The Researches on Information Content of inside Control Disclosure in Chinese Capital Market

This paper tested information content of disclosure on inside control. According to disclosed scope on inside control, the paper distinguished a firm´s disclosure attitude to inside control. Based on 215 observations in 2007 from Chinese Small and Medium-sized Enterprises Board, linearly regressive results indicate that voluntary self-evaluation reports on inside control have information content and can provide useful information to investors. A firm would have higher disclosure level on inside control if the firm discloses a self-evaluation report voluntarily. Empirical results would redound to evaluate disclosure level on inside control.