Seed Industry Intellectual Property Information Disclosure Of Listed Company

Nowadays, in the face of the national food security, and international seed industry under thebackground of fierce competition,"good seeds" is China’s seed industry listed companies the mostpressing needs. Independent research and development of new varieties can not only alleviate thecountry’s food crisis, also can improve the competitiveness of China’s seed industry industry, at thesame time, it also can seed industry listed companies to attract investment, create intangible wealth.Seed industry listed companies to attract investors, however, the main way is to rely on thedisclosure of intellectual property information. Potential investors will depend on the disclosure ofintellectual property rights to judge the future development of the enterprise. Seed industry,therefore, the stand or fall of intellectual property information disclosure of listed companies, notonly relates to the competitiveness of the enterprise itself, also related to fund-raising. Based on this,the present intellectual property information disclosure of listed companies research can not onlyreflect China’s seed industry overall level of intellectual property information disclosure of listedcompanies, and to cause the attention of enterprise of intellectual property information disclosure,in order to improve the competitiveness of China’s seed industry listed companies.This paper is to seed industry listed companies during2011-2013three years in a row of annualfinancial report as the research object, using descriptive analysis and Feltham-Ohlson model as theresearch method, investigates the seed industry intellectual property information disclosure of listedcompanies. Seed industry first by using descriptive analysis to analyze the present situation of theintellectual property information disclosure of listed companies., a first step to determine theintellectual property rights disclosure of information, and then analyze the seed industry overalllevels of disclosure of listed companies, again according to the design of intellectual propertyinformation disclosure scale, using comparative analysis method, the seed industry listed companiescompared with other agricultural listed companies, and summarize the seed industry intellectualproperty information disclosure of listed company’s outstanding performance and shortcomings.The second step, the Feltham-Ohlson model equation was improved, join a number of factorsaffecting ipr disclosure, using SPSS software to test the new Feltham-Ohlson equation, validationof seed industry existing intellectual property information disclosure of listed companies theinfluence degree of the level of the value of the company, the empirical results show that the seedindustry in our country, the listed company, the intangible assets as a whole and detailed disclosure, research and development costs amount and proportion of intangible assets, note disclosure andother intellectual property rights, development spending note disclosure note disclosure theinfluence of the five factors of intellectual property information disclosure is the most significant.Therefore, seed industry listed company should improve the seed industry in these areas the level ofintellectual property information disclosure of listed companies. Then, using descriptive analysis,summed up the seed industry exist in intellectual property information disclosure of listedcompanies is not independent, disclosure scope narrow, incomplete disclosure forms, understandingof accounting standards is not accurate, measuring the problem such as flawed. Then, starting fromthe problems of analyzing the reasons of the existence of problems, and finally gives to improve oursystem of accounting standards and disclosure rules, in the form of "pyramid" disclosure, improvethe existing "should be disclosed" and "not disclosed" single form; Improve the level of accountingpersonnel business knowledge; Rationalization measures such as increasing penalties.