Study On The Relationship Between The Equity Structure Of Listed Companies And The Quality Of Accounting Information

As an important instrument in investment analysis and decision-making, thequality of accounting information attract people’s attention at all times, especiallysince a series of financial fabrication exposed. However, as research on accountingfraud cases developed, the means corporation fabricate their financial statementsadvanced and the causations of this phenomena complicated. Basing on thisbackground, this paper research on how does ownership structure impact onaccounting information quality and find the way that can improve it.This paper draw the conclusions not only through theory illation but also dataanalysis. The first section of this paper expatiate on the reason that I choose thissubject, objectives and significance of this research. Section two firstly analyzed anddefined the concept of accounting information quality and ownership structureconcept. Secondly, after putting guidelines and reports that authority issued intoconsideration, this paper pointed out characteristic of accounting information qualityand the main aspects to measure it. The last part of section two reviewed relatedliterature about the relations between ownership structure and the quality ofaccounting information, and then proposed the research method. As an importantfoundation for empirical research, section three listed methods of measuring theaccounting information quality and compared the advantages and disadvantages ofthem, then selected the most representative one. And after expatiating the structure ofownership and its formula, this paper designed a model and put forward fiveassumptions on how the ownership structure affect the accounting information quality.Section four analyzed the data collected from financial report of listed company.Through descriptive statistics we understand esch index directly, and throughcorrelations statistics we can make sure that there is some relations betweenownership structure and accounting information quality. At last, multiple linearregression analysis confirmed which assumption is true. Section five is the last sectionof this paper. It summarized the whole work and proposed five recommendations onhow to improve the quality of accounting information according to the research results.The contribution of this paper is reflax current status of our capital marketthrough latest data. It also pointed out that stste owned shares is no longer the reasonbring low quality of accounting information and improve other factors is a moreeffective method. Meanwhile, it specify direction for further research.