Year: 2025
Type: article
Abstract: This article focuses on the inherent correlation between corporate governance and the quality of financial accounting, analyzing the logic of how governance structures and mechanisms affect the generation of accounting information. It reveals the transmission path of power and responsibility allocation and decision-making processes on accounting recognition, measurement, and reporting. Additionally, it examines the practical contradictions between current governance practices and accounting quality requirements from four dimensions: the risks of equity concentration, the misalignment of independent directors' effectiveness, insufficient internal supervision and coordination, and the limitations of external constraints. Based on this analysis, the article proposes strategies such as constructing a balanced structure of diversified equity, improving the performance guarantee for independent directors, strengthening internal supervision and coordination mechanisms, and establishing an external governance and constraint system. This forms a complete research chain from theoretical analysis to problem diagnosis and then to countermeasure design, striving to provide a systematic solution for enterprises to improve the quality of financial accounting.
Author: Weifan Yu
Institution: Durham University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W7076050666
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