How to Improve the Quality of Accounting Information Based on the Corporate Governance

Accounting information is listed as the focus of disclosure of corporate governance around the world. Its quality directly determines the effectiveness of capital market and the efficiency in the allocation of social resources. The reasons of common distortion of accounting information at the present stage are the problems of corporate governance mainly. Therefore, we select several quantifiable indicators of internal governance as independent variables, and take the index of the degree of actual price of listed corporate stock price close to the theoretical value as a proxy for the quality of accounting information which is also the dependent variable. Then we form a regression function of samples by empirical analysis and discuss the impacts of various components of internal corporate governance on accounting information quality. We give advices of how to improve the quality of accounting information according the results in the end of this paper.