Research On Internal-control Information Disclosure Of Listed Companies Under External Pressure

In recent years, domestic and international fraud incidents occur frequently made by the unprecedented attention the internal control, the United States, Enron, WorldCom and other major fraud cases, has created a stir in the world, making the construction of internal control up to unprecedented levels, and how to obtain real and reliable internal control information has also become an external investors and other stakeholders concerns. My academic research on information disclosure of internal control is a long time, but from the 20th century 90's internal control and information disclosure mechanism to really attach importance to the Government and other relevant departments and to rapid development. Along with the constant internal control theory research and practice, internal control building and the importance of disclosure of internal control has become pronounced.This paper uses empirical research methods, to our A share listed company in 2008 based on data by eliminating data that do not meet the conditions to construct a logistic regression model that the various factors affect the information disclosure of listed companies conduct of internal control analysis. This paper reviews the development of the theory of internal control at home and abroad as well as disclosure of internal control status, on this basis, building on the United States in the outcome of internal control, internal control information needs from the perspective of those who influence the internal control disclosure of information analysis of external factors, combined with our laws and regulations on the internal control requirements of disclosure of listed companies on the impact of external factors disclosure of internal control study and noted that the internal control of listed companies in the information needs and legislative mechanisms, so there is insufficient In this paper, based on external pressure and influence the internal control disclosure of six factors: ROE, level of investor protection, debt ratio, audit opinion, share price and executive pay, through the introduction of the Audit Committee is set to improve the corporate governance index Model fitting logistic regression model building, analysis of six factors on information disclosure of listed company's internal control behaviors, the results show that the level of investor protection, executive compensation, stock prices and the audit opinion to a certain extent, to promote full disclosure of listed companies internal control information, while return on equity and debt ratio with the full disclosure of internal control is no significant influence in this paper the internal control of listed companies in China to improve the information disclosure system to enhance the operator from the incentive mechanism, improve the investor protection measures and legislation to protect the disclosure of internal control information such as a few suggestions.Based on the research process, be innovative in the following areas:First, the research on the content of innovation sought. Previous studies have focused on the impact of internal control disclosure of internal reasons, that our internal control of listed companies voluntarily disclose information exists the problem of insufficient power, but less on external factors. Even if some external factors involved, it is only in government regulation, and other indicators of audit opinions, the paper introduced in the external factors that executive compensation, stock prices and other external indicators, an empirical analysis of the impact of some of its innovation;Second, the research point of view of some innovation. This internal control disclosure of information on the impact of external factors were analyzed, mainly based on demand - supply and demand economic theory of the guiding role of the supply, external demand for information on the internal control internal control disclosure of information leads to effect of external factors, then to study it.