投资者保护与会计信息披露:一个互动的分析框架

本文分析了投资者保护与会计信息披露之间的内在关系,指出会计信息披露是重要的投资者保护机制,能有效缓解公司内部人与外部人之间的信息不对称,减少代理成本。与此同时,法律对投资者的保护决定了控制权的私人收益,进而影响会计信息披露质量。改善会计信息披露质量的新思路。

Investor Protection and Accounting Information Disclosure: An Interactive Analytical Framework

This paper analyses the interactive relationship between investor protection and accounting information disclosure. As an important mechanism for investor protection, accounting information disclosure can mitigate information asymmetry and reduce agency cost between insiders and outsiders. At the same time, the legal protection of investors can explain the private benefit of control and further affect the quality of accounting information disclosure. This provides us a new path to improve the quality of our accounting information disclosure.