The Influencing Factors Of Internal Controls Information Disclosure In Listed Companies

Since2001, giants like Enron, Stone and Xerox in US were involved in accounting fraudscandals; Within our country, CNPC has been exposed to all events such as key figures fromlisted companies in the superior to the internal control, internal control information disclosureand a series of fictitious. Facing these problems, many countries speed up with the internalcontrol system construction in order to strengthen internal control under supervision of theinformation disclosure.In recent years, supervision and administration departments ofsecurities in our country has strengthened the listed company’s internal control informationdisclosure requirements with a series of specifications on listed company’s internal controlinformation disclosure behavior of the issued policies and regulations.With the continuousimprovement of the regulations and the growing importance of the listed companies’ internalcontrol system of the construction, our boss company’s internal control information disclosurequality is improving year after year. Domestic enterprises and institutions, especially those ofShenzhen and Shanghai have improved according to the requirements of the finance ministryof internal control system with large cost on labor forceand capital.The internal control is an important part of company management. The internal controlsystem is of great effect that it can timely and accurately disclose the promotion the furtherimprovement of corporate governance with an important role. A perfect internal controlinformation disclosure will reduce the risk of enterprise happening frauds, promote enterpriseprovide investors with high quality information, and protect the interests of the investors.Basing on the analysis of the fully to listed on Shanghai stock exchange in2010and relyingon the Shanghai stock exchange of the listed company’s internal control guidelinesformulated based assessment standards, with the company internal control self assessmentreport as a sample, this paper uses the disclosure of internal control relevant theory andcomprehensive evaluation method to control the quality of self-evaluation report wasquantified.In this essay, the internal control information disclosure quality are the variables to beexplained, the listed company’s corporate governance features financial characteristicsexternal supervision characteristics will be used to explain the variables by using multipleregression method influence investigation of the listed company’s internal control informationdisclosure factors.The conclusions are: Controlling shareholders listed fixed number of year share ratio ofthe proportion of the independent directors’ scale and internal control disclosure arenegatively related to the quality, the company profitability control of a company board committees and the board of supervisors scale and the number of internal control informationdisclosure quality positive correlation.