The Influence Of The System Of Independent Directors On The Accounting Information Quality

The independent director system implementation in our country, the original purpose is to suppress the height of the listed companies in equity concentration, for internal control and supervision mechanism with the absence of control, in order to improve the listed company's internal management mechanism of a kind of behavior, this system limits the largest shareholder, protect the interests of small shareholders and investors. After all, but this system is originated from the western developed countries, from introduced so far, although already in a variety of ways of promotion and pilot work, the localization process is still not optimistic. Many scholars to independent directors have the value and necessity of doubt, in order to solve the doubts, it is necessary to of the independent directors in the listed companies in the practical independence of study and discussion.Based on the previous research and self research as the foundation, by drawing on the research results at home and abroad, the independent director exist practical significance and the Southern textile shares independent directors role and for failing to fulfil its obligations are discussed. The history of the first independent directors traceability to the scene at the time based reduction of the independent directors set up at the beginning of the vision, and in the actual implementation of the independent director system for the constraints and the impact of some of the company's actual behavior; secondly the thesis as the basis to determine the independent directors in these aspects to the role of, especially the independent director is the responsibility of supervision and accounting information quality, and this was the theoretical analysis; subsequent removal of 2006 to 2010 the South Textile shares financial fraud occurs as a case, the conclusion of the independent directors characteristics and the quality of accounting information and based on the analysis result. Finally, according to the research situation in the paper, the implementation status of the independent director system is described, and the policy recommendations are given.. The main content of this paper is:(1) the listing Corporation's meaning and the characteristics of listing Corporation.(2) the origin and description of the independent director system of the listing Corporation and the definition and function of the restoration of the independent director system. This paper introduces the relevant theories of the independent director system of the listing Corporation: two power separation theory, principal-agent relationship theory, agency cost theory.(3) study the status and problems of the independence of the independent director system of listing Corporation.(4) a case study of the relationship between the characteristics of the independent director system of the listing Corporation and the quality of accounting information. From the two angles of theoretical analysis and case analysis, the influence of the independent director system on the quality of accounting information is analyzed..