Notice of Retraction: The disclosure of internal control information situations in Public-Listed Company and its influencing factors: Evidences based on the perspective of corporate governance

Abstract

This paper designs the disclosure of internal control information quality evaluation system, to analyze the disclosure of internal control information situations in Public-Listed Company, and we examines its influencing factors based on the perspective of corporate governance. The results show that the disclosure level of internal control information not only very low, but also have comparatively great differences among Public-Listed companies in China; the factors having significantly positive correlations to director board size, proportion of independent directors, State-Owned Holder and set up internal control department, factors having negative correlation is the chairman of board of director who is general manager, but there is no statistical significance between the disclosure of internal control information and supervisory board size, the proportion of top one shareholder. We conclude that corporate governance has significant effect on the disclosure of internal control information.