The Research of Corporate Governance Affect the Accounting Information Quality
|School||Xi'an University of Architecture and Technology|
|Keywords||Corporate governance structure The quality of accounting information Empirical Analysis|
In recent years, with the continuous development of the capital market , the quality of listed companies in China is steadily improving , has become a new force to promote economic development . As of the end of July 2009 , China's listed companies reached 1628 , with a total market capitalization of 23.57 trillion yuan , ranked third worldwide . In this context , the listed companies due to the huge contribution to the national economy and far-reaching impact on the economic life by the people's attention . Accounting information as a bridge to contact the contracting parties and the capital markets , the level of its quality has a direct impact on the capital market to optimize the efficiency of resource allocation , and thus the same attentions . A lot of factors that affect the quality of accounting information , corporate governance structure is one of the very important factors . The close contact between the corporate governance structure and the quality of accounting information , effective corporate governance mechanisms contribute to the improvement of the quality of accounting information . At present , China's capital market is still in the development stage , the governance structure of listed companies is not perfect, the quality of accounting information is not high, and the view of this situation , we have chosen this topic . Starting from the analysis of the problems of the governance structure of listed companies in China , the theoretical and empirical analysis of the impact of the corporate governance structure of the quality of accounting information , comprehensive consideration of the listed companies in the market environment in which to explore the high quality of accounting information , and pointed out that the defects of the corporate governance structure , in order to make some suggestions to further improve the corporate governance structure of listed companies in China , to improve the quality of accounting information , promote the development of the securities market .