Title :
An empirical research on the voluntary disclosure of Chinese electronic listed companies´ information
Author :
Zhang, Bingfa ; Li, Ying ; Zhang, Lei
Author_Institution :
Sch. of Manage., Univ. of Jinan, Jinan, China
Abstract :
With data of Chinese electronic listed companies, this paper empirically analyzes the impact of corporate governance structure, operation situation and external environments on the voluntary disclosure of companies´ information. The findings suggest that the share ratio of circulation stock, percentages of independent directors, separation of chairman of the board and CEO, company size and profitability are significantly positively related to voluntary disclosure level; shareholding percentage of the largest shareholder and percentage of the top ten shareholders are significantly negatively associated with voluntary disclosure level. According to the above conclusions, this paper gives some policy suggestion.
Keywords :
organisational aspects; profitability; small-to-medium enterprises; Chinese electronic listed companies information; circulation stock; company size; corporate governance structure; operation situation; profitability; share ratio; shareholding percentage; voluntary disclosure; Companies; Consumer electronics; Indexes; Monitoring; Profitability; Stock markets; Chinese Electronic Listed Companies; Corporate Governance Structure; Corporate Operation Situation; Empirical Research; Voluntary Disclosure;
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Deng Leng
Print_ISBN :
978-1-4577-0535-9
DOI :
10.1109/AIMSEC.2011.6011186