Analysis Of Factors Influencing On Information Disclosure Of Internal Control For Public Listed Companies From The Northeast Of China

In recent years, with the financial frauds taken place frequently world wide, all circles of the community pay more attention to the internal control. In addition, with the development of capital market, multi-correlation of property right appears, which brings many beneficial correlates to the company. Therefore, the disclosure of internal control information became another focus besides the disclosure of financial information. The disclosure of internal control information with high quality would reflect whether its internal control system is entire, and effective, which would not only help manager strengthen internal control management consciousness, but also help obligee and inspection department find frauds in time, have a definite object in view, and ensure finance report's reality. It keeps capital market healthy, orderly and regular, and furnishes direct judgment gist of whether credible the financial report is to potential investors, which could help them evade risk and make rational investment decision. After researching relative literatures from our country, we can find that the studies of internal control information disclosure usually use criterion study method, but not demonstration method. In addition, whereas influence factors of internal control information disclosure may be different to the listed companies from different areas, this study chooses Northeast of China, where economy is less developed, market culture is in low grade, and competition is less drastic to study influence factors of internal control information disclosure. The study angle is from company basic characters, internal framework and exterior mechanism. This study mostly contains four sections:The first section is about exordium. It introduces study background, meaning, literatures reviewing, and therefore brings out its own study way, puts forward study content, frame, method, and innovation.The second section is about system background and theory gist. It refers to relative concepts, analyzes the importance of internal control information disclosure through availability suppose theory, commission deputize theory, information asymmetry theory and signal impress theory, and presents the evolution of internal control information disclosure system to show how significant the meaning of it. The third part is about demonstration study. It chooses listed companies from the Northeast of China in 2007 and 2008 as study target. It uses content analytical method to quantitate the status of internal control disclosure, uses SPSS15.0 to statistical analyze and find that finance lever, the character of the first dormantpartner, the ownership concentration, committee on public accounts, listing type and authority of audit organization have significant correlation with the disclosure of internal control.The last part is about conclusion. Basing on the analysis ahead and our market's characteristic, the author concludes that the disclosing effect is not ideal, however, it has some improvement. Furthermore, there is no uniform standard for the gist of auditing report from CPA and internal control self evaluation report. Therefore, the author makes some suggestions to improve our country's internal control information disclosure system and proposes the limitation of this paper. This paper's main contribution:1. Compared to criterion study which is usually used before, this paper uses demonstration study method. And it contains description statistic, relativity analysis, regression analysis, and T&F test.2. This paper firstly aims at listed companies from the Northeast of China to provide dates and experience.3. Compared to simply "Yes/No disclosure", this paper uses more scientific method to quantitate the level of internal control information disclosure. 4. This paper designs more entire factors as independent variables from "basic characteristics of the company", "internal governance" and "external governance".