【摘要】 本文以2004年深圳证券交易所上市的508家上市公司为研究样本,考察了大股东控制、审计监督与信息披露质量之间的关系。研究发现,信息披露质量与第一大股东持股比例显著正相关,与审计意见显著正相关,与是否设立审计委员会正相关,但不显著。这说明大股东控制在一定程度上可以提高信息披露质量,同时审计师在公司信息披露中起到了一定的监督作用。更多还原

【Abstract】 This paper analyzes how the behavior of the controlling stockholder affects information disclosure quality in Chinese stock market. The analysis shows that "the high shareholding ratio for first stockholder" is not the main reason which the controlling stockholder invade the interests of the medium or small stockholder, but the reasonable choice according to our market mechanism developing status and legal environment. The research shows that shareholding ratio of the first stockholder and types of share are both positively and significantly related to the information disclosure quality, which proves that to hollow out the listed company is not the only purpose of the controlling shareholder.更多还原