Research The Accounting Information Disclosure Problems Of China’s Listed Companies

Corporate governance as the organizational mechanism of listed companies,it is connectedwith the development of capital market.Accounting information disclosure of listed companies inChina as a key tool of Chinese capital market, means a lot to investors and other stakeholders,while good corporate governance can improve the quality of the accounting information disclosureof listed companies, thus contributing to the healthy development of capital markets, promote thecapital markets efficiently.However, violation of accounting information disclosure of listed companies grew, growingtrend, as Enron, WorldCom in abroad,Yinguangsha, Wuliangye, Zijin mining industry in ourcountry;In2012, this sense of “end of the world”,the irregularities of accounting informationdisclosure of listed companies in China has not disappeared,the eight listed company of HongLiang International, green earth, New Oriental, Hengda as the better companies in China,use avariety of means, such as financial fraud, to reap bigger gains.According to analysis of data theirregularities of accounting information disclosure of listed companies has its roots in both defectsof internal and external corporate governance.Visibly, in this situation, research the question ofaccounting information disclosed of listed public from the perspective of corporate governance,ithas important meaning to improve the quality of our listed company’s accounting informationdisclosure, and perfect listed company’s internal control mechanism, and protect smallinvestors’interests, reduce information’asymmetric and promote the healthy development of capitalmarket.Firstly，this article defined concepts that related the Corporate governance and Accountinginformation disclosure, and expounded the Principal-agent theory, Stakeholder theory,Fraud-Iceberg theory as their theory origin, illustrated the closely related to corporate governanceand accounting information disclosure in theory,and a lot of links of Corporate governance willaffect the quality of Accounting information disclosure; then,switch Corporate governance intointernal and external two aspects, study the impaction about the quality of Accounting informationdisclosure from the ownership structure, internal control system, the incentive constraintsmechanism, capital market governance, government regulation, intermediary institutionssupervision and other aspects,proof that these existed problems,it will reduce the quality ofAccounting information disclosure; Secondly, through data analysis of the present situation ofAccounting information disclosure of listed companies in our country, noticed that although illegalAccounting information disclosure of listed companies in China, but it is still not optimistic,andanalysis the causes combined with the influence factors of Corporate governance;Again, refer to the classic case of “Green Earth” illegal disclosure, combined with the theory of previous chapters,analsis the cause of the illegal divulgence from Corporate governance defects, and draw the sameconclusion with the previous chapter;Finally, combining with the theory and case analysis, putforward some suggestions to improve governance structure and the quality of Accountinginformation disclosure.