我国互联网行业上市公司自愿性信息披露的影响因素研究

发布时间：2018-02-28 17:15

本文关键词： 互联网行业上市公司自愿性信息披露公司治理公司绩效　出处：《西南石油大学》2017年硕士论文　论文类型：学位论文

【摘要】：近年来,互联网行业在国民经济发展和社会生产生活中产生着越来越重要的影响,互联网公司所披露的信息逐渐受到市场各方的关注,其会计信息使用者对公司所披露信息的要求也越来越高,除了政府规定的强制性披露的信息外,自愿性信息披露同样成为了投资者参考和分析的依据。因此本文以互联网行业上市公司作为切入点,研究互联网行业上市公司自愿性信息披露的情况,从公司股权、公司治理、公司绩效等方面选取变量分析其对该行业中上市公司自愿信息披露的影响,为其他行业提供对比,对改善公司内部治理方式,提高信息披露质量有一定的现实意义。本文在借鉴国内外对自愿性信息披露影响因素相关研究的基础上,应用自愿性信息披露的相关理论,采用实证研究的方法,以沪深两市89家互联网行业上市公司的数据和内容为样本,构建了互联网行业上市公司自愿性信息披露的评价指标体系,并进行指数的计算。利用多元线性回归模型,检验选取的变量对公司自愿性信息披露的影响。结论表明高管持股比例、设立内部审计机构、公司发展能力、事务所声誉与互联网行业上市公司自愿性信息披露水平正相关,大股东持股比例、董事长总经理两职合一与互联网行业上市公司自愿性信息披露水平负相关。根据实证研究的结果,本文从宏观和微观的角度针对互联网行业自愿性信息披露提出相关的建议,以期推动互联网行业及整个市场信息披露状况的健康发展,完善证券市场信息披露体系。
[Abstract]:In recent years, the Internet industry has become more and more important in the development of national economy and social production and life, and the information disclosed by Internet companies has gradually attracted the attention of all parties in the market. In addition to the mandatory disclosure of information provided by the government, the users of accounting information are demanding more and more information from companies. Voluntary disclosure of information has also become the basis for investors' reference and analysis. Therefore, this paper takes listed companies in the Internet industry as a starting point to study the situation of voluntary disclosure of information of listed companies in the Internet industry, from the perspective of corporate equity and corporate governance. The company performance and other factors are selected to analyze its impact on the voluntary disclosure of information of listed companies in the industry, and to provide a comparison for other industries, and to improve the internal governance of the company. It is of practical significance to improve the quality of information disclosure. On the basis of studying the influencing factors of voluntary information disclosure at home and abroad, this paper applies the relevant theory of voluntary information disclosure, and adopts the method of empirical research. Based on the data and contents of 89 listed companies in Internet industry in Shanghai and Shenzhen stock markets, the evaluation index system of voluntary information disclosure of listed companies in Internet industry is constructed, and the index is calculated by using multivariate linear regression model. The results show that the proportion of senior managers' shareholding, the establishment of internal audit institutions, the ability of company development, the reputation of firms and the level of voluntary disclosure of information of listed companies in Internet industry are positively related to the influence of selected variables on voluntary disclosure of information. The proportion of major shareholders and the combination of two positions of chairman and general manager are negatively correlated with the level of voluntary disclosure of information of listed companies in the Internet industry. In order to promote the healthy development of the Internet industry and the whole market information disclosure situation and perfect the information disclosure system of the securities market, this paper puts forward some relevant suggestions on the voluntary information disclosure of the Internet industry from the macro and micro angles, in order to promote the healthy development of the Internet industry and the whole market.
【学位授予单位】：西南石油大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F275;F49

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