Research On Violation Of Information Disclosure Of Listed Companies

Information disclosure system is the fundamental guarantee to help securities marketrealize just, fair and open. In recent years, with the development of securities market,information disclosure system of listed companies is continuously improved and standardized.On the other hand, the scandal that information disclosure of listed companies got out of linebreaks out at home and abroad. It not only hits investors; confidence and worsens listedcompanies’ image of uncompromising integrity, but causes great resistance to the healthydevelopment of securities market.Theory circle and practice circle make the comprehensive and in-depth research on how togovern violation of information disclosure of listed companies and maintain the normal order ofthe securities market. With the development of practice, related research achievements areconstantly perfected and richened.This paper is divided into five chapters. Chapter One is the introduction, expounds thebackground and significance of the subject, related literature review, paper writing thoughts,paper frame and innovation. Chapter Two is the theoretical analysis, including the overview ofinformation disclosure system, the importance of information disclosure system and normativesystem of information disclosure. Chapter Three is to make the analysis of violation cases ofinformation disclosure of listed companies, expounds the concrete manifestation of all kinds ofviolations, such as untimely information disclosure, unreal information disclosure, insufficientinformation disclosure and irregular information disclosure. Chapter Four combines theabove-mentioned violation cases of information disclosure to analyze causes and harm ofviolation of information disclosure. Chapter Five even puts forward countermeasures on how toimprove the system of information disclosure of listed companies and prevent violation ofinformation disclosure.