An Empirical Study On The Impact Of Corporate Control On The Quality Of Accounting Information Disclosure

The accounting information disclosed by the listed companies is the basis of the investment decisions of the investors and creditors such as investors and creditors,and the basis of the optimal allocation of resources and management of the management authorities.The quality of the listed companies directly determines the size of the role of the accounting entity in the economic society.Affect the healthy development of the market economy,the modern economic system can effectively establish.However,in recent years,listed companies financial scandals so much that the quality of its disclosure of accounting information difficult to distinguish true and false,which makes investors in the investment decisions are often at a loss.For the management and research of the quality of accounting information disclosure,the government and the sociologists have made considerable efforts,but it is difficult to eliminate the accounting information fraud cases.The factors that influence the quality of accounting information have always been the focus of sociologist's theory and empirical research,and scholars have not agreed on the angle and conclusion of their research.The quality of the accounting information disclosed by the company is in the end or the interests of the stakeholders.Therefore,this paper studies the influence of the controlling right of the major shareholders,management and creditors on the quality of accounting information disclosure from the perspective of the stakeholders TheIn this paper,the Shanghai and Shenzhen A shares before 2011 listed companies as the research object,the listed companies 2011-2015 data processing to get the final sample of this paper.This paper then studies the subject of this paper and then substitutes the variables,taking into account the possible impact of the control variables.On this basis,the regression model is established to carry out empirical research to verify the impact of stakeholder control on the quality of accounting information disclosure.In the part of empirical research,the adjustment effect of the proportion of shareholders in the relationship between the proportion of shareholders and the quality of information disclosed by the enterprise is studied by adjusting theequity nature of the major shareholders as the adjustment variables.Finally,according to the results of empirical research,from the supply and demand,respectively,to improve the quality of accounting information disclosure policy recommendations.At the same time,based on the entropy measurement model of the quality of accounting information disclosure,it is suggested that the stock exchange of Shanghai and Shenzhen should establish a scientific evaluation system of information disclosure quality,and the government should be more strict management of the company's market behavior.The conclusion of this paper is as follows: First,it is reasonable to explain the control of the company by means of investor control,management control and creditor control.Second,investor control has a positive effect on the quality of accounting information disclosure,and when the nature of equity is state-owned,this relationship is less than non-state holdings.Third,the higher the management power,the worse the quality of accounting information.Fourthly,the creditor's control has a positive effect on the quality of accounting information disclosure,which further explains that the creditor's incorporation into the research factors can better explain the control of the company and meet the management needs of the modern company.