Research On Factors Influencing The Quality Of Accounting Information Disclosure Of Listed Companies

Accounting information is a guide what companies to make financial decisions depends on, Also an important indicator of the companies' situation the outside world to understand the status of the business, financial condition, cash flow management and fiduciary responsibility to fulfill,Therefore, the accounting information must to be true and reliable.The quality of accounting information disclosure can directly impact on both the company's accounting information users stakeholder investment, management, decision-making operations.For listed companies, the quality of accounting information,helps to establish a good corporate external image and business reputation,reduce the financing cost of financing,optimize the efficient allocation of social resources,so as to promote the healthy and orderly development of the securities market,safeguard the interests of investors.However, due to Chinese listed company accounting information disclosure system is imperfect, third-party supervision of accounting irregularities,in particular, listed company's internal governance structure is irrational, the quality of accounting information disclosure is low.A survey data show,Accounting Information in China for more than 80% of companies with varying degrees of distortion.To improve the information disclosure of listed company's accounting quality, the comanies need to pay attention to the combined effect of the internal mechanism and external environment,in particular, from the corporate governance structure to find the root cause.Only in this way,can companies ensure the quality of accounting information disclosure is true, reliable, complete, and timely.In this paper, I use the method to read the literature and empirical analysis to get conclusion.Firstly, i have summarized the relationship between the domestic and international corporate governance and accounting information disclosure quality,which the theoretical basis for the continued writing; Secondly, i make an overview of the concepts of corporate governance and the quality of accounting information of listed companies to disclose for external reporting,what's more,focuses on the basic structure of corporate governance and affect to quality of accounting information of listed companies to disclose;Thirdly, select the two years in 2014,2015, some companies listed on the Shanghai Stock Exchange main board as the goal,Select the data portion of representative listed companies to make an empirical research,to verify the assumptions have made,get draw conclusions.This paper focuses on the corporate governance structure of the property owners, management, regulators characterized as explanatory variables,specifically, the case of concentration of ownership, the number of meetings that the shareholders'temporary move to open, the number of the board of directors, board of directors and general manager is one or two jobs, general manager of the remuneration, the Board and the Supervisory Board as the number of variables to build regression model; the quality of information disclosure as the number of variable. Specifically, it is selected the Shanghai Stock Exchange listed companies to disclose the results of evaluation of the quality of accounting information disclosure.We hope to do generalized research,obtained the theoretical under the new normal economy, to guide the development of listed companies better and long-term healthy,as well as safeguard the interests of corporate investors and all stakeholders.