公司治理对会计信息披露质量影响——基于我国生物医药业上市公司的实证研究

Influence of Corporate Governance on Quality of Accounting Information Disclosure:An Empirical Study of Some Listed Companies of Biological Pharmaceutical Industry in China

会计信息披露是企业向信息使用者揭示和反映企业价值运动,高质量的信息披露可以降低信息不对称程度,使投资者能更正确地做出判断。以生物医药业上市公司为例,采用Logistic回归分析方法,系统研究公司治理与会计信息的披露质量之间的关系,发现公司治理中的董事会规模、独立董事比例和监事会规模的提高会使得会计信息披露质量得到提高,董事会会议次数与会计信息披露质量显著负相关。

Accounting information disclosure refers enterprise to information users. High asymmetry, and help investors to maketo the fund movement to reveal and reflect the value of anquality disclosure can reduce the degree of informationmore correct judgment. Taking some listed companies ofbiological pharmaceutical industry in China as an example and adopting the method of Logisticregression analysis, this paper studies in a systematic way the relation betweencorporate governanceand quality of accounting information disclosure. The results reveal that increase of the size ofdirector board, proportion of independent directors, and size of supervisor board can improve thequality of the disclosure, and frequency of director board conferences and quality of the disclosure arein remarkable negative correlation.