Based On The Internal Governance Structure Of Listed Companies To Control Information Disclosure

Sound governance structure is the core of the modern enterprise system, under the separation of ownership and management rights, internal control is an important part of governance structure. The internal control out of control is the most important reason of the recent domestic and foreign financial fraud. Therefore, more and more investors required companies to disclose information about internal control, internal control disclosure is an important mechanism of asymmetric information to solve the providers and requirements. There is an relationship between Internal control information and business situation of enterprises, financial situation, etc. through the disclosure of internal control information, not only investors can understand if the design of internal control is perfect and effective, but also improving managements'awareness of internal control and improving their weaknesses. however, the most factor of influence the disclosure of internal control information, is the corporate governance structure, lots of studies have shown that sound corporate governance structure can improve the quality of information disclosure of internal control and internal control information disclosure will help Improve corporate governance structure. But in previous literature, most scholars focus only on the theoretical studies, using standardized methods contacting the corporate governance structure with the disclosure of internal control, less empirical research. On the basis of previous scholars, through the combination of empirical and normative research methods, exploring the corporate governance disclosure on the impact of internal control.Paper is divided into five chapters, first, on the basis of regressing relevant literature of the disclosure of internal control,the author pointed out that the previous studies on the internal control disclosure limitations,described the concept of corporate governance structure and internal control information theoretically and describing the internal control information's theory, which indicating the relationship between governance and internal control disclosure. On this basis, combined with the Shenzhen and Shanghai Stock Exchange in 2009 listed the disclosure of internal control, analyzing the status of disclosure of internal control.Combine with ownership structure, board structure and Supervisory structure,using multiple linear regression,content analysis,empirical study the disclosure of internal control. Draw that the proportion of state-owned shares, the proportion of the largest shareholders, board size, proportion of independent directors,proportion of supervisory,company size and internal control disclosure are positively correlated;the proportion of managerial ownership, board size, board chairman and general manager of the post concurrently with the internal control disclosure are negatively correlated. Finally, combine with the empirical results, respectively from the ownership structure, board structure, board of supervisors, provide recommendations on improving our internal control disclosure.