninfluencing factors of internal control information disclosure. This article is from a new stageto study internal control information, hoping to improve the internal control informationdisclosure mechanism to curb accounting fraud effectively.Above all, the thesis reviews the foundation of related theories and the research literaturewithin and outside China. After analyze the behavior of fraud from different categories, I putforward several hypothesizes. In part of empirical studies, I practice T mean test and Logisticregression test between the158fraud samples and158no-fraud samples of Chinese listedcompanies with the quality of internal control information and ownership structure bycontrol of factor about size, ROA and Z score. The conclusions are as follows. Listedcompanies which disclose high quality of internal control information are less likely to fraud.The shareholding ratio of the largest shareholder are negatively correlated with fraud.Which is the ratio of the second to tenth largest shareholder to the largest shareholder arepositively correlated with fraud. Finally, I summarized the main conclusion which this articlestudies, and puts forward suggestions for preventing fraud from improving the quality ofinternal control information and completing ownership structure in China.