The Dynamic Game Studies On Accounting Information Disclosure

Accounting information disclosure is the way for corporations to offer accounting information to both outer users and inner users. With the development of social economic and the changes of corporation forms, accounting information disclosure is becoming more and more important. During accounting information disclosure stakeholders gamble with each others in all kinds of ways. As a result, Game theory is considered necessary to study accounting information disclosure, which a dynamic and repeatable game is, so dynamic game has become the main tool of this article.As an economical mathematics method, game theory which was formed in 1940s and developed in 1990s, has combined with economics tightly recently. Because of the application of mathematics methods and logical methods, dynamic games which can analyze the whole process of accounting information disclosure, and can disclose the principle in it more deeply has become a useful tool.Using for references with the researches before, this article has analyzed the behaviors of the stakeholders related to accounting information disclosure and established a dynamic games model of it. In order to analyze the model, sub game perfect equilibrium in dynamic games, Bayesian equilibrium in incomplete information games and evolutionary stable strategy in limited rationality games are applied and backwards induction, forwards induction and best responsible dynamic are used in this article so that the process of accounting information disclosed is described impersonally and the result of the model is made more useful in practice. While analyzing the model, this article illustrates the importance of supervision, and offers a way that accounting information should be offered with the regulation by market forces to alleviate the accounting information distortion.