| It is argued that some historical causes brought by conflicts of old system VS. new system during the period of economic transformation make the stocks prices falling or rising fiercely and appearance of false stocks in Chinese stock market. However, it is undoubted that the qualitative problems of the listed companies which is the supporter of the market is the focus of the complicated conflicts and difficulties in Chinese stock market.The qualities of the listed companies would effect directly on the development of the stock market.Because standard listed companies are the foundation of the development of the stock market.That is to say, the standard of action of the listed companies, the foundation of the stock market, is the foundation of the standard development of stock market.Compared with the listed companies of the developed stock markets, our Chinese ones should be worried.Their structures of internal governance are imperfect.The structure of stock right is abnormal.Trick Information and prevalent relation transaction both exist.According to some theories and experience in this field nowadays, the author deeply analyses that four aspects and points out the problems and simple measures of standardization.It includes the following four chapters:The first chapter is the structure of stock right of Chinese listed companies.We can say that almost problems of Chinese listed companies have something to do with this issue.So the author shows it to us as a focus which occupies about half article.First,the author analyses its characteristics: high proportion and enormous range of government's share and non-circulation in second-class market. Based on it , the author points out the disadvantages of structure of stock right of Chinese listed companies.Then the author analyses how to deal with the leading position of government share.We must grasp it and realize four changes in people's opinion.Finally, the author argues how to reduce the high proportion of government's share.This is a complex hot spot nowadays.lt can't be solved totally in some kind of way , but many ways together.The second chapter is the structure of internal governance of Chinese listedcompanies.First, the author points out that the structure of internal governance is imperfect, the ownership and operating right isn't seperated totally, the internal stimulating and restraining system of manage isn't founded entirely and the board of independent directors isn't realized.Then, by the analysis to these questions, the author shows us four measures of standardization.The third chapter is relation transaction of Chinese listed companies.First, the author points out that there are some problems in Chinese listed companies, such as through relation transaction, they dominate profit and eliminate deficit and the big stockholders make money and ruin listed companies by relation transaction.Then the author analyses the two sides of relation transaction.One is the positive effect, the other is the negative one which can produce market domination, disturb the order of stock market, through debt guarantee cause the deficit of listed companies, damage the middle and little investors' right .Finally, the author give some advice how to standardize the relation transaction of Chinese listed companies.The fourth chapter is the information announcement system of Chinese listed companies.first, the author expounds the legal stipulation, principle, way and procedure of listed companies' information system.Then the author points out that the non-standard system which includes the companies are packed extravagantly and substitute substandard products for qualified products .After being listed companies, they abuse raised fond at their ease and speculate in stocks .Illegally which cause bad management, even false prediction and promise and rife phenomena of profit.finally, the author shows us how to standardize the information announcement system of Chinese listed companies.It is the foundation to standardize stoc...
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