Research On The Effects Of Internal Control Information Disclosure To Earnings Quality Of Listed Companies

In recent years, the occurrence of the fraud cases caused by a series of internal control,makes more and more all sectors of society domestic and overseas researching the internalcontrol and its information disclosure. The outbreak of American enron and the Sanlu milkpowder incident, Shuanghui clenbuterol event in China etc, have a close relation with theshortage of listed company internal control construction and the lack of internal controlinformation disclosure. The higher quality of the internal control disclosure of informationis on behalf of the more effective in the internal control and preventing enterprise byearnings manipulation. The higher enterprise internal control information disclosurequality whether along with the advance of earning quality is the core of this thesis.Under the background of system of internal control information disclosure in ourcountry is gradually standardize, this thesis selects Shanghai a-share listed companies from2008to2011as the research sample, from five aspects to define internal controlinformation disclosure quality, statistics and analysis of listed companies about internalcontrol information disclosure, provide strong data support to study the effect of internalcontrol information disclosure quality to earnings quality.This thesis uses the combination of normative research and empirical researchmethods. The normative research part firstly states the internal control, the quality ofsurplus, the current research about the relationship between information disclosure ofinternal control and earnings quality at home and abroad, finds the achievements anddeficiencies of current scholars study, finds out the point of research in this thesis; In thetheory analysis part, it focuses on the content of internal control disclosure of information,the surplus quality concept, characteristic and evaluation, and from the perspectives ofsignal transmission, principal-agent, the efficient market hypothesis states the relationsbetween them. The empirical research part uses the software SPSS17.0to research theinfluence of the internal control disclosure of information on the quality of the surplus. By empirical study, this thesis finds that companies disclose the self-assessment report ofinternal control, internal control audit report, disclosing the two reports at the same time,the internal control audit report for three consecutive years and handling accrued profitsnegative correlation that is positively related to the quality of surplus. But the internalcontrol audit report which is better than the hypothesis of the internal control audit reportto the quality of the surplus is not verified; In the fiscal year, the internal control auditreport for the first time to disclose which is positive related to the earnings quality, but notthrough the significance test. Finally, based on the research results of theory and empirical,this thesis proposes to strengthen the related policies and suggestions of the internal controlinformation disclosure.