Research On The Influence Of Stakeholders’ Game Behavior On The Quality Of Listed Companies’ Accounting Information

The quality of accounting information is so important to the economic market, that ithelps stakeholders to identify the quality of companies, at the same time the behavior ofstakeholders will have effect on each other, and finally on the quality of accountinginformation. So many studies have shown that some of the financial information is notcompletely true, or timely published. The paper uses game theory to analyze thestakeholders’ behavior, expecting finding the relationship between behavior and thequality of accounting information, and proves the result by empirical analysis of the listedcompany data, then provides references to how improve the quality of accountinginformation.Firstly, the paper summarizes the relevant literature both in the domestic and theforeign on the quality of accounting information, and describes the present situation of thistopic, after that illustrates the importance of why choose the game theory method.Secondly, it explains the connotation, characteristic and measurement of the qualityof accounting information, introduces relevant theories, and makes the definition ofstakeholders.Then, it constructs the model of all stakeholders, including management,shareholders, CPA, and government regulators, uses backward induction analysis methodto find the best situation.Finally, it uses the data of626listed companies in Shenzhen motherboard as samplesto do the empirical research, and gives the suggestions to improve the quality ofaccounting information.