Study On The Problem Of Information Disclosure Of Listing Corporation In China

With the development of the capital market, the number of listed companies in China has increased rapidly, gradually increasing scale, continuously enhance the competitiveness and improve the overall quality of information disclosure of listed companies, and vigorously promote the development of the securities market as a whole. However, there are still a lot of problems about the information disclosure of listed Corporation in China, information disclosure system is imperfect, information disclosure illegal phenomenon emerges in an endless stream of. In this context, in-depth research and analysis of the current situation and existing problems of the information disclosure of listed companies in China, aiming at the problems found to propose coping strategies and recommendations for improvement, it has important theoretical and practical significance for the protection of the rights and interests of investors to ensure the healthy development of the securities market.In addition to the introduction and conclusion, this article is divided into the following four parts:The first section describes the content of the information disclosure system, this section first expounded the meaning of information disclosure, after analysis of the theoretical basis of the information disclosure system, followed by a review of the history of the information disclosure system, and finally pointed out that the role of the information disclosure system.The second section describes the status quo of China’s listed companies’ information disclosure legislation. This section first revealed the regulation of information disclosure of listed companies in China’s legal system; Second, it analyzes the content of the information disclosure of listed companies, including the two parts of the initial disclosure and continuous disclosure; Third, the analysis of the legal quality requirements for information disclosure of listed companies; Finally, the breach of disclosure requirements form of expression and the corresponding legal responsibility. The third part analyzes the problems of the information disclosure of listed companies in China, pointed out the existing problems of the information disclosure of listed companies in China from all levels and in different angles. First introduced the Listed Company Information Disclosure illegal form of expression, then pointed out that the main problems of the information disclosure of listed companies, including the Listed Company Information Disclosure legislation lags behind, listed companies internal governance structure is irrational and external regulatory environment flawed.Section IV presents the countermeasures and suggestions to improve the information disclosure of listed companies in China. For the analysis of the third part of the reason, in order to more effectively regulate information disclosure of listed companies, this part proposes the response and suggestions for improvement:First, improved the content of information disclosure, mainly improved disclosure of the relationship between the enterprise and social responsibility information disclosure; Second, improved the internal regulation of listed companies, structured the sound of the interests of minority shareholder’s demands mechanism and improved the governance structure of listed companies; Third, strengthen the construction of the external environment, on the one hand, to strengthen the supervision of intermediaries, to ensure intermediaries operating dutifully; on the other hand, improved the regulatory system, improved the regulatory effect; Other, established the credit system to improve the awareness and the level of integrity of the market participants; Fourth, improve the information disclosure of the cost of illegal, improve the information disclosure of the cost of illegal, and constantly improve the civil recovery mechanism, improve the efficiency of the administrative penalty, increase efforts to crack down on crime.