Research On Internal Control Information Disclosure Of Listing Corporation In Heilongjiang Province

In recent years, with the frequent occurrence of a variety of financial fraud cases, the investors’definition of investment value of the company has also gradually changed. On the one hand, investors focus on whether a company’s operating performance is good and whether it’s development prospects is broad. On the other hand whether the invested company has a reasonable, effective and comprehensive internal control system is also increasingly being fancy of investors. Investors and creditors will judge and analyze the investment value based on the information of internal control disclosed by the Company. Therefore, the quality of the disclosed internal control information is not only a responsibility to a true reflection of the company’s own operating conditions, but also a signal which passing out to the outside whether the company has been established of a sound and trusted internal control system. The object of this paper is the internal control information disclosure of listed companies of Heilongjiang Province to study its factors by the empirical analysis. Through the analysis of the behavior, the contents and habits of the disclosure of these companies, it aimed not only to make information providers to take more attentions on the internal control information disclosure and information users to take better understanding of the disclosure language, but provide the government departments and the regulatory authorities sound advices and opinions on the internal control information disclosure of listed companies in Heilongjiang Province as well.This paper selects the control evaluation reports and the internal control information disclosure quality in the annual financial reports of the internal A-share listed companies in Shanghai and Shenzhen Stock Exchange during2011to2013from Heilongjiang Province. The paper applies EXCEL, SPSS19.0software to make descriptive statistical analysis, statistical analysis, correlation analysis and linear regression analysis of the factors affecting disclosure information of internal control listed companies in Heilongjiang Province. According to the existing problems and the results of the empirical analysis, this paper try to provide the listed companies in Heilongjiang Province suggestions to perfect their internal control information disclosure from the company’s own,governance structure and external governance mechanism, such as establish the internal control concept, improve the corporate governance structure, establish the legal mechanism, strengthen the internal control audit, strengthen the environment of outside supervision and encourage the voluntary disclosure.