Study Between Quality Of Accounting Information Disclosure And Corporate Governance Of Listed Company

In the modern capital markets, the source of accounting information disclosure is informationasymmetry and conflict of interest between management and shareholders, these are precisely twomajor problems that will be solved by corporate governance. The defect of corporate governance inChina has become the most fundamental reason for the quality of accounting information disclosurequality. The accounting data of disclosure is from accounting information system. On the one hand,The accounting information system is a link of corporate governance system and companymanagement system. The other hand, a perfect and useful accounting information system is alsoinseparable from effective organizational operation within the company and rational corporategovernance structure. They affect and restrict each other. Therefore, in order to standardize theaccounting information disclosure of listed company, we should shake off the accountingperspective, find the reasons from the internal mechanism and external environment, clearresponsibility of everyone in the accounting information disclosure. Only in this way，we canimprove the quality of accounting information disclosure from the source.This article explicates theoretical basis of the study and fundamental concept of accountinginformation disclosure and corporate governance at first. Then, it not also analyses the influence ofinternal corporate governance on accounting information disclosure from four aspects: equitystructure, characteristics of board of directors and board of supervisory, managerial ownership, butalso expounds the function of accounting information on fulfillment of contract、configuration ofthe residual rights and plan of incentive mechanism, which demonstrate the interaction betweenaccounting information disclosure and internal corporate governance. However, only the internalgovernance, the lack of indirect constraints and supervision from external mechanisms is notenough. The article analyses the influence of external corporate governance on accountinginformation disclosure from four angles: manager market, creditor market, control market andintermediary market, then analysis simply the role of accounting information disclosure in theexternal governance, which show the interaction between accounting information disclosure andexternal corporate governance.After that, the article discusses the overall situation and problems of accounting information disclosure of listed company in China, then find the reasons from the perspective of corporategovernance. Finally, put forward some proposals that can standardize the governance structure oflisted company and improve the quality of accounting information disclosure.