The relationship between Accounting Quality, ownership structure and characteristics of Board of Directors of listed company in China

• Main Authors: Yu-Chin Chen, 陳俞瑾
• Other Authors: Ming-Lei Chang
• Format: Others
• Language: zh-TW
• Published: 2009
• Online Access: http://ndltd.ncl.edu.tw/handle/5te9dz

碩士 === 銘傳大學 === 會計學系碩士班 === 97 === Using a sample of listed companies in china during 2003-2007, this paper examines the impact of board characteristic and ownership structure on accounting quality. Attributes of Board of Directors are characterized by board size, proportion of independent directors, dual position and board meeting. And ownership structure is characterized by government ownership and institutional ownership. Besides, accounting quality is characterized by earning conservatism, value relevance and earning management. The results show that firms with larger board size, a higher proportion of independent directors have better accounting quality. And firms with more board meetings are more conservative patterns in their annual earnings and also have significantly positive relationship with value relavence. But firms with a higher percentage of institutional ownership have worse earning conservatism and value relavence. In addition, firms with dual position exhibit are more conservative patterns in their annual earnings. However, firms with a higher percentage of institutional ownership have worse accounting quality.