| In 2008 and 2010,The following five ministries, The Ministry of finance, China Securities Regulatory Commission, the Audit Commission, the China Banking Regulatory Commission and the China Insurance Regulatory Commission,respectively issued the "basic norms of internal control","guidelines for enterprise’s internal control ",requiring the listing Corporation will disclose their self-assessment report and audit report on internal control,this marks our internal control system is basically complete specifications, but also that the internal control of information disclosure of listed companies has entered a new phase.Conduct a research on the quality of information disclosure on internal control of listed companies, to develop a systematic, scientific and objective evaluation system has important and practical significance, not only can help promote the construction of the companies’internal control system, the information disclosure on internal control, but also can conducive the investors to make more accurate pre-decisions, and provide relevant regulatory basis for our stock market regulators.This paper is divided into five parts.the first part is a review about research achievements at home and abroad introduction,and the present status of research.The second introduces the related base theories for the quality of information disclosure on internal control and evaluation,including the basic theories related to listing company,the information disclosure on internal control and the quality disclosure on internal control and the quality evaluation.The third part is the analysis of listing companies and its quality about information disclosure on internal control of listing companies and its quality evaluation.Found that although there has been a lot of progress of the quality of information disclosure on internal control.but there exist some problems on the authenticity,integrity,timeliness of information disclosure on internal control.The forth part is,with the relevant laws and regulations on internal control standard system as the main basis,under the guidance of the following principle:combing of the comprehensive and the importance,operability,comparability and scientific,considered three requirements quality characteristics and content of information disclosure on internal control,and ultimately determine the a complete set of index system on information disclosure quality evaluation,and choose the entropy weight method to determine the index weight.Evaluation index system including the authenticity,the integrity and timeliness of 3 first level indexes,7 second indexes under the authenticity index; 13 second level indexes under integrity index, In accordance with the internal environment,risk assessment,control activities,information and communication and internal monitoring.3 second level indexes under timeliness index. The fifth part is an empirical study.combined with the comprehensive evaluation method and entropy method, evaluating the quality of information disclosure on internal control of the sample companies, internal control evaluation model, and uses Excel software to conduct empirical research on the internal control of the 50 real estate listing companies,test their information disclosure at the end of 2013, according to the results of empirical research and the problem in the third part, put forward the corresponding suggestion. |
