Internal Control Of Listed Company Information Disclosure Of Influencing Factors

In recent years, with the number of large domestic and foreignlisted companies the accounting fraud scandal，Our govenrment see theserious consequences of these things, respectively on June5,2006andSeptember28, released the Shanghai Stock Exchange Listed C’ompanysInternal Control Guidelines and Shenzhen Stock Exchange ListedCompany Intenral Control Guidelines. Subsequently, a series of newregulations on internal controls were introduced, it become the focus ofacademic attention. Scholars use different the methods to researchinternal control Factors Affecting Information Disclosure, the conclusionsare different.This article aims to identify the factors which impactinternal control information disclosure. Specific factors which affect thelevel of internal control disclosure of information. How to determine thelevel of internal control the level of information. Provide a reference forinvestors and the supervision and management of staff, to promote themanagement of listed companies standardize the system of internalcontrol.Article in the course of the study, use non-financial Shenzhen boardA-share listed companies the (necessary culling) of2011as the data.Based on the theory of corpoarte governance and information asymmetrytheory, Combine domestic and foreign literature, Summarized the seven factors that affect the intenral control information disclosure—Profitability,the proportion of independent directors, the management shareholdingratio, the nature of the largest shareholder, the company is specialtreatment, the chairman is also the CEO of seven the assumption of thedebt ratio, According to 《Enterprise internal control basic norms》andtheir application guidelines, Put forward the internal control informationdisclosure index rating rules. Then use SPSS19.0software? according toassumptions what conduct Variance Analysis, Descriptive statisticalanalysis，Correlation Analysis.Regression analysis and Regressioncoefficient analysis for the listed internal control information disclosuredegree ofinfluence，Know the main factors that affect the internal controlinformation disclosure of listed companies in China： Finally, theconclusions and proposed recommendations.According to the results of empirical studies show that：Profitability, Management shareholding ratio, The nature of the largestshareholder’ Company is special treatment, Chairman of the board is alsothe CEO are Significantly relevant, with the degree of informationdisclosure of li’sted companys internal control.The porportion ofindependent directors and the debt ratio are not correlation, with thedegree of information disclosure of listed ’companys internal control.Byempirical analysis and the results can be seen: internal control overfinancial information disclosure is low,2011.Strengthen its internal control information disclosure control； Companies with good corporategovernance tend to disclose internal control information， Listedcompanies in China should further optimize the shareholding structure,strengthen the shareholding system of checks and balances, and theconstruction of a rational structure of the Board of Directors as well asthe attention of non-state-owned holding company； The communityshould be strengthened to focus on profitability, the company specialtreatment and low debt ratio of listed companies.