An Empirical Study Of The Influence Of Media Concerns On The Quality Of Accounting Information Disclosure

All the time,the quality of accounting information disclosure is an important issue that scholars at home and abroad are trying to study.If the quality of the accounting information disclosed by the listed companies is high,it will help to reduce the degree of asymmetry between the enterprises and the investors,guide the investors to make scientific and correct investment decisions and reduce the risk of the investment failure.Previous studies have focused on corporate governance factors,such as ownership structure,board characteristics,product market competition and external audit,and so on.But these are internal governance factors,and the quality of information disclosure is determined by many factors,including internal factors and external factors.One of the key internal factors is the property of the enterprise,such as the sense of social responsibility of the state-owned enterprises,which can reduce the motivation of manipulating information disclosure,and thus improve the quality of information disclosure.On the basis of combing the research documents related to the media attention,the ownership property and the quality of accounting information disclosure,first of all,it is based on the influence of media coverage on the quality of information disclosure,and how to analyze the influence of the listed companies with different equity properties,and put forward the hypothesis.Then,the empirical test is carried out.The hypothesis was verified by descriptive statistical analysis,Pearson correlation analysis and multiple regression analysis.And robustness test was carried out using two value selection model and Order Logit model.The results show that:(1)media reports,negative reports and non negative reports have significant positive correlation with the quality of information disclosure;(2)compared with non state-owned listed companies,state-owned listed companies accounting information disclosure quality is higher;(3)negative reports can improve the quality of accounting information disclosure of different ownership companies,and there is no significant difference between the two types of equity.Non negative reports have no significant impact on the quality of information disclosure of state-owned listed companies,but there is a significant improvement in the quality of accounting information disclosure of non-state-owned listed companies.