Research On The Influence Of Insider Control On The Quality Of Accounting Information

With the continuous deepening of China's state-owned enterprise reform,multi-level capital market reforms have also accelerated.At this time,accounting information has become a universal and international business language.It can not only provide theoretical guidance to users of accounting information,helping them make correct decisions based on the real operating conditions of the enterprise,but also have practical significance for helping enterprise managers to improve their governance structure and improve their management mechanism.Therefore,in the context of the new era,the quality of accounting information of state-owned enterprises has gradually become a focus of widespread concern in all sectors of society,especially in the financial and economic circles.At the same time,in the process of promoting the high-quality development of China's economy,state-owned enterprises that have undergone transition and restructuring have been seriously troubled by internal control issues.As a result,there are many adverse consequences,the most prominent of which is the distortion of accounting information.So what role do insiders play in accounting information disclosure,and how does insider control affect corporate governance?Based on the above issues,this paper focuses on the impact of insider control on the quality of accounting information.On the basis of the existing research,this article first sorts out the relevant literature on internal control,quality of accounting information,and independence of internal audit.Secondly,with the help of relevant theoretical basis such as corporate governance,the mechanism between the three was explained,and then a conceptual model was constructed,and research hypotheses were put forward.Then,based on the previous methods of constructing variable measurement methods,we innovated and determined the sample selection rules and variable measurement methods in this paper.Next,from 2014 to 2018,A-share state-owned listed companies on the Shenzhen Stock Exchange were selected as samples,and a total of 854 qualified listed company samples were collected through manual collection and batch download in the database.Finally,using SPSS25.0 for data processing,scientific conclusions are drawn through statistical analysis of valid data.The empirical research results show that the insider control is significantly negatively related to the quality of accounting information;the independence of internal audit has a significant role in regulating the relationship between insider control and the quality of accounting information.This research conclusion not only enriches the relevant theories of corporate governance,but also provides theoretical basis and policy guidance for getting rid of insider control to improve the quality of accounting information.