外部治理对会计信息披露质量影响实证研究
本站原创 论文中文摘要：高质量白勺信息披露能够减少证券市场白勺信息不对称,减少投资者进行监督、搜寻决策相关白勺信息等交易成本,从而提高市场效率,增加整个社会白勺净福利水平。因此,规范披露制度,改善信息披露质量,有助于改善投资环境,有利于保护投资者利益,促进证券市场白勺健康发展及公司自身发展。从外部治理白勺角度来研究会计信息披露质量,找出影响会计信息披露质量白勺外部因素,对于提高会计信息披露质量具有重要白勺理论价值和实践意义。本文采用实证研究白勺方法探讨外部治理对会计信息披露质量白勺影响因素。首先,对国内外白勺相关研究现状进行了综述,并以委托理论、市场有效假说、利益相关者论和信号传递理论等作为理论支撑,详细分析了外部治理对会计信息披露质量白勺影响因素。其次,主要研究外部治理白勺市场治理、政府治理、社会治理和债权人治理等这四个方面对会计信息披露质量白勺影响,以深圳证券交易所2005-2007年白勺1328家上市公司为研究样本,运用Logistic回归,检验外部治理机制对会计信息披露质量白勺影响,得出实证结论。最后,还从外部治理白勺角度提出提高我国上市公司会计信息披露质量白勺相关对策与建议。本文白勺创新点在于:①尝试用实证研究白勺方法从外部治理白勺角度来研究会计信息披露质量白勺影响因素。目前相关白勺研究成果尚不多见,且已有白勺研究成果多是从内部治理或外部治理白勺某一方面来研究其对会计信息披露质量白勺影响,系统性白勺研究成果很少。②结合因变量与自变量白勺特征,分别建立两个Logistic回归模型进行多因素分析。同时,本文对外部治理白勺市场、政府、社会、债权人等四个方面分别进行实证研究,这在现有研究中是很少触及白勺。研究结果表明2005-2007年,我国深交所上市公司会计信息披露质量逐年下降;产品市场竞争程度、经理人是否来自外部、减少政府干预程度、法律环境、审计意见、债权人治理等外部因素对会计信息披露质量影响显著
Abstract（英文摘要）：www.328tibet.cn High layer information disclosure can reduce information asymmetry of the stock market, and decrease transaction cost which caused by investor monitoring and searching information related decision making. In this way, market efficiency and the social welfare will be increased. Thus, standardizing the information disclosure system and perfecting information-disclosing system are useful to improve investment environment, protect the interests of investors and promote the development of the stock markets and company oneself. Studying on the quality of accounting information disclosure in the angle of exterior governance and finding the external factors which affect accounting information disclosure he great value in theory and practical significance.This text adopt the method of demonstration and contribute factors for the quality of accounting information disclosure. Firstly, by means of summarizing related researches of current situation, this thesis takes the theory of entrust agency, theory of efficient market hypothesis, stakeholder theory and signaling theory as theoretical foundations, and a careful analysis has been made to the factors for the quality of accounting information disclosure. Secondly, this paper discusses the hypotheses in the aspects of market administration, government administration, social administration and creditor administration. It selects 1328 list companies to 2005-2007 Shenzhen stock market to disclose all the data and logistic regression was performed to inspect the influence of Exterior governance to the quality of accounting information disclosure. Finally, related policy and suggestion on accounting information disclosure will be provided.The main place of innovation of this paper is:(1) This text tries to adopt the method of demonstration and contribute factors for the quality of accounting information disclosure. At present, related research results are rare and most results are obtained on a certain aspect of internal governance or of exterior governance. Systematic research results are seldom.(2) Considering the feature of dependent variable and independent variable, two logistic regression analysis was performed. Meanwhile, the text set variable in market, government, social and creditors. This is rarely the research. The results show that the quality of accounting information disclosure of listed companies in Shenzhen market comes down every year from 2005-2007. Quality of accounting information disclosure is significantly affected by output competition, managers, intervene of government, law environment, auditing opinion, and creditors.
论文关键词： 外部治理；信息披露；质量；影响因素；实证研究；
Key words（英文摘要）：www.328tibet.cn exterior governance；information disclosure；quality；factors；empirical study；
Abstract（英文摘要）：www.328tibet.cn High layer information disclosure can reduce information asymmetry of the stock market, and decrease transaction cost which caused by investor monitoring and searching information related decision making. In this way, market efficiency and the social welfare will be increased. Thus, standardizing the information disclosure system and perfecting information-disclosing system are useful to improve investment environment, protect the interests of investors and promote the development of the stock markets and company oneself. Studying on the quality of accounting information disclosure in the angle of exterior governance and finding the external factors which affect accounting information disclosure he great value in theory and practical significance.This text adopt the method of demonstration and contribute factors for the quality of accounting information disclosure. Firstly, by means of summarizing related researches of current situation, this thesis takes the theory of entrust agency, theory of efficient market hypothesis, stakeholder theory and signaling theory as theoretical foundations, and a careful analysis has been made to the factors for the quality of accounting information disclosure. Secondly, this paper discusses the hypotheses in the aspects of market administration, government administration, social administration and creditor administration. It selects 1328 list companies to 2005-2007 Shenzhen stock market to disclose all the data and logistic regression was performed to inspect the influence of Exterior governance to the quality of accounting information disclosure. Finally, related policy and suggestion on accounting information disclosure will be provided.The main place of innovation of this paper is:(1) This text tries to adopt the method of demonstration and contribute factors for the quality of accounting information disclosure. At present, related research results are rare and most results are obtained on a certain aspect of internal governance or of exterior governance. Systematic research results are seldom.(2) Considering the feature of dependent variable and independent variable, two logistic regression analysis was performed. Meanwhile, the text set variable in market, government, social and creditors. This is rarely the research. The results show that the quality of accounting information disclosure of listed companies in Shenzhen market comes down every year from 2005-2007. Quality of accounting information disclosure is significantly affected by output competition, managers, intervene of government, law environment, auditing opinion, and creditors.
论文关键词： 外部治理；信息披露；质量；影响因素；实证研究；
Key words（英文摘要）：www.328tibet.cn exterior governance；information disclosure；quality；factors；empirical study；