【摘要】 管理层讨论与分析是管理层对公司过去经营状况的评价分析以及对公司未来发展趋势的判断和预期,对企业利益相关者至关重要。目前上市公司对管理层讨论与分析信息的披露极不规范,影响资本市场的发展。本文从实证角度对我国公司年报中管理层讨论与分析信息披露的影响因素进行了分析,希望研究结论能为规范管理层讨论与分析信息披露提供一些有价值的思路。更多还原

【Abstract】 Management discussion and analysis(MD&A),the evaluation of the company’s past operations and the prediction of its future development,is the key to the relevant interest groups.Currently the disclosure of MD&A information of listed companies fails to meet relevant requirements,which has inhibited the development of capital market.This article conducts an empirical analysis of the factors influencing the disclosure of MD&A in annual report and the research results may provide some valuable enlightenments for the standardization of the MD&A disclosure.更多还原