The Empirical Research Of The Impact Of The Supervisory Power Of Independent Directors On The Quality Of Accounting Information In Listed Companies

At present,many listed companies managers whitewash their financial statements through various means for their own interests,which seriously affect the quality of the company's quality of accounting information.As one of the internal mechanisms to improve the corporate governance structure,independent directors have the responsibility to supervise the financial status of the company and ensure the quality of the company's accounting information that the stakeholders rely on.In order to improve the quality of company accounting information and improve the company's internal supervision mechanism,this article set out from the perspective of accounting information quality,the study of the relationship between supervision of independent directors and the quality of accounting information;next,put forward the improvement of independent director system and improve the information quality advice.Based on the analysis and summary of the related literature at home and abroad,the supervision of independent directors and the quality of accounting information were analyzed,and the integrated use of principal-agent theory,signaling theory,resource dependence theory and stakeholder theory were to explain the relationship between independent director supervision and the quality of accounting information.On the basis of normative research,this paper selected 1296 samples data of Shenzhen Stock Exchange main board A shares listed company for 2014-2016 years as the research object,and expounded the supervision effect of independent directors from capacity dimension,willing dimension,effective dimension,scale dimension and environmental dimension.The independent directors majored in accounting profession,the proportion of independent directors,independent director compensation,conference attendance,independent directors to express objection,the proportion of independent directors,and ownership concentration as explanatory variables,company size,financial leverage and corporate performance were control variables;the related variables statistics and correlation were described and analyzed.Then the regression model was used to verify the influence of the independent director's supervisory power on the quality of accounting information.The study found that,in addition to the independent director's remuneration level,the remaining variables will affect the effectiveness of independent directors,thereby improving the quality of the company's accounting information.