Research On Relationship Between Quality Of Accounting Information Of Listed Companies And Securities Analyst Earnings Forecasts

Accounting information disclosure of listed companies for securities analysts forecast earnings of securities companies were providing a key source of information. Due to the quality of accounting information disclosure of listed companies are still having problems, securities analysts in the use of accounting information of listed companies to predict when the results of analysis and forecast accuracy is not high, partly due to their own limitations securities analysts and other securities analysis will lead to division is not accurate enough to predict, partly because of the quality of accounting information disclosure of listed companies is not high will affect the securities analyst earnings forecasts. Therefore, by studying the relationship between the two on the quality of accounting information of listed companies and securities analysts earnings forecasts, to improve the quality of accounting information of listed companies to improve the accuracy of the Securities analyst earnings forecasts have important theoretical and practical significance.Dissertation on the quality of accounting information of listed companies at home and abroad with the Securities analyst earnings forecasts related research were reviewed and summarized, on this basis, introduces the meaning and characteristics of the quality of accounting information, securities analysts earnings forecasts, through the Public Company Accounting Information Situation quality and securities analysts earnings forecasts and the reasons for the differences between the two are analyzed to produce paper select2010-2013Shanghai and Shenzhen A-share listed companies as samples of data, profit forecast by the quality of accounting information and empirical research results securities analysts, found that the quality of accounting information of listed companies and securities analysts earnings forecasts a positive correlation between the accuracy of the paper there is a difference of accounting information for the quality of listed companies and securities analyst earnings forecasts reality, clear legal responsibility accounting information disclosure system, plus large penalties for relevant employees, to ensure the independence of the Board and the Supervisory Board of the listed company, strengthening the implementation capacity of the accounting staff to improve the ability Securities analyst earnings forecasts, strengthen the supervision of securities analysts and vigorously support the development of the securities industry.