Research On Biological Assets Information Disclosure Quality And Influencing Factors Of Agricultural Listed Companies

Our country is a developing agricultural country,agricultural listed companies is our country agriculture enterprise representatives of advanced productivity,the accounting information disclosure has become something of an information users from all walks of life.Agricultural listed companies in our country is divided into specific farming,forestry,animal husbandry and fishery,biological assets are no matter what industry occupies an important place in the total assets.However,the study of biological assets relatively late in our country,it was not until 2006,our country has issued a special biological assets,accounting standards in the?accounting standards for enterprises no.5-biological assets?issued after the disclosure of information of our biological assets conditions have greatly improved than before,but a large part of agricultural biological asset information disclosure of listed companies is not standard,reasonable affect biological asset information users to make economic decisions.Biological assets studies accounting academic scholars and the attention of all stakeholders.This article mainly to biological assets information disclosure as the breakthrough point,focus on what are the influencing factors on the quality of the biological asset information disclosure.On the basis of related theory study,42 listed agricultural companies in China from 2013 to 2015 biological asset disclosure quality evaluation,the evaluation results show that agricultural listed companies for nearly three years of biological assets information disclosure quality is not high,and the agricultural listed companies to disclose the quality gap is very large.By constructing econometric models,the quality of information disclosure is as the explained variable,the governance structure and firm characteristics as well as selection of government subsidies on the eight variables,industry and year as control variables,through descriptive statistics and multivariate regression analysis,the research results show that in the influence factors of setting the board size,financial leverage,operating ability and the industry of biological asset have a significant impact.In the last according to the result of empirical analysis,this paper combined with biological assets information disclosure condition,puts forward some countermeasures and suggestions: perfecting the information disclosure system of biological assets,strengthen market supervision,perfect the corporate governance structure,etc.