Research on the Impact of Enterprise Information Disclosure Quality on Corporate Operation

Corporate disclosure has received increasing attention in recent years as a way for investors to understand companies. While existing research focuses on the truthfulness of corporate disclosure, this paper analyzes the impact of corporate disclosure quality on both internal and external aspects of the firm, and further analyzes the impact of disclosure quality on the firm by integrating the medium of disclosure and the impact of CSR disclosure on the firm. Finally finds that high-quality disclosure effectively reduces corporate risk by alleviating information inequality between companies and investors, and benefits companies both internally and externally. Corporate social responsibility disclosures have become a priority for companies as part of investors’ concerns. In addition, new media, as a new way of corporate information disclosure, also brings positive influence to enterprises, and enterprises use new media reasonably to disclose and disclose high-quality social responsibility information more easily to obtain investors’ favor.