上市公司会计信息披露质量影响因素研究——基于能源企业的实证分析

Influence factors of disclosure quality of accounting information of listed companies in China——Based on empirical analysis of energy companies

为了深入研究能源上市企业会计信息披露质量的影响因素,提高上市公司对外披露会计信息的质量,采用理论分析和实证验证相结合的方法,对能源上市企业财务杠杆、企业规模等因素与会计信息披露质量的影响关系进行了探讨分析。结果表明:影响煤炭上市企业的因素主要有财务杠杆、企业规模、股权集中度、盈利能力和企业发展能力;企业财务杠杆对于企业会计信息披露质量的影响较大,呈显著负相关性,其次是企业盈利能力和企业规模,对于煤炭上市企业会计信息披露质量的影响,呈显著正相关,而股权集中度和企业发展能力对煤炭上市企业会计信息披露质量的影响不显著。国家应在考虑财务杠杆等因素与企业会计信息披露质量关系的基础上,完善会计信息披露制度和相应的处罚制度。

In order to study the influence factors of disclosure quality of accounting information of energy listed companies and improve the quality of accounting information disclosure of listed companies, this paper investigates the influence factors of disclosure quality of accounting by using theoretical analysis and empirical validation. The results indicate that the factors influencing listed companies include the fi- nancial leverage enterprise scale, equity concentration, profitability and enterprise development ability. The company＇ s financial leverage has a significant influence on the disclosure quality of accounting in- formation, which means the correlation is higher negatively. Followed by effect of enterprise scalely, profit ability on the quality of accounting information disclosure of listed companies, which all are positive, and effect of the ownership concentration and corporate development ability on the quality of the coal listed companies accounting information disclosure is not significant. The state should improve the accounting information disclosure system and its punishment system by considering the relationship between finan-cial leverage and quality of accounting information disclosure.