The Research of Ownership Structure and the Quality of Accounting Information in GEM Listed Companies

Abstract

The quality of accounting information is the hot topic nowadays. The accounting information disclosure is a system of corporate governance; ownership structure is the foundation of corporate governance, so ownership structure can give an impact on the quality of accounting information through corporate governance. This paper selects GEM listed companies’ data from 2012 to 2014 and researches the relationship between ownership structure and quality of accounting information from three aspects: ownership properties, ownership concentration and balanced concentrated ownership structure. The results show that the proportion of corporate ownership and the proportion of managerial ownership have positive correlations with the accounting information quality; the state-owned stake, ownership concentration and balanced concentrated ownership structure have not significant relationship with accounting information quality.