Study On Internal Control Information Disclosure Of Listed Companies In Field Of Agricultural And Non-staple Food Processing Industry In Our Country

In recent years, a great number of discussions and debate has been intrigued by a series of cases, such as “clenbuterol” issue which was created by the Shuanghui Group and the financial fraud of Wanfu biological and scientific corporation. The reason is that these problems originated from the internal management of their corresponding corporations. Therefore, a sound information reveal system of the internal management may reflect the existing issues in a real way. It helps a corporation effectively avoid some risks with a view to enhancing confidence of investors as well as obtain longer development. Both of the corporations belong to listed companies in field of agricultural and non-staple food processing industry. This type of companies has a close relationship to human beings’ lives as the effectiveness of internal management plays a significant role in security issue of foodstuff. There’s no denying that information of internal management attracted more and more concern. Whether this type of companies has undertaken responsibilities to fully reveal internal management information, which problems have still been existing and how to construct a sound information reveal system of the internal management in this industry are an array of issues which have attracted author. Thus, this article is to make a superficial exploration in this field in order to encourage readers to take an in-depth and profound probe into it and to give us more valuable suggestions.The first two chapters are introduction and theoretical part. It tells us the information reveal situation of the internal management in terms of listed companies in field of agricultural and non-staple food processing industry and offers some targeted solutions to these problems. In the end of these two chapters, there’s an in-depth analysis of research ideas combined with the concrete case of Wanfu biological and scientific corporation. This part integrates relative bibliography home and abroad as well as collects the main points articulated by scholars home and abroad who express their opinions on the information reveal issue of internal management. This part makes preparations for the following research. Besides, this part makes a conclusion of the concepts in terms of internal management and information reveal of internal management. Furthermore, this part showcases the author’s own ideas as well as describes and compares the development history of information reveal system of internal management in terms of the U.S and China.The third 、fourth and fifth chapters is the core part which makes a brief conclusion of the information reveal situation of internal management in terms of 36 listed companies in agricultural and non-staple food processing industry in 2012 and 2013. It also collects the sphere of information reveal, the level of comprehensiveness, the reveal of five elements in internal management process, some defects of internal management and rearrangement suggestions in methods of artificially choosing data and drafting forms. Then, it makes a conclusion of existing issues.Then, the fourth chapter is the analysis of a case. People discussed a lot about the financial fraud cases of Wanfu biological and scientific corporation in 2012. The accurate information reveal situation of internal management of this certain company has attracted the interest of author. This part researches on some existing issues of information reveal of internal management in 2011 to 2013 and analyzes the corresponding reasons as well as presents the author’s own suggestions. Finally, the fifth chapter offers some targeted solutions from the perspective of listed companies themselves and the external atmosphere of them.The innovation of this article lies in:In the first place, actually it’s not long since China initiated and issued the new regulations and supporting guidelines in field of information reveal of internal management. This article collects some relatively new data and cases to make collective analysis and case analysis which are moderately effective in a long time.Then, there’re a lot of researches about information reveal of internal management home and abroad, while few among them is related to this certain industry, namely agricultural and non-staple food processing industry. This article researches on the information reveal situation of internal management in terms of listed companies in field of this certain industry and combines the case of Wanfu biological and scientific corporation to analyze which is a new research perspective.