A Study On The Delisting Legislation For Listed Companies In China

To establish a standard security market, it is essential to establish completed processes with both listing and delisting system for those listed companies. It is realized that the security market would be effective whereby superior companies will prosper and inferior ones be eliminated.The delisting system of Listed companies mainly includes delisting reasons, delisting standards, delisting procedures, information disclosure, the value of delisting system and so on . This essay concludes the change and research results of slisted company by defining concept of legal system, revealing value and significance, comparatively analyzing examples of listing and delisting systems in western countries. Finally, through researching potential problems in the delisting system , the essay bring forwards that building a integrated system should from the following points, such as perfecting legal system and market supervision , and establishment of a multi-board legal system. The article analyses the amelioration of Chinese system of delisting by using the ways of economic analysis, comparative analysis and complicated induction form the angle of law is order to amplify the regulation of system of delisting.