Research On The Influence Of Board Heterogeneity On The Quality Of Accounting Information Disclosure Under The Adjustment Of Legal Environment

Last few years,the issue of accounting information disclosure has become the focus of society,and it has also caused heated debates in the academic world.The imperfect corporate governance structure has led to the low quality of accounting information disclosure is the consensus of scholars.The central organization of corporate governance is represented by the board of directors,who have an important influence on the company's operation and development.Therefore,this paper solves the problem of the quality of accounting information disclosure with a new perspective,that is,puts the research entry point into the corporate governance structure--the heterogeneity of the board of directors,conducts the research on the correlation between the two,and further explore how the legal environment regulates the relationship between board heterogeneity and the quality of accounting information disclosure.First of all,this paper summarizes the domestic and foreign literatures on the heterogeneity of the board of directors and the quality of accounting information disclosure,finds the entry point of the research,and clarifies the research direction and main content of this paper.And the concept of this article is described in detail,such as the heterogeneity of the board of directors,the quality of accounting information disclosure,the legal environment.Then the related theories such as resource dependence,principal agent and high-level team are discussed,which lays a theoretical foundation for the following research.Next,the research hypothesis of this paper is clarified,and the research design is carried out on this basis.Finally,the relevant data of the listed companies in Shenzhen Stock Exchange A-share in 2015-2017 is taken as a sample,and the quality of accounting information disclosure is the explained variable,using the three dimensions of board heterogeneity as explanatory variables.At the same time,the legal environment is used as a regulatory variable and a research model is constructed.Empirical analysis uses multiple linear regression methods.The conclusions are as follows: the professional knowledge,functional background heterogeneity and accounting information disclosure quality of the board of directors are significantly and positively correlated.The legal environment will positively adjust the relationship between the board's professional knowledge,functional background heterogeneity and accounting information disclosure quality.The heterogeneity of educational level of the board of directors is positively related to the quality of accounting information disclosure.The legal environment has a regulatory effect on the relationship between the two,but the results are not significant;the legal environment will also directly affect the quality of information disclosure of the company,and there is a positive correlation between the two.Finally,the methods and suggestions for effectively improving the quality of accounting information disclosure are put forward.