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Case Study Of Credibility Deficiency Of Listed Companies

Posted on:2003-02-27Degree:MasterType:Thesis
Country:ChinaCandidate:L B MaFull Text:PDF
GTID:2156360092471313Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Recently, more and more attention has been paid to the credibility deficiency of listed companies for the reason that it will not only do damage to investor but also endanger the health development of stock market directly. This thesis is devoted to the study of the credibility deficiency of listed companies by analysis of five typical cases. The discussion can be summarized as follows:The general information of Chinese listed companies, the problem of the credibility deficiency, the appearance of the credibility deficiency of Chinese listed companies, the significance and the research method of this thesis are incorporated in Chapter 1, whose title is review and research significance of the credibility deficiency of listed companies.The analysis of five typical cases, which are Miketer's cheating in listing, the artificial accounting by Yinguangxia, the deceitful reorganization and inside story of Yian Technology, the chaos of creditor's rights and liabilities of Jiuzhou stock company and the misappropriation of stock company's benefits by Meiera stockholder, are listed from Chapter 2 to Chapter 6 respectively. The operation report, pronunciamentos and the medium and research institutions' comments on those companies are referred in this research, and the introduction of those companies, the facts of the credibility deficiency and the comments of those facts are also included in this analysis.Chapter 7 analyses the reasons of the credibility deficiency of Chinese listed companies and the main reasons are the forces of benefits, the impact of market mechanism, the flaw in management and the circumstance of listed companies' behavior and the lack of forceful punishment.Chapter 8 provides several suggestions on how to resolve the credibility deficiency of listed companies, such as improvement of market mechanism, improvement of companies' management, improvement of related laws, formation of multi-inspection social system and laws' restrict execution, and so on.
Keywords/Search Tags:Stock Market, Listed Company, Credibility
PDF Full Text Request
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