上市公司调研信息披露质量的影响因素研究——基于我国A股市场调研信息披露的数据  

The Research on Factors Influencing Site Visit Information Disclosure Quality of Listed Companies——Based on the Evidence of Site Visit Information Disclosure in A Share Market

作　　者：岳思诗 范紫莹 董大勇[1] YUE Si-shi;FAN Zi-ying;DONG Da-yong(School of Economics and Management,Southwest Jiaotong University,Chengdu 610031,China)

机构地区：[1]西南交通大学经济管理学院

出　　处：《经济体制改革》2019年第5期113-120,共8页Reform of Economic System

基　　金：国家自然科学基金项目“有限理性下的自媒体证券信息传播:资源价值与负面效应”(71271174)

摘　　要：本文以2010~2017年A股市场披露调研信息的3457家上市公司为研究样本,对其调研信息披露质量的现状及影响因素进行分析和探索。研究发现,上市公司调研信息披露质量总体上呈现不断改进趋势。公司规模、投资价值和实际控制人以及所处地区、行业等是影响调研信息披露质量的主要因素。因此,上市公司尤其是规模较大、位于欠发达地区、竞争较弱行业的公司,应提升信息披露质量,监管层应健全信息披露规范,以促进各公司调研信息披露均衡发展。This paper takes site visit information disclosed by 3457 companies listed in A share market from 2010 to 2017 as examples,analyzing the site visit information disclosure current situation of listed companies as well as investigating the influencing factors of disclosure quality. It finds that the quality of site visit information disclosure as a whole has the trend of improving. Companies’ size,investment value,actual controllers,area and industries are the main factors to affect the site visit information quality. Hence,listed companies,especially the companies with large size,located in undeveloped area and weakly competitive industries, should improve information disclosure quality. Regulators should perfect regulations of voluntary information disclosure to simulate the harmonious development of site visit information disclosure.

关 键 词：调研信息披露 披露质量 影响因素 公司规模 

分 类 号：F830.9[经济管理—金融学]