The Study Of Characteristics Of The Board Of Directors’ Influence On Accounting Information Disclosure Of Listed Company

Along with the financial fraud exposure of China and foreign, accounting integrity has been questioned, accounting information disclosure problems gradually become the focus of the theoretical and practical. The illegal accounting information have serious impact on the quality of accounting information, damaging the rights and interests of investors, interfere with the order of the securities market. It is said that the internal factor is the basic factor to transformation. Board of directors as the internal top decision-making group and the responsible person for disclosing accounting information affect illegal behaviors in the accounting information disclosure radically. Researching the illegal behavior in the accounting information disclosure on the point of board of directors characteristics is helped to find out the key reason for that illegal behaviors. It also shows more important references for building a reasonable and efficient governance structure of the Board.This paper takes the empirical study as the main method while takes the normative research as a helper method. It shows a deep research on relationship between board of directors characteristics and illegal behaviors in the accounting information disclosure. There are three parts in this paper. In the first part, it analyses the qualities that accounting information disclosure should be have, shows radical reasons that cause illegal behaviors in the accounting information disclosure as well as motivations and then makes a conclusion on current illegal behaviors types. In the second part, after meticulous analyzing quoted companies which have illegal behaviors in the accounting information disclosure, the author points out that some certain characteristics of the board of directors did have huge effects on illegal behaviors in the accounting information disclosure. Finally, the author builds up a Logistic Model based on theory analyzes of previous two parts. Then the author gives research results by using descriptive statistics method, Paired sample T check method and regression analysis method.Therefore, the some characteristics in board of directors have obvious effects on illegal behaviors in the accounting information disclosure such as the unity of two roles, proportion of independent directors, the proportion of unlicensed remuneration directors, the number of the sub-committee and the number of board meetings. In the end, the author gives some related suggestions.