A Study On The Affect Between The Board Characteristics And Accounting Standards Executive

As we all know, in the modern enterprise system, the company ’s management andownership are separated, in this system, strict and effective corporate governance isundoubtedly essential. Corporate governance mechanism in the enterprise plays animportant role in corporate governance can provide a guarantee for the development ofenterprises, enabling enterprises to develop in the right direction it is a strategicmanagement. Usually we believe that the company ’s external governance mechanisms andinternal governance mechanisms are the two main parts of the corporate governancemechanism. The board governance mechanism plays a very significant role in thecompany’s internal governance mechanisms. In the company’s leadership, the position ofthe Board of Directors is at its core, it can be said, the board acts as a connecting bridgebetween shareholders and management, the board of directors represent the interests ofboth shareholders, as the board itself is elected by the shareholders, while the Board isalso responsible for the management of the company running some of the dailymanagement of the affairs of a specific company, of course,it also has the highestdecision-making board of directors of the company. In recognition of the important role ofthe board of directors,after these years, with the continuous development of our board ofdirectors and a sound system, especially with the continuous development of China’smarket economy, the study literature on Board is growing, scholars resulting research hasfocused on the company’s board of directors will feature some of the other aspects of howkind of impact, including the impact on business performance and internal control, but Ifound that after finishing the impact of accounting standards,board characteristics of thestudy was performed relative by lack, we know that the role of accounting standards inlisted companies is very important, it provides a common norms and standards forcorporate behavior, companies disclosing information in accordance with the requirementsof accounting standards is the responsibility and obligation of the enterprise, but in reality,companies in the implementation of accounting standards, will be affected by manyfactors, which of course also include the impact of accounting standards of boardcharacteristics, this paper attempts to expand the research from this perspective.Firstly, the study uses a standardized method, through domestic and internationalliterature over a certain synthesis and analysis of influencing factors on accountingstandards, which must be analyzed and explained from both internal and external aspectsclassifying a certain category, and then classify and sort the domestic and internationalliterate research on Board feature, of which, the paper also features the Board of Directorsfor a certain classification, noting the board ’s main four characteristics this article reflect: size of the board, the proportion of independent directors, board meetings, the chairmanand general manager of whether it is by the same person to serve.Then, this paper using the economic theory, the modern theory and agency theoryhousekeeper,theoretically analyzed the impact of the mechanism and characteristicsaffecting the way the Board on the implementation of accounting standards and laid thetheoretical foundation for the full empirical study.Finally, the above theoretical analysisand summary,this section presents four hypotheses article to be studied.Then usingempirical research methods theoretical part of this paper, four hypotheses were proposed bysome tests before empirical research, the first under the proposed model, the establishmentof a linear regression model, subsequently selected from2010to2012in Shenzhen A sharelisted company data for the study sample, these samples were excluded certain options andfinally got the data and information more comprehensive samples for analysis, accordingto the model, using SPSS software for processing, empirical tests of the accounting boardcharacteristics have great affect on the implementation of the guidelines. In the test,selecting the size of the board, the proportion of independent directors, the number ofannual Board of Directors and General Manager of the unity of the two positions are theexplanatory variables, the size of the company, the company’s assets and liabilities and netassets yield rate of the control variables to the Shenzhen Stock rating the quality ofaccounting information disclosed exchanges as an alternative implementation of the resultsof the variable accounting standards, and it is interpreted as a variable.Through specificempirical analysis, we find that, the board features four articles selected does not existmulticollinearity,and through correlation analysis found that between explanatory variablesand control variables in this article and being selected explanatory variables there is acorrelation relationship, in particular regression analysis, the conclusions found that therelationship between the size of the board of directors, board meetings and two-year post-one situation with the implementation of the results between accounting standards havepassed the significance test to verify the hypothesis proposed. However, the proportion ofindependent directors on the Board is not through significant testing, which is the oppositeassumption in this paper Summary of the article put forward suggestions andcountermeasures, and pointed out the existence of a number of research questions, andcombine research paper on the future research directions for a certain outlook.