Journal of Jishou University(Social Sciences) ›› 2012, Vol. 33 ›› Issue (2): 97-103.DOI: 10.3969/j.issn.1007-4074.2012.02.017

• Economics • Previous Articles     Next Articles

Research on the Board Controlling of Ultimate Shareholders and the Accounting Transparency

  

  1. (1.Department of Technology and Economics,Shenyang Institute of Engineering,Shenyang,Liaoning 110136,China;2.Business School,Liaoning University,Shenyang,Liaoning 110036,China;3.School of Mathematical Sciences,Dalian University of Technology,Dalian,Liaoning 116024,China)
  • Online:2012-03-15 Published:2012-04-04

Abstract: This paper attempts to research on accounting transparency determinant based on the viewpoint of ultimate controlling.With excellent and unqualified listed company of Shenzhen Stock Exchange A-share from 2006-2008 as the sample,it analyzes the influence of ultimate shareholders’ proportion in the board and their excess controlling on accounting transparency.The research shows that there is a negative relationship between the ultimate shareholders’ proportion in the board and the accounting transparency,though it not obvious statistically;there is an obvious negative relationship between the ultimate shareholders’ excess controlling of the board and accounting transparency;and accounting transparency of state-owned listed company is higher than that of non-state-owned listed company.

Key words: ultimate shareholders, excess control, cash flow rights, accounting transparency

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