Study on the Effects of the Performance of Thematic Tourism Listed Companies on Voluntary Information Disclosure

Liqing Lin
2017 Journal of Service Science and Management  
Based on the review of the relevant theory and empirical research of listed tourism companies' voluntary information disclosure and performance. This paper selects 11 thematic tourism listed companies in Shanghai and Shenzhen Stock Exchange as the research samples, and applies empirical analysis to discuss the relationship between voluntary information disclosure and corporate performance of thematic tourism listed companies. The results show that: the overall level of voluntary information
more » ... ary information disclosure in China's thematic tourism companies is moderate, and shows the trend of increasing year by year; The Return on Equity, Turnover of Total Assets and the Operating Income Growth Rate are positively related to the disclosure of voluntary information, and the Debt to Asset Ratio is negatively related to the disclosure of voluntary information. companies has attracted more and more attention from scholars at home and abroad. But at home and abroad, few of tourism research mainly focused on the performance evaluation of listed companies, and the diversification, capital structure is involved, for less information disclosure research of tourism industry, especially the listed tourism companies voluntary information disclosure and the results of empirical research is less.
doi:10.4236/jssm.2017.106037 fatcat:6fuqwfx7vrfvjmhmwo64fxdpby