本文以深圳证券交易所信息披露的考评度量上市公司的信息披露质量,采用换手率衡量上市公司股票流动性。本文的研究发现信息披露的质量越高,市场流动性越好,并且公司的规模与公司股票流动性呈负相关关系,公司的盈利能力与公司股票流动性呈正相关关系。 This paper measures the information disclosure quality of listed companies based on the evaluation of information disclosure of Shenzhen Stock Exchange, and measures the liquidity of listed companies by using the turnover ratio. The study found that the higher the quality of information disclosure, the better the liquidity of the market and the negative correlation between the size of the company and the liquidity of the company’s stock. The profitability of the company is positively correlated with the liquidity of the company’s stock.