The Empirical Analysis On The Internal Control Index Influencing The Timeliness Of Annual Report Of China’s Listed Companies

Timeliness is one of the most basic elements of the system of accountingquality information, which has been the focus of the theoretical and practical circles.Listing Corporation annual report as the best carrier of accounting information, hasalways been regarded as an important means of investors, shareholders and otherstakeholders to get information, So,timely information disclosure will be important.There are many factors affecting the timeliness of the annual report, but from theperspective of internal control analysing the influencing factors of the timeliness ofannual report has not be seen,in this paper, we can from the perspective of internalcontrol, researching internal control index how to influence the timeliness of listingcorporation annual report. In2011August, the Ministry of finance research groupcomposed of Wang hong, Jiang Zhanhua construct the internal control index whichis based on the achieving objectives of internal control,the index reflects thecapability of all of China’s listing Corporation internal control and the level of riskmanagement,its release made up our country about internal control evaluation thatwas on the blank,and provided a good data support for researching the timeliness ofannual report disclosure.The article is consisted of two parts, the first part, the part of theoreticalanalysis,elaborated the research background and significance of timeliness of annualreport disclosure,summarized the regarding literatures and put forward a hypothesisthat is internal control index positively related to the timeliness of annual reportdisclosure;The second part, the empirical analysis part, this part is mainly based ondomestic and international research and characteristics of China listed Corporation,according to annual data in2009Shanghai and Shenzhen A-share listed manufacturing companies,set variables,and through descriptive statistical analysis,and multiple regression analysis to analyze the factors of timeliness affect.Finally,through the analysis of empirical results, we can arrival at a conclusion that theinternal control index and the timeliness of annual report disclosure are related,namely the higher of internal control index, the more timely annual reportdisclosured, and from the control environment, risk management, internalsupervision perspective put forward some recommendations to improve the level ofthe internal control of enterprise.