Research On Information Disclosure Quality Of Charitable Foundation Of China

With the rapid development of my country’s philanthropy,the number of charitable foundations has increased significantly,and they have played an important role in promoting the distribution of social resources and making up for the lack of government public finances.However,the constant emergence of negative news about philanthropy has caused the public to question the credibility of the foundation.In addition,the quality of information disclosure between charitable foundations is also uneven.In recent years,the research on information disclosure of charitable foundations has received more and more attention.However,most of the research by domestic and foreign scholars is limited to a certain aspect of the information disclosure of charitable foundations,and most of them adopt empirical analysis methods.Few scholars conduct comprehensive investigations from the perspective of the foundation itself.Therefore,this article focuses on non-public foundations and analyzes their information disclosure quality issues through actual cases.This article introduces the research background of charitable foundations,reviews the literature on information disclosure and quality of charitable foundations by scholars at home and abroad,and discusses the influencing factors of information disclosure quality of charitable foundations in combination with related theories.Through the establishment of an evaluation system,the current status of the industry on the quality of information disclosure of charitable foundations is analyzed based on industry data.Using the case of Guangdong Hedi and Giant Charity Foundation’s information disclosure situation,we found that the two foundations are far different in the timeliness,completeness,effectiveness,and accessibility of information disclosure.The reasons for the differences are analyzed,and the main performance is In terms of internal governance and external supervision.Perfect internal governance improves information disclosure from within the foundation,and effective external supervision regulates and supervises the information disclosure of the foundation from the outside.Finally,suggestions for improving the information disclosure of my country’s charitable foundations are put forward to provide reference for the healthy development of charity.