Research On Regulation Of Accounting Information Disclosure Of Listed Company In Our Country

Information cost is the core of market exchange cost. To reduce information cost isessential to reduce security exchange market cost and improve market resource allocationefficiency. Most of the security markets regard information disclosure system as their core ofsecurity regulation system around the world. Because information in security market mainlyconsists of accounting information. Accounting information disclosure system becomes the coreof information disclosure system. Now China is in the term of transitional economics. Intenselysurrounding transformation always challenges Chinese accounting information disclosureregulation system. False accounting information and accounting information manipulationappears continuously do harm Chinese security resource allocation function. The paper firstlysummarizes some basic economics theories that sustain accounting information disclosure andregulation, and establishing theoretical fundamental for the study and analysis afterward. Thesecond chapter is the international comparison of the accounting information disclosureregulation system. In this chapter, I introduce the characters of the regulation system indifferent countries, taking America, British and Japan for example, pointing out the trend of theregulation of accounting information: regulation model with the objective to protect theinterests of investors, conducted by government, composed of professionals, participated by allclasses of society. The paper put great emphasis on the situation and problems of the operatingsystem of accounting information disclosure regulation in listed companies, discuss the designof the evaluation index system of accounting information disclosure regulation in listedcompanies. Finally, according to problems of the operating system of accounting informationdisclosure regulation, the paper provide the advices on the positioning of the regulationobjective, the design of regulation rules and the distribution of the rights and responsibilities ofthe supervisor.