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The Forecasting Information Disclosure Of Listed Companies

Posted on:2010-12-21Degree:MasterType:Thesis
Country:ChinaCandidate:J YangFull Text:PDF
GTID:2166360275460650Subject:Law
Abstract/Summary:PDF Full Text Request
The theory of securities investment suggests that the market price of the securities depends primarily on the future performance of the securities publisher, investors often use the forecasting information of the prospects of the publisher as the main foundation for investment decisions. The future performance and the forecasting of the prospects of the securities publisher belong to the scope of the forecasting information. Because of the forecasting information are the foundations of the investment decisions for investors, so the forecasting information can regulate the flow of capital and implement the optimization of the resources in securities market. Therefore the disclosure of the forecasting information is not only in favor of the rational investment decisions of investors to prevent the risk of the securities market, but also in favor of implementing the optimization of the resources and improving efficiency of the securities market to realize effective supervision. Now that the system has so many advantages, we should use the forecasting information disclosure system in securities market in China. But through the research, we found that the forecasting information disclosure system in China lack systemic. It cause goodwill publishers have nothing law about forecasting information disclosure as the basis of he disclosure of the forecasting information. Malicious publishers use the vulnerability of the forecasting information disclosure system to publish false forecasting information and damage the benefits of the investors. So improving the forecasting information disclosure system in China has enormous significance and value. Forecasting information disclosure system of listed companies is a new subject of the systemized construction of our securities market. This article studied the current situation and defect of forecasting information disclosure system of listed companies in China and the foreign forecasting information disclosure system. Through the above-mentioned study, this article tries to propose some suggestions about improving the forecasting information disclosure system of listed companies in China.The article is composed of four chapters:The first chapter introduced basic concepts of forecasting information disclosure system. First of all, the author introduced the concept of forecasting information and the scope of forecasting information. Secondly, the author studied the theory basis of forecasting information disclosure system. Finally, the author uncovered the meaning of the forecasting information disclosure system. The second chapter analyzed the current situation and the defect of forecasting information disclosure system of listed companies in China. The first section analyzed the current legislative status of forecasting information disclosure system in China. Section II analyzed systematically the current problem of forecasting information disclosure system in China, such as the lack of the systematic standards, civil liability and disclaimer system.The third chapter mainly studied the foreign forecasting information disclosure system. This chapter mainly introduced the "safe harbor" rule and "advance warning" principle of the United States, briefly introduced the forecasting information disclosure system of the United Kingdom, Canada, China, Hong Kong and China Taiwan and other countries and regions.The fourth chapter in connection with the problem of Chinese forecasting information disclosure system proposed some suggestions about the establishment and improvement of the forecasting information disclosure system of listed companies in China.
Keywords/Search Tags:forecasting information disclosure, shortcomings of the system, the "safe harbor" rule, "advance warning" principle, civil compensation
PDF Full Text Request
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