An Empirical Research on Factors Influencing the Information Disclosure of Internal Control Deficiencies of Listed Companies

According to the 'listed company internal control guidelines' which separately promulgated by the Shanghai SE and the Shenzhen SE in 2006, the information disclosure of internal control deficiency of Chinese listed company has been classified into the obligatory disclosure category. This paper has randomly sampled listed companies annual reports from stock market between 2007 and 2008, and analyzed the effective factors affected information disclosure of internal control deficiency. Through an empirical study, the author discovers that the listed companies and violated companies in Shenzhen are proved to disclosure more specific deficiency information in their annual reports, while whether the company is STed and the asset scale have no clear relation with the internal control deficiency disclosure.