Study On The Main Board Of Listing Company Information Disclosure Of Internal Control Deficiencies On The Shenzhen A Shares' Market

Internal control is a very important method of management to the modern enterprise,which directly related to enterprise's survival.The defects of internal control information not only reflects the construction of the internal control system,but also have a significant impact on the decision of investor,creditor and market supervision.Domestic and foreign financial fraud occurs frequently in the recent years,it caused severe damage to capital market.In view of the disclosure of internal control information deficiencies in current China listing Corporation,there are still many problems,especially for the authenticity and integrity of the information disclosure of internal control deficiencies that need to be improved.However,at present,the disclosure of internal control defects in our listing Corporation is only to meet the requirements of the relevant regulatory requirements without taking the initiative to disclosure the problems and shortcomings existed in its own internal control,especially the defects of information disclosure of the authenticity and completeness of internal control needs to be improved.Therefore,it is urgent and necessary to do in-depth research and analysis on the defects of the internal control information disclosure of listing corporation in China.In view of this,this article show the methods of descriptive statistics on China's Shenzhen A shares on the main board of listing Corporation that analysis status of internal defect information disclosure from2012 to 2014 and summed up its weakness.From the characteristics of corporate governance,operation complexity and internal resources into three aspects of the theoretical analysis of the influencing factors of internal control deficiencies the information disclosure,and then from 2012 to 2014 in Shenzhen A shares on the main board of listing Corporation as the research object,and from the three aspects of corporate governance characteristics,operation complexity and internal resources to conduct empirical research on the influence of defects of information disclosure of internal control factors.The study shows that:the number of directors,company size,company profitability and the disclosure of internal control information deficiencies are correlated,ownership concentration,the chairman and general manager,the number of subsidiaries,the number of years overseas business and the defects of information disclosure are related,and through the test of significance.Although the reorganization did not pass the significance test,but consistent with the expected sign.In that case,it indicated the reorganization of the company are more likely to have internal control deficiencies.The proportion of independent directors is positively related with the information disclosure of internal control deficiencies,the assumptions and expectations are the opposite.Because independent directors did not play the role in the corporate governance structure,form are overrated over substance problems.Finally,this paper suggested that the cognizance method of internal control deficiencies,strengthen the importance of internal control,perfecting the corporate governance structure,strengthen internal resources and prevent blind expansion of four aspects to improve the defects of information disclosure of internal control in China.