Study On The Influence Of The Quality Of Accounting Information On The Gem Executives Resigned For Cash Behavior

The original intention of the establishment of the gem in our country is to help small and medium enterprises with potential but no financing channels to obtain more development opportunities. But by now, the Gem not only did not achieve the intended purpose, but to become a place where Corporation executives use a lot of risk capital gathering of personal wealth. In recent years, various news media about the gem executives quitting message emerge in an endless stream. The amount of the cash and the number of the quitting executives is too huge to make the majority of investors believe that it is the normal market trading behavior; even for the establishment of these listed companies intent is questionable. Some research shows that, with the consideration of rational economic man, the executive board has the advantage of using the information to carry out the operation, which has seriously infringed upon the interests of investors. Therefore the research intention is to verify whether by improving the accounting information quality weaken the gem executive information advantage,and study on how this helped to restrain the phenomenon of occurrence, so as to maintain the market fair and protect the investors.Targeting at the phenomenon of frequent reassignments for cash of senior officials,this paper takes the quality of accounting information as the research object, and the effect of the quality of accounting information on leaving cash in senior management is discussed. The first part is exploring the profound influence and significance, aiming at the domestic and foreign research status, summarizes the research ideas and methods,and reviews the research innovation and deficiencies; The second part reviews the related theories of the quality of accounting information and the gem executives resigned cash.The third part analysis the present situation of the quality of accounting information and the resignation of the gem executives. On the basis of introducing the accounting information quality system, defining the scope of the executive and its information advantage, this paper expounds the relationship between the quality of the accounting information and the resignation of the gem executives. The fourth part is the empirical part of this article. It selects the GEM listed company executives 2013-2015 reassignment of cash sample data, then designs variables, finally uses the SPSS software to test the constructed regression model and the empirical results arerobustness tested. It is proved that the quality of accounting information has a negative impact on the resignation of senior executives, namely to improve the quality of accounting information is conducive to reduce the operation of gem executives to resign cash. The fifth part draws the conclusion, puts forward the reasonable policy suggestion,and carries on the forecast to the future research direction.