2009Journal of Hengyang Normal UniversityRequires access

On the Management of the Quality of Corporate-governance-based Accounting Information

Jilin Li

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Abstract

The accounting information is an important component of economic information.Unreliable or even distorted accounting information is a stubborn illness that restricts the healthy development of social economy.The quality of accounting information bears direct relation to corporate governance,with the former being an important component of the latter.Starting from the Principal-agent theory,this article discusses the influence of corporate governance on the quality of accounting information,arguing that corporate governance is key to improving the quality of accounting information in the current circumstances.In the article measures are also put forward as to how to improve both corporate governance and the quality of accounting information,such as the establishment of checks and balances of internal oversight and the construction of monitoring mechanism.

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What this paper is about

The accounting information is an important component of economic information.Unreliable or even distorted accounting information is a stubborn illness that restricts the healthy development of social economy.The quality of accounting information bears direct relation to corporate governance,with the former being an important component of the latter.Starting from the Principal-agent theory,this article discusses the influence of corporate governance on the quality of accounting information,arguing that corporate governance is key to improving the quality of accounting information in the current circumstances.In the article measures are also put forward as to how to improve both corporate governance and the quality of accounting information,such as the establishment of checks and balances of internal oversight and the construction of monitoring mechanism.

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Available abstract

The accounting information is an important component of economic information.Unreliable or even distorted accounting information is a stubborn illness that restricts the healthy development of social economy.The quality of accounting information bears direct relation to corporate governance,with the former being an important component of the latter.Starting from the Principal-agent theory,this article discusses the influence of corporate governance on the quality of accounting information,arguing that corporate governance is key to improving the quality of accounting information in the current circumstances.In the article measures are also put forward as to how to improve both corporate governance and the quality of accounting information,such as the establishment of checks and balances of internal oversight and the construction of monitoring mechanism.

Key concepts: Corporate governance, Accounting, Accounting information system, Business, Management accounting, Quality (philosophy), Information quality, Information governance

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