外文翻譯---公司治理與會(huì)計(jì)信息失真-外文文獻(xiàn)-展示頁(yè)
2025-01-31 09:22本頁(yè)面
【正文】 SarbanesOxley Action of 2021 to resolve accounting information quality. The law had several aspects, while are as follow: (1) The act also has stiffened penalties for corporate and criminal fraud by pany insiders. The law makes it a crime to destroy, alter or falsify records in a federal investigation or if a pany declares bankruptcy. The penalty for those found guilty includes fines, or up to 20 years imprisonment, or both. (2) No personal loans or extensions of credit to pany executives either directly or though a subsidiary, except for certain extension of credit under an open –ended credit plan or charge card, home improvement and manufactured home loans, or extensions of credit plan by a broker or dealer to its employee to buy, trade or carry securities. (3) Any CEO or CFO who “recklessly” violates his or her certification of the pany financial statement. If “willfully” violates, fine of up to $1,000,000 and /or up to 10 years imprisonment. Fine of up to $5 million and /up to 20 years imprisonment. (4) The act vests the audit mittee of a publicly traded pany with responsibility for the appointment, pensation and oversight of any registered public accounting information to perform audit services. The supervisory mechanism of the public pany in China consists of stockholder board, corporate board and supervisor board. But those boards cannot supervise the manager efficiently. When the outstanding achievement is not very good, certainly the manager will utilize different measures and announce the distorted accounting information to attain individual and political aims. 5. Pattern of the relationship between the corporate governance and the distorted accounting information and some proposals 7 Accounting information is orient to advance efficiency and improve performance of pany though using the mechanism to control the accountant datum. If this corporate mechanism brings into play efficiently, the accounting information must bine well with capital market. Because the price of stock can identify effort of manager and the possibility of controlling the surplus, the accounting index may sieve the unconventional influence of noneconomic factors. The other way round, the corporate governance can promote the manager to report true accounting information. The relationship can be described by Figure 4. Figue 4 . Relationship of Accounting Information and the Corporate Governance After the accounting information is announced by the manager, through the stockholder board\ the corporate board and the supervisor board, it finally bees the public record. By means of the analysis of the foregoing paragraphs, we think the main elements affecting quality accounting information are the ownership structure, the supervisory mechanism and the incentive mechanism. According to the formula below, the real accounting information is measured to A, the improperly ownership structure, supervisory mechanism and incentive mechanism which affect the degree of the accounting information quality is α、β、γ , the credible accounting information Performance Corporate governance mechanism Accounting information Price of stock Audit mechanism Protect degree of law Influence on politics Financing structure Concentration of industry 8 is Y: Y = A[1α][1β][1γ] （ 1） （ 0≤α≤ 1,0≤β≤ 1,0≤λ≤ 1, justγ≤α ,β） To be fit for Chinese the conditions。中文 3464 字 本科畢業(yè)論文（設(shè)計(jì)） 外 文 翻 譯 題 目 專 業(yè) 會(huì) 計(jì) 學(xué) 外文題目 The Corporate Governance and the Distorted Accounting Information 外文出處 Asian Social Science. July2021, Vol. 4, No. 7 外文 作者 Qiufei Wang 1 原文 ： The Corporate Governance and
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