China's Listed Companies Publish Their Information

The information disclosure system of the listed company is one of the most important systems to control and manage the listed company. Fully, timely, and effectively disclosure can prevent the fraud and the unfair phenomenon in the securities market, and promote the confidence of the investors.Thus, disclosure system is the emphasis of the government supervisor, and as a important legal system, it can also ensure the security of the securities transaction, protect the equity of the investors and the orders in the securities market. Furthermore, whether the information disclosure is perfect is the primary symbol of the mature securities market. There have been only about 20 years since our stock market was founded. According to the research in theory, it is still in the stage of the weak-effect. Now the problem of information disclosure has aroused general concern and thought of the vast investors and the securities supervisor government. In order to develop our stock market and strengthen its' effectiveness, to solve the problem of the information disclosure of listed companies has already become an urgent affairs.This thesis mainly used the theory in accounting and economics filed. Based on the theoretically research of the information disclosure of listed companies, it analysis the framework and content of the information disclosure system. Besides, combined with the actuality of information disclosure of Chinese listed companies, the thesis find out the scarcities and submit the countermeasure from the standardization perspective. It's expected to improve the quality of the accounting information disclosed by the Chinese listed companies, and promote the healthy and orderly development of the Chinese securities market. This thesis includes four parts.Part one: The need of disclosure of the listed companies' information. At first, the economics nature of information disclosure of listed companies is introduced generally .Then the realistic significance is introduced. This part mainly describedthe issue of "why to disclose".Part two: The research of the system of the information disclosure of listed companies. This part start with the legal principle of the information disclosure ,mainly introduce the most content of information disclosure of listed companies .It focus on the issue of "what to disclose".Part there: The situation of information disclosure of listed companies and its' existent problems. This part give many examples to disclose the living problems in the information disclosure of Chinese listed companies, and analyze the deep reason of them.Part four: The measures of upgrading the information disclosure of listed companies. Based on the analysis of part three, This part submit the measures and the suggestions to solve the problem .The practicable methods are as follows: improve the corporate governance by means of improving firms' internal supervision system, in order to overcome the market failure, strengthen the governmental supervision constitute the law system to punish criminality more efficiently and so on.