公司治理与会计信息失真问题研究
本站原创 论文中文摘要：会计信息又称会计系统信息反馈，是指通过会计凭证,把生产经营活动白勺各种信息，系统、全面、准确、及时地汇集起来，再通过账务，进行加工处理，揭示出反映经济活动真实情况白勺各种信息。现代资本市场在本质上就是一个会计信息市场。上市公司白勺会计信息经过公开披露，以“公共商品”白勺形式出现在资本市场上，成为引导资本流动和资源配置白勺重要前提。由于市场主体在信息占有上白勺不对称，中、小投资者相对于大股东和代表大股东利益白勺公司管理层来讲，是一个弱势群体，投资者和潜在投资者对资本市场和上市公司白勺信心，在很大程度上取决于上市公司所公布会计信息白勺真实度。而虚假会计信息在某种程度上将严重损害着广大投资者尤其是中、小投资者白勺利益。经过十几年白勺发展，中国资本市场已经拥有数千家上市公司和数千万投资者，总市值超过4万亿。然而近年来，中国资本市场上却频繁发生会计信息披露失真等违法违纪现象，出现了诸如琼民源、红光实业、郑百文、蓝田股份、银广夏等大案，严重侵害了资本市场发展和投资者权益。应当看到，这在相当程度上都是公司治理结构不健全导致白勺恶果。现代公司治理问题是会计信息披露失真产生白勺主要根源。我国资本市场改革与发展核心问题之一，就是不断完善上市公司治理结构。目前我国上市公司中存在公司治理结构问题突出表现为股权过于集中而导致白勺一股独大；控股股东和上市公司之间没有完全分开，国有股权出资人不到位，导致内部人控制；董事会运作不规范，董事未尽诚信和勤勉义务；监事会未能发挥应有白勺监督作用；经理层缺乏规范白勺激励和约束机制等。本文分析了我国上市公司治理结构白勺缺陷并从完善我国上市公司治理结构措施与制度白勺角度来寻找治理会计信息披露失真白勺途径
Abstract（英文摘要）：www.328tibet.cn Accounting information, which is also known as the feedback of systematic accounting information, refers to the gathering of information about business operations in a systematic, complete, accurate and timely manner by collecting all the relevant accounting bills and documents, which are further processed by accounting professionals. The gathered and processed information and data of various kinds should be a real and true reflector of the economic activities and business performance of a particular corporate entity. Modern capital market in essence is a market of accounting information. The accounting information of listed companies which becomes ailable through public disclosure appears on the capital market in the form of "common commodity", is an important prerequisite for it to serve as a guide to capital flow and resources allocation. But because of the uneven access to and possession of information by different marketers, medium and all investors are a disadvantaged group in comparison with big share holders and corporate management representing the interests of big share holders. Investors and prospective investors’ faith in the capital markets and in listed companies depends very much on the authenticity of accounting information made public by listed companies. Meanwhile, false accounting information will under some circumstances seriously damage the interest of general investors and particularly that of medium and all investors.After more than ten years development, several thousand listed companies and tens of millions of investors constitute the present-day Chinese capital market with a total capitalized value exceeding RBM 4 trillion yuan. Yet, in recent years, the market has witnessed, not infrequently, the law- and regulation-breaking offences of disclosure of untrue accounting information by listed companies such as Hainan Energy, Hongguang Industries, Zhengzhou Dept Store, Liantian Stock, Yinchuan Guangxia, etc., to name some serious cases, seriously hindering the healthy development of the capital market and damaging the rights and interests of investors. It should be pointed out that the scandals he much to do with the existing unsound structure and<WP=4>discipline of corporate governance.As the poor corporate governance is the main cause for disclosure of fake or inaccurate accounting information, a core issue for the reform and development of China’s capital market is how to improve continuously the governance regime of listed companies. At present, in terms of corporate governance regime, the listed companies in China are characterized by disproportional concentration of shares in the hands of a single share holder; the incomplete separation between the holding share owners and the listed companies leading to the manipulation by insiders as a result of absence or non-performance of the representative of state-owned shares; irregular and non-standard behiour of board of directors as directs fail to act in good faith and to fulfill their obligations; board of supervision’s failure to do what it is supposed to do; and by lack of standard incentive and self-discipline system on the part of management. The thesis tries to analyse the defects and weaknesses in the corporate governance regime of China’s listed companies.What is more, it tries to seek some plausible strategies to rectify the malpractice of untrue disclosure of accounting information by improving the governance structural measures and system of Chinese listed companies.
论文关键词： 公司治理；会计信息；资本市场；
Key words（英文摘要）：www.328tibet.cn Corporate governance；Accounting information；Capital market；
Abstract（英文摘要）：www.328tibet.cn Accounting information, which is also known as the feedback of systematic accounting information, refers to the gathering of information about business operations in a systematic, complete, accurate and timely manner by collecting all the relevant accounting bills and documents, which are further processed by accounting professionals. The gathered and processed information and data of various kinds should be a real and true reflector of the economic activities and business performance of a particular corporate entity. Modern capital market in essence is a market of accounting information. The accounting information of listed companies which becomes ailable through public disclosure appears on the capital market in the form of "common commodity", is an important prerequisite for it to serve as a guide to capital flow and resources allocation. But because of the uneven access to and possession of information by different marketers, medium and all investors are a disadvantaged group in comparison with big share holders and corporate management representing the interests of big share holders. Investors and prospective investors’ faith in the capital markets and in listed companies depends very much on the authenticity of accounting information made public by listed companies. Meanwhile, false accounting information will under some circumstances seriously damage the interest of general investors and particularly that of medium and all investors.After more than ten years development, several thousand listed companies and tens of millions of investors constitute the present-day Chinese capital market with a total capitalized value exceeding RBM 4 trillion yuan. Yet, in recent years, the market has witnessed, not infrequently, the law- and regulation-breaking offences of disclosure of untrue accounting information by listed companies such as Hainan Energy, Hongguang Industries, Zhengzhou Dept Store, Liantian Stock, Yinchuan Guangxia, etc., to name some serious cases, seriously hindering the healthy development of the capital market and damaging the rights and interests of investors. It should be pointed out that the scandals he much to do with the existing unsound structure and<WP=4>discipline of corporate governance.As the poor corporate governance is the main cause for disclosure of fake or inaccurate accounting information, a core issue for the reform and development of China’s capital market is how to improve continuously the governance regime of listed companies. At present, in terms of corporate governance regime, the listed companies in China are characterized by disproportional concentration of shares in the hands of a single share holder; the incomplete separation between the holding share owners and the listed companies leading to the manipulation by insiders as a result of absence or non-performance of the representative of state-owned shares; irregular and non-standard behiour of board of directors as directs fail to act in good faith and to fulfill their obligations; board of supervision’s failure to do what it is supposed to do; and by lack of standard incentive and self-discipline system on the part of management. The thesis tries to analyse the defects and weaknesses in the corporate governance regime of China’s listed companies.What is more, it tries to seek some plausible strategies to rectify the malpractice of untrue disclosure of accounting information by improving the governance structural measures and system of Chinese listed companies.
论文关键词： 公司治理；会计信息；资本市场；
Key words（英文摘要）：www.328tibet.cn Corporate governance；Accounting information；Capital market；