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.
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