衡量上市公司信息披露程度研究综述

在对近半个世纪以来(1961-2008)国内外相关文献研究的基础上,文章着重论述了西方国家研究者所采用的衡量上市公司信息披露程度的研究方法,分析了区分自愿性、强制性或混合性披露的研究选择、衡量披露程度的指数构造以及对披露指数的加权(或不加权)与赋值处理等,归纳了有关衡量上市公司信息披露程度的研究在内容、范围和数据来源等方面的发展态势以及未来可能的研究方向。

The Measurement of Listed Companies' Information Disclosure Extent: A Review

On the base of reviewing the literatures in nearly half a century,this paper attempts to discuss the research methods that western researchers used in measuring the extent of information disclosure by listed companies. It analyzes the research choice by which to distinguish voluntary disclosure,mandatory disclosure,or a mixture of the both disclosures,and the ways to determine index construction and their effects on the weight (or un-weighted) of disclosure index and the distribution of their values. It als...