我国上市公司财务信息披露质量影响因素地.pdf

Abstract Information disclosure of listed companies is a listed company will offer important information which will affect investors to decision –making directly or indirectly to investors publicly in the form of reports , investors understanding of listed companies, securities regulatory bodies monitoring the primary means of listed companies, but also to resolve a Securities Market, asymmetric information means the root of the problem, its important aims is to safeguard the interests of investors. Asymmetric information affect the securities market efficiency .Information disclosure of listed companies can change the asymmetry of information and improve market efficiency, but the disclosure of false information may result in the stock market crisis of confidence. Promote long-term development of securities markets healthily , it need to improve the quality of information disclosure.But widespread problems of quality of disclosure of financial information of listed companies in china has become an important factor of hindering the development of Chinese securities market.The are many causes of the quality of disclosure of financial information,including specific internal factors and external factors. External factors are mainly market supervision, auditing intermediaries, the quality of information users and so on.Internal factors are the main structure of property rights, corporate governance structure, financial performance, quality and other information providers. The internal factors that affect the quality of information disclosure of the source, inspection and internal factors is of great signifi