Research On The Quality Of Attribution Information Disclosure In The Annual Report Of Listed Company

Attribution of listed company information disclosure system is the core of securitiesmarket system, is an important component of the system of securities issuance and trading, isone of the basic system of the securities market. Therefore, what method is used to measureattribution information disclosure quality, establish attribution information disclosure qualityrequirements and examples, to improve the quality of attribution information disclosure oflisted companies is of great theoretical and practical significance. Based on the incomestatement items attribution of annual report disclosure quality evaluation, on the basis ofcombination of questionnaire survey, proposed the overall requirements of attributioninformation quality and examples.This thesis from the psychology of impression management theory and the quality ofaccounting information disclosure features two aspects to extract measure attributioninformation disclosure quality dimensions: reliability, readability and sufficiency, and on thequality characteristics of each dimension measure system is established. Empirical part tochoose2012-2013annual report in400as the research sample, using the attributioninformation quality measure system to each annual report in profit attribution informationdisclosure quality assessment of project change, the study found that the listed companies inour country attribution information disclosure quality is not high, the specific performance asfollows: First, attribution information disclosure and poor reliability. Company managementin the disclosure of the reasons for such changes when there is a certain degree ofself-interest attribution tendencies.Such as operating income, etc; Second, the attributioninformation disclosure readability is low. Company management in the disclosure of thereasons for such changes when exists the phenomenon of extensive use of accountingterminology, this makes the general investors cannot is easy to understand the real cause ofthe change of the company’s performance. Such as asset impairment loss, non-businessexpenses and income tax expenses, etc; Third, poor attribution information disclosuresufficiency. Namely according to the management for explain why cannot determine thecause of parts and stability, most companies lack of using auxiliary data information state thereason for the change. Such as operating cost, management expenses and net income.Combining the annual report profit project attribution information disclosure qualityevaluation, the thesis adopts the method of questionnaire survey to understand the needs of the individual investors of attribution information and satisfaction. The results show thatinvestors believe the annual report of attribution information is more important and useful,on the listed companies disclose information on the attribution of satisfaction is low, butincome statement provided by the questionnaire of project change attribution informationparadigm is satisfied. The thesis finally combining the conclusion of empirical research andquestionnaire survey, puts forward the overall requirements of attribution informationdisclosure quality, and13items of the profit statement change attribution information designthe specific example reference for listed companies.In this thesis, the research helps improve the quality of attribution informationdisclosure of listed companies, provide investors with true and accurate information, so as topromote the healthy development of capital market.