An Incomplete Game Analysis on Information Disclosure of Internal Control

被引:0
作者
Liu Yan [1 ]
Yao Shu-zhong [1 ]
机构
[1] Liaoning Univ, Sch Business, Shenyang 110036, Peoples R China
来源
2012 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE & ENGINEERING | 2012年
关键词
internal control; information disclosure; incomplete information; static game;
D O I
暂无
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
This paper studies under the background of the gradual warming of Chinese Government's attention on the internal control, uses the method of game theory, and analyzes the authenticity of internal control disclosure of listed companies from the view of static game with incomplete information. By analyzing, we find that several factors affect the authenticity of internal control information, they are supervision frequency of regulatory authorities, punishment cost, the cost that listed companies color their internal control information and the degree of adverse effect when false disclosure of internal control is found by regulatory authorities, so institutional arrangements are very important to improve the information disclosure of internal control. Then we analyze the status of China's internal control disclosure system, and compare with the relevant laws and regulations in the USA. With the conclusion by game analysis, we provide several suggestions for regulating the information disclosure of internal control on listed companies.
引用
收藏
页码:1445 / 1450
页数:6
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