Listed Companies Securities Act Regulation

Listed companies are at the core position in the stock market and even in the entire national economy in modern society. The standard operations of listed companies have the extremely vital significance to fully protect investor's benefit, maximize the social efficiency of listed companies and promote the development of the entire national economy. Listed companies, though, do not always run regularly under the anticipation of the society and display functions. As an independent corporation entity, listed companies have their own meaning abilities and benefit requests; as a rational economic role, listed companies always try to pursue the maximization of their own benefits in the market. In order to figure for their own biggest benefits, listed companies often encroach the legitimate benefits of other economic principal parts wantonly by making use of the disadvantages of the social system. Therefore how to strengthen the supervision of listed companies and limit the illegal dealings of the listed companies has become an inevitable social problem. At present, most countries in the world have established their own system of the supervision of listed companies by legislation, and so does our country. The system of the supervision of listed companies is mainly founded on the basis of the securities legislation. This article carries out a beneficial discussion on the system of the supervision of listed companies which was established on the basis of the securities law.This article anatomizes the system of the supervision of listed companies profoundly and carefully by fully making use of related theory and methodology of the legal and the economic science.First, from the discussion of listed companies, the supervision and the system of supervision, this article systematically introduces the elementary theory of the supervision of listed company in securities law, and points out that the basic connotation and the extension of the supervision of listed company in securities law, to provide the basic theory support for launching the elaboration for the article. Next, this article introduces the theory elements of the legal and the economic science...