A Study Of Accounting Information Disclosure Problems Based On Investor Protection

The paper studied the accounting information disclosure problem of listed company based on investors protection. Investors is main participator in security market and main needer of accounting information. Accounting information disclosure is main way that investors know the business of listed company. Investors protection is bisic goal of accounting information disclosure system, but investors' interest isn't protected effectively in practice. Investors protection has reality in China.The most important thing to protect investors is the right of being in know of information, it is starting point and a new visual angle of studing accounting information disclosure.It has especially meaning for the security market in our country.It regards financial accounting goal as the breakthrough point studied, based on essential analysis to interrelated theories basis of accounting information disclosure and investor protection, analyze the relation of accounting information disclosure and investor's interests protection, draw the conclusion that effictive accounting information disclosure can protect investors' interests and investor protection affects quality of accounting information disclosure.Review on case in violation of rules and regulations of accounting through the capital market in recent years, listed the serious injury already to investor in false accounting information disclosure, had explained the importance to protect investor's rights and interests and necessity of the paper too.The paper further investigates our extant problem of accounting information disclosure system of listed company such as inadequate, lack of timeliness, usefulness poor decision-making etc., and researched on reasons for its formation deeply. As the specialized characteristics of accounting information, difficult to understand for the investor, so want to the protect investor's right of being in know, first of all, it should be aware of which exactly accounting information investors need, how should it be disclosed, whether or not the existing disclosure way and the contains can meet the needs of investors etc. So the paper has designed questionnaire and empirically analysed investors' information demand, and compared the investigation result with the current situation of relevant information disclosure, and conclude with the following results, the accounting information disclosure mechanism should be improved or strengthen information disclosure that the financial report has already disclosured but insufficiently such as historical information, financial information, important item, accounting data and business data summary, the main index, etc., and information that the financial report hasn't still disclosured or seldom such as the future information, non-financial information, segment information, human resources information,etc. Through analysis of questionnaire and conclusion drawn it points out the direction of studying accountinginformation disclosure problem better.Listed company should introduce new measure to protect investors and investors can acquired information from many channel. IRM is the best way of the communication between listed company and investors timely and effectively.Full and timely information disclosure, it is the foundation of listed company. If company can communicate with investors effectively in time, it can get shareholders' understand and support timely, its importance has even exceeded company's profitability. The listed company need carry on IBM in order to meet information demand and communication with investors .The main means of IRM is information disclosure, based on essential analysis to the relationship between IRM, voluntary disclosure and investor protection ,pointed out present main problem and causes of our IRM. Benefits from the ripe experience of international IRM and put forward the proposal for the development of our IRMiThrough IRM can carry on the omni-directional communication between listed company and the investors and establish mutual trust finally.The financial report is the mainly form of accounting information disclosure of listed companies, investors understand the value of listed companies primarily through the financial report. So the paper mainly carries on financial report's discussion and put forward the proposal. The accounting information disclosure way of listed company is closely related to the assessing quality view of the financial report and accounting goal. So the paper have carried on further investigation on improvement of the financial report from the mode, the content, way separately, and has put forward the corresponding improved suggestion of financial report separately based on previous, and offeres reference value to the development of future financial report.The paper research on the accounting regulation of listed company finally. Based on the factors of public goods characteristic of accounting information disclosure, market failure and cost constraint, the government must to supervise the accounting information disclosure of listed company appropriatly. Analyze limitation and reason of accounting regulation of our listed company, and point out present primary task of accounting regulation to solve false accounting information and credit of the accounting industry. Then elaborates on perfection of our accounting regulation system from two aspects, which includes supervision mode and regulation system innovation, implementing effective supervision measure.