The Impact Of Top Management Team Background Characteristics On The Quality Of Accounting Information Disclosure

Accounting information disclosure is the basic channel for information communication between investors and investment targets,and it is an important content to embody the three principles of capital market: openness,fairness and fairness.Under the social development situation of high quality development,ensuring the quality of accounting information disclosure is beneficial to the interests of shareholders and investors.The theory of senior echelon holds that the characteristics of senior managers will affect the cognitive structure and values of senior management team,and then affect corporate performance.As a special whole of the company,the senior management team,when pursuing its own interests,inevitably makes use of the privileges around it for personal gain,ignoring the quality of accounting information disclosure of the company.At the same time,as the leader of many enterprises,the quality of accounting information disclosure of "information technology industry" has been paid more and more attention by the state and enterprises.Therefore,it is urgent to study the relationship between the background characteristics of top management team and the quality of accounting information disclosure in information technology industry.Through the above analysis,this paper takes the empirical data of A shares in Shenzhen information technology industry from 2014 to 2016 as the research sample,and uses Ordered Logit model to test the impact of the background characteristics of senior management team on accounting information disclosure.At the same time,this paper incorporates the nature of property rights,and explores the similarities and differences of the influence of the background characteristics of top management teams with different nature of property rights on the quality of accounting information disclosure.The results show that:firstly,the education level and tenure of senior management team in information technologyindustry are positively correlated with the quality of accounting information disclosure;secondly,the proportion and age of female senior managers are not significantly correlated with the quality of accounting information disclosure;thirdly,the background characteristics of senior management team have different effects on the quality of accounting information disclosure under different property rights.Specifically,firstly,the gender of non-state-owned enterprise executive team is not significantly related to the quality of accounting information disclosure,but negatively related to the quality of accounting information disclosure in state-owned enterprises;secondly,the education level of senior management team in state-owned enterprises is slightly more significant than that in non-state-owned enterprises;thirdly,the tenure of senior management team in state-owned enterprises is not significantly related to that in non-state-owned enterprises;fourthly,the age of senior management team in state-owned enterprises and non-state-owned The impact of accounting information disclosure quality is relevant but not significant,which may be due to the younger senior management team in information technology industry.The main innovations of this paper are as follows: Firstly,the innovation of research perspective.This paper chooses the IT industry with the most active innovation,the strongest driving force and the broadest penetration as the research object.Secondly,by adding the influence factors of property right nature,we refine the research content of the influence of the background characteristics of senior management team on the quality of accounting information disclosure in information technology industry.