Study On Behavior Of Demanders And Suppliers Of Information Disclosure And Countermeasures

The information disclosure of company is an important measure to establish responsibility in corporate management. With the continuous growth of enterprises and development of social economy, the relationship between people' s wealth and corporate development becomes closer. In order to protect the safety of our wealth and fulfill the preservation and increment of wealth, information disclosure has come to our attention. And the happening of a series of financial scandals such as Enron Inc. further make the information disclosure a focus in our eyes. Objective information disclosure plays a role in optimizing resources distribution in economy. On the contrary, distorted information disclosure would weaken its function in optimizing resources distribution and even mislead it. Since the information supplier and demander are the two key factors in information disclosure, therefore the analysis on the game behavior of them is very significant.Under this consideration, this paper chooses the supplier and demander in information disclosure as research objectives and explains the information disclosure in detail through the following five parts.The part one talks about the paper' s significance, literature summarization, hypothesis and the research methods this paper applies. The part two talks about company' s information disclosure methods, content and several important information disclosure reports in globe. Part three analyzes the information disclosure under different corporate system, defines the supplier and demander in information disclosure, distinguishes the beneficiary from loser in information disclosure, expounds that company' s information disclosure under different corporate system will present different features. The part four uses analysis method in game theory to analyze the behavior of supplier and demander in information disclosure and takes case study accordingly. The part five, based on the above analysis, bring forward some countermeasures to improve information disclosure such as improving information disclosure system through strengthening internal and external corporate management, ensuring the reliability of information disclosure through the governmental supervision, improving quality of disclosed information through auditing. In a word, all the above mentioned measures are for this purpose of protecting the interest of stakeholders such as creditors and owners and ensuring the healthy growth of company.