Empirical Research Between Corporate Governance And The Disclosure Quality Of Accounting Information

In 2004, the SME board in Shenzhen stock was officially launched, its establishment consummate China’s capital market system, is an important measure to build a multi-level capital market.In recent years, at small plates market, There are many cases:small shareholder protect their rights. The reason of the occurrence of these cases is the lower quality of the accounting information disclosure, so misleading stakeholders to make the wrong decisions that undermined their interests.The defect of corporate governance has led to the lower accounting information disclosure.The purpose of this paper is to study the relationship between them, to get some conclusion, to give my own proposals.The article is divided into five chapters. The first chapter is an introduction. It introduces the writing background, purpose and the innovation.The second chapter introduces theoretical basis and the related articles. It introduces the related articles, including the empirical and theoretical parts,and some concepts needed, as well as their theoretical origins.The third chapter is small board corporate governance of listed companies to disclose the condition as well as the quality of the condition. First it introduces China’s SMEs sector, and then describes the current status of SMEs and corporate governance disclosure quality of the condition.The fourth chapter is the empirical, it make 2011-2013 small plates listed companies as samples, using stata software to empirical analysis, find the impact of the disclosure of the quality of corporate governance factors.The fifth chapter of the article is the summarizes. It analysis the conclusions,and put forward my views, noting my lack of my paper and the direction in the future research.In this paper. There are the following conclusions:(1)Whether the workplace of the independent holder and the place of the company is same or not,has no significant relationship to disclosure quality;(2)the ratio of the largest shareholder, the proportion of independent directors, the top five shareholders have a positive relationship to disclosure quality;(3)The top ten shareholders, board of directors meeting have a inverse relationship to disclosure quality;(4)The size of the company, the higher debt ratio, a standard audit opinions of the company have a positive relationship to disclosure quality;ROE have a negative relationship to disclosure quality.(5) The ownership structure of non-state-owned enterprises to a greater impact on the quality of accounting information disclosure; in the board characteristics of accounting information disclosure quality effects, state-owned enterprises and non-state nature of the nature of the business less.