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Securities Market And Accounting Information Disclosure

Posted on:2003-07-24Degree:MasterType:Thesis
Country:ChinaCandidate:Y Y YiFull Text:PDF
GTID:2156360092975460Subject:Accounting
Abstract/Summary:PDF Full Text Request
Sepiffities market of China has made a great progress for ten years with the developing of reformation and opening. But we have to learn that there are many need-solved problems in the market. So how to develop and precept further our securities market is the most important task of financial system.Open principle is the base of securities market,furthermore,the disclosure of accounting information is the concrete expression of open principle. The paper is based in the background of our securities market and discusses the closely relation between securities market and accounting information disclosure. Then analyze the disclosure status and problems through a great deal of cases. Researching the problems,I find out there are four stakeholders involving government,company,intermediary and investor. They affect on information given from respective angle. Finally,I come with my suggestions that are erection of accounting information disclosure system,building of law and regulations,perfection of corporate governance and education to stakeholders .We conclude that it is the fundamental way to improve corporate governance. The most important three parts of this aspect are how to reduce the state-owed stock,erect independent director system and educate stakeholders.Because of the slower speed of economic increasing in the world,the USA securities market has Enron case too. So how to percept and standardize securities market is an arduous task.
Keywords/Search Tags:accounting, information disclosure, securities market
PDF Full Text Request
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