Ultimate Controlling Shareholder and Corporation’s Quality of Information Disclosure
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    Abstract:

    This paper examines the relationship between the actual controlling shareholder and quality of information disclosure by use of panel data of listed companies from 2007 to 2010 in Shenzhen Stock Exchange. The result shows that a corporation’s quality of information disclosure becomes worse when its actual controlling shareholder is a private unit. And the equity ratio of the actual controlling shareholder is positively related to the quality of information disclosure. However, the divergence of controlling rights from cash flow rights is not statistically related to the quality of information disclosure.

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陈耿,龚玲,刘星.实际控制人对公司信息披露质量的影响研究[J].重庆大学学报社会科学版,2013,19(1):72~77

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  • Received:
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  • Online: January 21,2013
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