Empirical Research Of Factors Influencing On Information Disclosure Of Internal Control For Listed Companies From Hebei Province

The main purpose of this essay is based on the situation of internal controlinformation disclosure in Hebei Province, through the empirical research to study thefactors that affect the disclosure of internal control information in Hebei Province’slisted companies, and make suggestions to improve the quality of internal controlinformation disclosure on the base of the existing problems and the empirical results.The method of the essay is corporate the normative and empirical research,quantitative and qualitative analysis. The study samples are the Hebei Province’companies which A-share listed in Shenzhen Stock Exchange and Shanghai StockExchange, the statistical software for analysis is SPSS18.0.At first, analysis the situation of internal control information disclosure in foreignand domestic, expound correlation theory about the internal control informationdisclosure, and discuss the evolution of standards about internal control informationdisclosure.Second, analysis of the overall situation of listed companies in Hebei Province,and from these three aspects to analysis the situation of the internal controlinformation disclosure in Hebei Province’s listed companies: the general situation ofinternal control information disclosure, and evaluation of the internal controlinformation, the specific content of the information which be disclosed, to find theexisting problems in the internal control information disclosure of listed companies inHebei Province.Thirdly, put forward the factors which may impact the internal controlinformation disclosure as explanatory variables, use the content analysis to measurethe level of internal control information disclosure, then establish a empirical model,and use the SPSS18.0to analyze the multiple linear model, the empirical test give fivefactors: the size of the board, the number of the committees, the reputation ofaccounting firm, whether disclosure of social responsibility reporting and listing sites.Finally, according to the existing problems and empirical analysis results, proposed to improve internal control information disclosure recommendations below:Strengthening the Board building, increased disclosure of social responsibility report,hire an accounting firm to audit the internal control information, the longtime-to-market company should focus on internal control information disclosure, faceup to the disclosure of internal control deficiencies, unified the standard of internalcontrol information disclosure, strengthen monitoring efforts about the internal controlconstruction; require companies to disclosure internal control information according toindustry characteristics.