The Research On Ownership Structure,Classification Management And Accounting Information Quality Of State-Owned Enterprises

In recent years,there has been a lot of domestic and abroad falsification of accounts,which forces scholars all over the world to pay attention to the quality of accounting information and do some researches about the possible influence factors.The accounting information is not only important to the managers inside the company,but also quite important to the interest groups outside the company like the shareholders,investors,suppliers,and the government and so on.The accounting information of high quality is even more significant to the effective and stable operation of the capital market.Ownership structures are the base of the company's governance structure,different ownership structures mean that the organizations of the company are different,as well as the governance structure,while the governance structure has a direct impact on the quality of accounting information,it's clear that ownership structure has also an impact on the quality of accounting information.Speaking of state-owned enterprises,the reform of them is a key link of the reform of economy structure,which concerning the development of the country and the guarantee of the lives of common people.Since 1978,state-owned enterprises have seen several important reforms,meaning that they are shifting from the government-style to the economic-style management.Currently,however,after all those reforms,the problems of the quality of accounting information have arisen in the state-owned enterprises.Based on this background,it's necessary to dig out the relation between ownership structures and the quality of accounting information.Using the samples of A-share listed companies of state-owned enterprises from 2010 to 2015,this paper investigates the relationship between ownership structures,categorical management,and the quality of accounting information.The study finds that the proportion of state-owned shares has a positive effect on the quality of accounting information in state-owned enterprises of public interests and specific functions,an upside-down�U'effect in state-owned enterprises of competitive types.The proportion of top management shares has an insignificant effect on the quality of accounting information in state-owned enterprises of public interests,an upside-down �U' effect in state-owned enterprises of competitive types and specific functions.The proportion of corporate shares has a positive effect on the quality of accounting information in state-owned enterprises of public interests and specific functions,an upside-down �U' effect in state-owned enterprises of competitive types.Therefore,the improvement of ownership structures of state-owned enterprises should be based on their categories.The significances of the above research can be reflected from two aspects.Theoretically,this research has deepened the angle of view about the relationship between ownership structure and the quality of accounting information and the depth of the previous research enriched the related documents.Meanwhile,exploring the design of ownership structure from the angle of enclosing accounting information has provided a creative thinking for the improvement of company's governance structure,which enriching the related theories.Realistically,this research helps understand how to improve the governance efficiency and reduce earnings manipulation,in which way promoting the reform of the state-owned enterprises to be based on different categories.Moreover,this research can force the supervision department to enhance its supervision,improve the quality of accounting information,protect the operation of the market,and promote the continuous development and perfection of the market.Meanwhile,there is no doubt that it's helpful for the investors to make sensible decisions based on reliable accounting information and improve the efficiency and effect of investments so that the interests of investors can be protected at most.