创业板上市公司内部控制信息披露质量及其影响因素研究

发布时间：2018-04-04 02:14

本文选题：创业板　切入点：内部控制信息　出处：《河北经贸大学》2014年硕士论文

【摘要】：创业板上市公司作为新兴资本市场重要的一员，其内部控制信息披露质量的水平，对信息使用者决策的科学性产生重要影响，直接影响到信息使用者对资本市场的信心。提高内部控制信息披露质量有利于增强信息使用者对资本市场的信心，优化创业板公司的治理结构，改善公司经营的效率和效果。促使创业板市场的信息不对称现象得到缓解，增强证券市场抵御和防范风险的水平，充分发挥资本市场资源配置的功能。本文的研究可为企业内部控制的控制配套指引在创业板市场的择机实施提供重要参考。本文首先提出了“内部控制信息披露质量”的概念以及内部控制信息披露应具备的质量特征。设计了内控信息披露质量指数（ICIDQI），该指数分三个层次共43个指标来度量内部控制信息披露质量，并采用主观赋值法和客观赋值法相结合的方法对各级指标赋予权重，并计算最后得分。从及时性、真实性、完整性及相关性四个方面评价了目前我国创业板市场内部控制信息披露质量的水平。评价结果显示，目前我国创业板市场内控信息披露质量水平总体不高。其次，本文从公司治理结构、公司财务状况以及事务所特征三个方面选取了9个自变量，对影响我国创业板上市公司内部控制信息披露质量水平的因素进行了实证分析。实证研究结果显示，公司治理结构方面：董事长与总经理是否兼职与ICIDQI显著负相关，董事会会议次数与ICIDQI显著正相关，股权集中度、独立董事比例对ICIDQI影响不显著；公司财务状况方面：公司的成长性与ICIDQI显著负相关，公司的盈利能力、抵御风险能力对ICIDQI影响不显著；事务所特征方面：事务所声誉、审计报告的意见类型对ICIDQI影响不显著。最后，从监管机构以及上市公司两方面提出了相关的对策建议。监管部门应对内控信息的评价、披露规则进行统一和细化，重点规范自我评价报告的内容及格式。可对内控信息披露的优秀模板进行评比，同时完善内部控制信息披露追责制度，加强对内部控制有效性承担责任主体的法律责任。另外，，创业板要改善公司的治理结构，加强内部控制建设，提高风险披露意识。引进风险管理、审计、内部控制等专业人才，对上市公司信息披露的内容及格式加以指导和规范，切实提高内控披露的信息含量。
[Abstract]:As an important member of the emerging capital market, the level of internal control of the quality of information disclosure has an important impact on the scientific decision-making of information users and directly affects the confidence of information users in the capital market.Improving the quality of internal control information disclosure is conducive to enhancing the confidence of information users in the capital market, optimizing the governance structure of gem companies, and improving the efficiency and effectiveness of the company management.The information asymmetry phenomenon in the gem market is alleviated, the level of resisting and preventing risks in the securities market is strengthened, and the function of resource allocation in the capital market is brought into full play.The research in this paper can provide an important reference for the guidance of internal control in the gem market.This paper first puts forward the concept of "internal control information disclosure quality" and the quality characteristics of internal control information disclosure.The ICIDQI index of internal control information disclosure is designed. The index is divided into three levels and consists of 43 indexes to measure the quality of internal control information disclosure, and the subjective assignment method and the objective assignment method are used to give weight to the indexes at all levels.And calculate the final score.This paper evaluates the quality of information disclosure in the gem market from the aspects of timeliness, authenticity, integrity and relevance.The evaluation results show that the quality level of internal control information disclosure is not high in China's gem market.Secondly, this paper selects nine independent variables from three aspects of corporate governance structure, corporate financial situation and firm characteristics, and makes an empirical analysis of the factors that affect the quality of internal control information disclosure of listed companies in gem.The empirical results show that the corporate governance structure: whether the chairman and general manager work part-time is negatively correlated with ICIDQI, the number of board meetings is positively correlated with ICIDQI, and the degree of equity concentration and the proportion of independent directors have no significant impact on ICIDQI;In terms of corporate financial situation, the growth of the company is negatively related to ICIDQI, and the profitability and the ability to resist risks have no significant impact on ICIDQI. In the aspect of firm characteristics: the reputation of firm, the opinion type of audit report has no significant effect on ICIDQI.Finally, the paper puts forward the relevant countermeasures from the two aspects of the regulatory authority and listed companies.The supervision department should unify and refine the evaluation of internal control information and the disclosure rules, and standardize the content and format of the self-evaluation report.We can evaluate the excellent template of internal control information disclosure, improve the internal control information disclosure accountability system, and strengthen the legal responsibility of the subject responsible for the effectiveness of internal control.In addition, gem should improve the corporate governance structure, strengthen the construction of internal control, and enhance the awareness of risk disclosure.Introducing professional talents such as risk management, audit and internal control to guide and standardize the contents and formats of information disclosure of listed companies, so as to improve the information content of internal control disclosure.
【学位授予单位】：河北经贸大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F275;F276.6;F832.51

【引证文献】