Information Revelation In Securities Market & Market Faith Instruction

Good faith is combination of honesty and credit and is regarded as binding business ethics and conduct code. It takes fides (Bona fides) as essence and defies fraud. Good faith originates from and embodies various social relationships. Along with the generation and development of business trade, the system of contract becomes the highest form of faith's generation and development in modern sense.Information revelation results directly from effect of market's inherent faith mechanism. Information revelation supplements each other with market faith belief. By force of a consummate information revelation system, we can create a fair investment platform for each investor to the utmost extent. Along with the legalization process's deepening in steps, laws and statutes pertaining to information revelation system are more feasible. However, regulation only by laws is insufficient. The foundation stone in the shape of an up-to-down faith concept and a culture atmosphere is also needed, which is exactly lacking in nowadays market. Lacking of good faith exists in securities issuers, intermediary organs and securities market environments. Establishing a healthy and consummate blue-sky law and giving back a clean and fair investment dealing space to investors need to be bolstered by strengthening good-faith and ethics level and regulating cultural construction. Simultaneously continuous improvement of revelation system may also promote market's faith and ethics level to be advanced further. This thesis performs argument in five parts.