The Problems And Countermeasures Of The Information Disclosure And Supervision Of China Listed Companies

The main purpose of China securities market is to consummate China capital market, finance for enterprises, especially national enterprises. The scale of China securities market is increasing and financing ability is strengthening. Many occurrences, like untruth information disclosure, still repeated occur .It destroys normal order and hurts investors' heart. From a information economics point of view, the papers attempt to analyze China listed company information disclosure. At the same time ,the papers introduce the information disclosure regulation aboard. Through comparison, we can find out the status and problems of information disclosure and disclosure regulation.Learning from the experience of foreign developed markets is to improve the sound of an important link in China's securities market. The information disclosure system between China and other developed countries have been done a lot of comparison, and summarized the summary. In the more complete description of the information disclosure rules of the international integration process, Author of China's current system of information disclosure in line with international standards development and the issues are more pertinent recommendations.In this paper, it reveals information disclosure of listed companies in China the question of monitoring, analysis of the existence of the underlying reasons and puts forward measures to deal with these problems.This article is structured as follows:Introduction part of the first chapter, through our information disclosure of listed companies in the context of conditions, it puts forward the problem, points out the need to achieve the purpose of this article, as well as the methods used.Chapter II is a part of literature review, which is the theoretical basis for the analysis below, to solve the problem as well as provide the policy a substantial theoretical basis. An overview of this part of many scholars on information disclosure of listed companies in China come to our information .there are still a lot of problems, from a theoretical point of view of the stock market, less than the number of information disclosure and the inevitability of poor quality, and reveal the existence of the information disclosure system based on the economics. Then, from the ownership of the stock market and listed companies to reveal the characteristics of their information disclosure system in our country there is based on the reality. So as to arrive at China's securities market is still led by the government, the voluntary disclosure of listed companies under-motivated, investors of listed companies and low confidence in the conclusions.Chapter III is part of information disclosure of listed companies to talk about the principle, under the premise of these principles can be related to regulation of information disclosure of listed companies of a point of order, but also out of its significance. Chapter of China's listed companies regulated information specific to the form and content.Chapter IV for the core of this article, first of China's listed companies to disclose information on the status of and supervision, and to propose the existence of the problem, at the same time produce an analysis of the cause of the problem.Chapter V is the recommendations section of this article, by drawing on the experience of foreign developed markets, is to improve the sound of an important link in China's securities market. The article next to China and the United States and other developed countries, the information disclosure system have done a lot of comparison, and summarized and the summary. In the more complete description of the information disclosure rules after the process of international integration, the author of China's current system of information disclosure in line with international standards development and the issues are more pertinent recommendations. An objective to propose a solution, this chapter is great guiding significance.