How to improve the accounting information quality and decision-making value of subsidiaries of listed companies

With the development of economic globalization and enterprise diversification, many listed companies in China have established or merged subsidiaries at home and abroad for strategic layout. Therefore, the production and operation, asset quality, operating results, cash flow, ownership structure and its changes of subsidiaries have great influence on the financial performance of listed companies. In this context, we should improve the accounting information disclosure system of subsidiaries and improve its transparency, so that investors, creditors and other stakeholders can understand and analyze the real situation of listed companies and make correct investment decisions.