Empirical Research On Internal Control Factors Affecting Information Disclosure Quality

Academia emphasis on research information disclosure of internal control of listed companies, animal husbandry and fishery Chinese listed companies as an integral part of a listed company, due mostly involving people's livelihood, with the majority of population is closely related to the interests of farmers of basic industries, which internal control of information disclosure level of quality, have an important impact on the decision-making scientific information users, the effect of seriously affect the information users confidence in capital markets. Therefore more important for animal husbandry and fishery information disclosure of listed companies. However, our in-house research information disclosure of listed companies control at an early stage, the researchers focused on the main body of large enterprises, animal husbandry and fishery research on listed companies is still relatively small. Therefore, based on our internal control practices under a basic system environment,the research on the issue of disclosure of information has far-reaching implications for the voluntary disclosure of internal control information phase of animal husbandry and fishery listed company's internal control.This paper defines "quality of information disclosure of internal control" of the relevant concepts in the analysis of internal control disclosure of information about the basic theory,combined with animal husbandry and fishery industry characteristics listed companies,decided to use content analysis of its internal control disclosure of information quality quantitative description, disclosure of information disclosure quality measurement system to measure the quality of animal husbandry and fishery in Shanghai and Shenzhen listed company's internal control by internal reference Dr. Yang Yufeng designed control information and the internal control information disclosure of listed companies in the industry level analysis and evaluation on the whole, concluded that internal domestic animal husbandry and fishery control information disclosure of listed companies has made significant progress.Next to the 2014 Shanghai and Shenzhen listed companies in agriculture, forestry, animal husbandry and fishery total of 33 samples for the study, from the corporate governance structure, the company's financial position and corporate image of the three selected seven independent variables that affect our animal husbandry and fishery Listed disclosure factor quality level empirical analysis of internal control. The empirical results show that corporate governance: the nature of the controlling shareholder, the proportion of independent directors, whether part-time chairman and general manager of ICIDQI no significant effect;the company's financial situation: the company's profitability and ICIDQI significant negative correlation, the company's debt capacity and operating capacity ICIDQI no significant impact on; corporate image: corporate image and ICIDQI significant positive correlation.Finally, by combining the recommendations expressed herein theory and empirical research as well as regulatory agencies and companies presented, it can be analyzed from two aspects.On the one hand, animal husbandry and fishery listed companies to conduct their internal governance structure optimization to improve overall risk awareness of companies to disclose the introduction of risk management, internal control and other related professionals,so as to effectively promote the listed company information disclosure content and format specification information disclosure and internal control of the gold content. On the other hand, the regulatory authorities should improve the information disclosure of internal control and a series of rules, focusing on the content and format specification self-evaluation report,to strengthen the internal control of listed companies liable for the validity of the main responsibility.