Correctional Study On The Audit Committee Characteristics Of Chinese Listed Companies And Earnings Quality

In China’s listed companies, the audit committee system is an important institutional arrangement that improve corporate governance level,it has become a important means that strengthen the independence of external auditor and improve the quality of accounting informations. Now, on the Shanghai stock exchange and shenzhen stock exchange,almost of listed company have set up a basic audit committee.But, whether the audit committee of listed companies in our country takes up the supervisory role, whether they play a roll as independent financial strength in the corporate governance? Based on this, this paper will inspect the affect among the characteristics of audit committee and surplus quality, this will have certain significance to perfect the system of audit committee.Firstly,this paper has made the detailed elaboration about the origin and development of audit committee system, these will deepen the understanding about audit committee system.Then,this paper summarize the rules of the audit committee. At last through the empirical study verify the relevance between the characteristics of audit committee and the earnings quality. Taking all A share companies as the research object which completely disclosed information in Shanghai stock exchange in2011,based on the established model, regression analysis, this paper carries on some empirical conclusions, puts forward some policy Suggestions to improve our audit committee system.