Internal Control?Ownership Concentration And Accounting Information Quality

In today's society,accounting information as a standardized international business language,is the information users to make investment or financing and other economic decisions to assess the past business situation or to predict future business per formance,improve business management or effective control of the enterprise basis.With the deepening of C hina's economic system reform,the action and function of accounting information becomes more and more important.However,for a long time,the problem of state-owned enterprise accounting information quality has always been an important issue that restricts the healthy and stable development of our economy.Internal control problem is accompanied by the transformation of state-owned enterprises have a new problem.In the state-owned enterprises,because of the double agency problem and the diversification and decentralization of the ownership structure formed by the reform of the property right system,the problem of internal control becomes an increas ingly serious problem in the governance of state-owned enterprises in China,which leads to many problems,including accounting information distortion.Therefore,it is of great significance to study the relationship between internal control and state-owned enterprise accounting information quality after the change of ownership structure,and to optimize the ownership structure of state-owned enterprises,control the internal control problem,and guarantee the quality of accounting information.In this paper,from the perspective of internal control,this paper adopts the data of China's state-owned listed companies 2014-2016 as the research sample,through the regression model of the internal control and earnings quality,the regression model of the adjustment of the equity concentration to the two the effect of internal control on the quality of accounting information in state-owned enterprises and the regulation of the concentration of stock ownership.The research found that the higher degree of control of the internals in the state-owned enterprises,the higher the reliability of the information obtained by the external information,the lower the reliability degree;the proportion of the largest shareholder holdings strengthened the positive correlation between internal control and earnings management,Reduce the quality of accounting information.Based on this,the paper puts forward the following policy suggestions: optimizing the ownership structure and realizing the diversification of the shares of t he company,thus reducing the proportion of state-owned shares;improving the internal and external governance structure of the company and helping to improve the quality of accounting information of state-owned enterprises.The research and exposition of this paper have some implications for the effective management of internals and the improvement of the quality of accounting information of state-owned enterprises.