Research On The Internal Control Information Disclosure And Company Performance For The Real Estate Listing Corporation

In recent years, China’s listing Corporation have financial scandals, the incident has fully exposed the weakness of internal control. Therefore, in order to regulate the listing Corporation information disclosure of internal control, the relevant departments issued a series of laws and regulations. In 2006, the Shanghai stock exchange and the Shenzhen stock exchange has issued "guidelines of internal control" listing Corporation, 2008 issued the "basic norms of internal control", together with the 2010 promulgated the "enterprise internal control supporting guidelines", work together to build the internal control standard system of Chinese listing Corporation. Information disclosure is experiencing the transition from imperfect to perfect the internal control of the listing Corporation, but the listing Corporation internal control improve the quality of information disclosure can really bring "value" for the enterprise, real estate listing Corporation information disclosure level and can really improve the performance of the company? In this paper, through the establishment of information disclosure of internal control evaluation system to measure the quality of the real estate listing Corporation, research on the internal control information disclosure quality on the impact of the listing Corporation’s performance to answer the question mentioned aboveThe research provides theoretical foundation for the following through and breakthrough point of research literature review and theory for this study; then, combined with the self evaluation report and audit report disclosure of internal control report, listing Corporation, the establishment of quality of information disclosure of internal control evaluation system, and the 2011-2013 333 real estate listing Corporation internal control the level of information disclosure evaluation results showed that despite the increase, the overall real estate listing Corporation disclosure level is not much, but the disclosure of internal control deficiencies and corrective measures of the company, and the majority of companies have chosen to evade the crucial point of the disclosure, less effective information; again, select the appropriate control variables to establish three multiple linear regression model, and the relation between internal control the quality of information disclosure and corporate performance is examined through empirical and case analysis, the empirical results show that the listing Corporation information disclosure of internal control quality and the rate of return on total assets is positively related to the quality of information disclosure of internal control, and the rate of return on net assets is positively related to the quality of information disclosure of internal control, and the total assets turnover ratio are positively correlated, indicating that internal control information disclosure quality By reducing agency cost, the increase in shareholders’ equity, in order to improve the performance of the company. Finally, according to the research results, suggestions and prospects.