The Impact Research Of Governance Structure On The Quality Of Commercial Bank's Accounting Information Disclosure

Corporate Governance Structure and Accounting Information Disclosure has been the focus of academic attention.some scholars conduct research on the relationship between the two,but if research conclusions are applicable to the banking industry is questionable.In recent years,along with the deepening of the market economy,commercial banks have developed rapidly,occupying a pivotal position in the capital market As financial intermediaries,commercial banks' products and capital structure are different from other industries,and funders or other stakeholders of banks are difficult to understand the use channels of bank funds.Therefore,information asymmetry of commercial banks is more serious than others,and Accounting Information Disclosure is especially important.In addition China's commercial bank develops a short history,its governance structure and accounting information disclosure have many shortcomings.The rapid development of commercial banks in recent years has attracted attention,so this article is based on the governance structure of commercial banks,studying its effect on the quality of accounting information disclosure.Firstly,this paper defined accounting information disclosure and its relavant theory after summarizing the existing related literature.And on the basis of the characteristics of commercial banks,we analysed the characteristics of commercial bank's accounting information disclosure.Secondly,after the current situation of China's commercial banks were introduced,we discussed the influence of the commercial banks governance structure to the quality of accounting information disclosure respectively from the ownership structure,the characteristics of the board of directors and supervisors,incentive and restraint mechanisms and market access mechanism.Thirdly,based on the theoretical analysis,we selected 2007--2014 years'data of 16 commercial banks in the A-share listed as samples,and conducted empirical test to the correlation between commercial banks' governance structure and the quality of accounting information disclosure.The empirical results showed that the equity structure,equity incentive and franchise value of commercial bank significantly affect the quality of accounting information disclosure,but the Board of directors and supervisors has not significant correlation with commercial bank's quality of accounting information disclosure.Therefore,the commercial banks has unique characteristic different from the general industrial,and the conventional research findings of the relationship between corporate governance and the quality of accounting information disclosure are not fully applicable to commercial banks.Finally,for the conclusion of the empirical research,we come out some policy recommendations to perfect the governance structure of commercial banks,and to advance their quality of accounting information disclosure.