The Empirical Analysis On The Impact Factors Of Timeliness Of The Annual Report Of China’s Listed Companies

With the increasing development of china’s securities market、rational behaviorand professional of investors. The listed companies in a variety of marketinformation is increasingly subject to the attention of investors, investors, listedcompanies have become increasingly demanding. As the important marketinformation, the quality of accounting information is particularly important.Characteristics of the quality of accounting information system is one of theimportant criterion for the timeliness standards, has been an important part of thefield of accounting research. Thus the timeliness of disclosure by the annual reportof listed companies have considerable information content, it help to improve theusefulness of the accounting value of the information and decision-making. Timelydisclosure of the annual report information will help improve the informationasymmetry of the external investors and internal managers, meanwhile, it will havegreat significance for the creditors, investors, market researchers and securitiesregulatory bodies of the users of accounting information. So what factors can affectthe timeliness of disclosure by the annual report? This article is to analyze form thetwo point:The first part, theoretical analysis, for china’s securities market on the timelinessof the quality of the standard theory, and described the timeliness of the concept andbasic theory for the annual report disclosure timeliness of the research background,discusses the report disclosed the importance of timeliness.Second part of the empirical analysis section. This article is mainly based ondomestic and international research and characteristics of Chinese listed companies, according to annual data from 2007 to 2009 in Shanghai and Shenzhen A-sharelisted companies, set variables and hypothetical, and descriptive statistical analysis,and multiple regression analysis method to analyze the timeliness of factors affectingthe listed companies in China.