Internal Control Disclosure Of Influencing Factors

To understand the hidden rules of the disclosure of internal control information, this research analyzes the elements which can influence information disclosure of internal control.Shanghai stock exchange's data of 2003 to 2005 and 2006 has been collected for this research and the empirical research comes to the conclusions as follows:1. Listed companies do not have strong motivations to provide internal control information voluntarily.2. Company scale, listed in foreign stock exchanges, and external auditor, have stronger influences.3. Elements of corporate governance do not have strong influence.The whole paper contains three parts:The first part includes a brief introduction which explained the motivation of this research, the framework of the paper, and the creativity aspect and the limitation of this paper. Meanwhile, it summarizes the typical systems and information disclosure of internal control in foreign countries and policies and regulations of China. An introduction of previous research work of information disclosure on internal control has been made for this research. The previous researches have been categorized and summarized.The second part is the empirical research, which analyzes the theoretical foundation of this research at first. The mean empirical research body comprises of data, module, descriptive statistics, correlation, and regression analysis. After that, the conclusion has been made.The third part gives the suggestions for improvements on internal control as follows:1. Analyzing the elements which can influence the disclosure of internal control information, in order to motivate listed companies' disclosure on internal control information.2. Improving the quality of self assessments of internal control information.3. Strengthen the power of supervise of internal control information.4. Implement a universal internal control guidance framework in China.