In recent decades, China's capital market has developed rapidly. In the process of development, government regulators and investors pay more and more attention to the management of listed companies, gradually realize the importance of internal control of listed companies, and have a strong demand for the disclosure of internal control information of listed companies. Since 2008, China began to establish the internal control system, until 2010, the relevant laws and regulations were issued, and the internal control information disclosure system was further improved. The internal control information disclosure system puts forward the rigid requirements for the information disclosed by listed companies to investors and government regulators, which indicates that China's internal control information disclosure really enters the stage of compulsory disclosure. At present, the domestic theoretical research on internal control information disclosure is still in its infancy. In addition, most scholars study the listed companies in the whole capital market as a whole, and only a few scholars study the listed companies in a specific industry. There is no doubt that the real estate industry is the pillar industry of China's economy. The performance of the real estate industry has a significant impact on China's economic development. In view of this, this paper takes the listed companies in the real estate industry as the research object, according to the reports disclosed by these companies in 2017, makes descriptive statistics on their internal control information disclosure, analyzes the existing problems and the causes of these problems, and puts forward suggestions to solve the problems. In addition, this paper selects a real estate listed company for specific and detailed analysis.
Key words: real estate listed company; internal control; disclosure status; Vanke Company
