The Influence Of Management Power And Internal Control On The Quality Of Accounting Information

Accounting information is a centralized reflection of a company's financial situation and operating conditions.At the same time,it also provides an important basis for a company's production investment decision.Timely and accurate accounting information can lead the company's investors to make effective investment;otherwise,it will make invalid investment and make the resources unable to be rationally allocated.Therefore,improving the quality of the company's own accounting information not only protects the legitimate interests of investors,but also promotes the healthy and effective operation of the capital market.As the agent of the owner of a company,the management is responsible for the management and decision-making of the company's daily business activities,which plays a decisive role in the process of accounting information disclosure,and the size of its power further affects the quality of accounting information.Along with the publication of sarbanes act,there are higher requirements for the establishment of a company's internal control system and the disclosure of its information.Since 2006,China's five ministries and commissions have successively issued a series of basic norms and corresponding guidelines on the internal control of companies,and vigorously promoted the implementation,in order to achieve the goal of improving the internal management efficiency of companies.Therefore,the perfection of internal control,the company's accounting information quality also has a significant impact.In reference at home and abroad about the management power,the influence of the internal control of accounting information quality of the literature,based on the management of power,the perspective of two aspects of internal control,accounting conservatism,the quality of accounting information quality of information transparency and surplus substitution variables,from 2015 to 2017 Shanghai and shenzhen main board 129 a-share listed agricultural companies as research samples,establish regression model,to explore these two aspects and the influence of the cross terms of accounting information quality.The final results are as follows:First,management power negatively affects the accounting robustness of listed agricultural companies,thus negatively affecting the quality of the company's accounting information.Perfect internal control positively influences the accounting robustness of listed agricultural companies,which is beneficial to the improvement of accounting information quality.In addition,perfect internal control will limit the negative effect of management power on accounting conservatism and improve the quality of accounting information of the listed agricultural company.Second,management power negatively affects the accounting information transparency of listed agricultural companies,thus negatively affecting the quality of the company's accounting information;The perfect internal control positively influences the accounting information transparency of the listed agricultural company,which is beneficial to the improvement of the accounting information quality of the company.In addition,perfect internal control will limit the negative effect of management power on accounting information transparency and improve the quality of accounting information of the listed agricultural company.Thirdly,management power negatively affects the quality of accounting earnings of listed agricultural companies,thus negatively affecting the quality of accounting information.Perfect internal control positively affects the accounting earnings quality of listed agricultural companies,which is beneficial to the improvement of accounting information quality.In addition,perfect internal control will limit the negative effect of management power on the quality of accounting earnings and improve the quality of accounting information of the listed agricultural company.Finally,according to the main research conclusions of this paper,this paper puts forward specific Suggestions from the two aspects of management power and internal control,so as to improve the quality of accounting information of listed agricultural companies.