Abstract

With the rapid development of Chinas economy, the number and scale of listed companies have been expanding, and the importance of accounting information disclosure as a way for listed companies to disclose information to investors and other stakeholders cannot be overstated. However, at present, there are still more significant problems with the disclosure of accounting information by listed companies in China, thus resulting in numerous incidents of financial fraud in recent years. Based on the close relationship between corporate governance and accounting information, this paper firstly conducts an extensive search and collation of relevant theories and conducts a study on the impact of listed companies governance on the quality of accounting information disclosure, illustrating the impact of listed companies governance on the quality of accounting information disclosure from four aspects: shareholding structure, board of directors, supervisory board and external intermediaries. These include optimising the shareholding structure and improving the balanced shareholding system; promoting the construction of the board of directors and splitting the bond with the management; enhancing the independence of the board of directors and effectively performing the supervisory function; and strengthening the supervisory role of the audit body and enhancing the efficiency of audit supervision. It is expected to provide some experiences and warnings for the companys governance strategies and prevention of possible problems in accounting information disclosure, and to provide some reference for the companys management.

Keywords: Listed Companies, Governance Structure, Accounting Disclosure