Empirical Study On The Institution Environment, Corporate Governance And Accounting Information Quality

Combing the existing problems of accounting information quality and corporategovernance of listing Corporation, based on relevant theoretical analysis, this paper selectdata of the listing Corporation in Shanghai as the sample over period2009-2011. weanalysis correlation between the board size, proportion of independent directors, board ofsupervisors, the ownership concentration and the accounting information quality. Andthen joining cross terms of the institution environment (the degree of marketization index)and the corporate governance variables, to find out the affect on the relationship betweencorporate governance and quality of accounting information. The text is divided into sixparts:(1) The background and significance of the research;(2) Organizing and review theliterature both in China and abroad;(3)The relevant theoretical analysis;(4) The design ofempirical research;(5) Analysing the results of empirical research;(6) The conclusions andpolicy recommendations.The main conclusions of the study are: The board size is positively related to thequality of accounting information. More members the board of directors has, more clearlythe division of the internal committees and more independent directors and better qualityof accounting information provided by enterprises. With the continuous improvement ofthe rule of independent directors, the relation between the proportion of independentdirectors and the quality of accounting information has a positive result. Indicating that theindependent board supervise the quality of accounting information successfully. The sizeof the board of supervisors is not related to the quality of accounting information. Thisconclusion is the same as other scholars’. The board of supervisors still didn’t play thesupervisory role. About ownership concentration, the first shareholder has a positive effecton the quality of accounting information. In addition, the institution environment effect thecorrelation between corporate governance and the quality of accounting information.Finally, points out some policy suggestions to improve on the board of directors andthe board of supervisors.and put forward relevant measures for strengthening the internalcontrol and external institution environment.