Internal Controls,Corporate Governance And The Quality Of Accounting Information Disclosure

Whether in the academic field or in the practice of enterprises,the quality of accounting information disclosure of the heat never cut off,and in the course of study also draws some useful conclusions and provide some ways for the quality of accounting information disclosure.For example,the research results show that corporate governance is an important factor affecting the quality of accounting information disclosure,scholarsin the management practice of enterprises have begun to attach importance to the research and design of corporate governance mechanism.As China's regulators spare no effort to implement the internal control system,the relevant scholars and enterprise managers in academic research and management practice have been found the effective internal control can also improve the quality of accounting information disclosure.Good corporate governance achieved the balance of the general meeting of shareholders and the board of directors and the board of supervisors.Internal control plays an important role in achieving this balance indicate that the internal control and corporate governance not only differs from each other but also have some contacts.it is necessary to bring the two into the same logical framework to verify whether there is correlation among internal control,corporate governance and the quality of accounting information disclosure so as to be able to provide some new perspectives and ideas about improving disclosure quality from internal controls and corporate governance.Domestic and foreign literatures are reviewed and summarized from the perspective of internal control and corporate governance and the interactive effect of them affecting the quality of accounting information base on the principal-agent theory,information asymmetry theory and so on.After that,this paper introduces the connotation and evaluation scale of he internal control,corporate governance and accounting information disclosure quality.And suppose that the interaction of internal control and corporate governance may also influence the quality of accounting information disclosure.In order to verify the proposed hypothesis,this paper referring to Li Yuhong and other scholars of internal control index model onstructs the internal control index;The comprehensive score of corporate governance index was calculated though the principal component analysis and factor model.And the cross term of internal control and corporate governance was construted by further mathematical processing.The Shenzhen stock exchange information disclosure mechanism of the rating results represent the the quality of accounting information disclosure.Three empirical test models were constructed by the above criteria.The study sample from China 2012-2014 Shenzhen A shares motherboard manufacturing listed companies were analyzed by descriptive statistics method.The Person correlation test of the model involved in the argument,to confirm whether you can do regression analysis,after inspection of the three models I respectively do the ordered logistic regression.The regression results show thatnot only the internal control and corporate governance both enhance the quality of accounting information disclosure,but also the interaction effect has the same effect on the quality of accounting information disclosure.and when the interaction term is introduced into the model,the model explanation has been further strengthened.This indicated that it is necessary to attach the interaction effect of both to the logical frame.According to the empirical conclusions,enterprises need to reconstruct the internal ecological and establishe internal control monitoring in the angle of internal control,and in the view of corporate governance enterprises should be treat the stae-owned shares reasonable and actively introuduce independent directors.At the same time,enterprises also need to consider the interaction of the internal control and corporate governance.Finally,the author discusses the future research direction based on the conclusion and limitations of this research.