Researching On Information Asymmetry Of Accounting Information Disclosure—Based On Perspective Of Small And Medium Investors

Outside investors need get corporate earnings and other aspects of accounting information for making investment decisions, but there are the phenomenon of accounting information asymmetry between accounting information providers and investors, this asymmetry gives investors a negative impact, and it is not conducive to the development of accounting information providers in the long run. Asymmetric information can make information available by virtue of its possession advantage in the information, and to obtain unfair advantage at the expense of investors'legal rights. In recent years, the most prominent manifestations of the phenomenon of asymmetric information are the financial scandal, namely information providers use the information asymmetry in the unlawful purpose. As part of investors, small and medium investors are in the weak position for long time, and in order to safeguard the interests of small and medium investors, this article attempts to resolve the problem of accounting information asymmetry between information providers and small and medium investors.In light of this, this article bases on numerous research results, surrounds the accounting information disclosure and accounting information asymmetry and other related issues, bases on strict logical relations and normative research methods, and researches on the question of accounting information asymmetry in our country's accounting information disclosure. This article is divided into five parts: the first part is an introduction, to illustrate the starting point of topics, significance and research methods, and relevant literature is briefly reviewed; the second part describes the relative theories of accounting information disclosure and asymmetric respectively; the third part analyzes the Current Situation of accounting information asymmetry and their impact on small and medium investors ; the fourth part analyzes the cause of information asymmetry; the last part proposes a solution to resolve information asymmetry.