Accounting Information Disclosure Research On GEM Companies Of China

October30th,2009, GEM of china was finally established in the Shenzhen Stock Exchange after preparation for more than ten years. The purpose of setting up the GEM for small and medium size companies with high-tech is to provide financing channels for those enterprises, which is an important supplement to the main board.Discussion of accounting information disclosure on China’s GEM is of great theoretical significance and practical value. The GEM in our country will contribute to a lot of new accounting standards to solve the accounting and financial information disclosure problems on GEM which needs to be solved urgently. What’s more, the perfect accounting information disclosure can effectively improve the situation of asymmetric information on the capital market between the listed companies and investors, urge the listed companies to regulate internal governance structure, and promote health operation on GEM.This paper adopts rules method, and comprehensively uses related discipline knowledge such as economics, management, accounting and statistics. This paper also uses descriptive methods and comparative analysis method and normative method as a guide, and finds the problems involved in Chinese GEM companies by accounting information disclosure research, which will lead to some countermeasures. This paper is divided into six parts; each part of the research content is as follows:The first part is the introduction. This part expounds the background of the subject, reviews the current research on accounting information disclosure of GEM companies at home and abroad, discusses the logical framework, puts forward the research methods and innovation points as well as the shortcomings.The second part is an overview of accounting information disclosure on the GEM in China. This part introduces the characteristics of the GEM companies, and use asymmetric information theory and theory of impression management to explain accounting information disclosure. Then explain the particularity of accounting information disclosure decided by the features of companies on GEM.The third part is the foreign and Hong Kong GEM companies information disclosure system inspection. With information disclosure system research on the foreign and Hong Kong GEM, we enlighten from the successful GEM information disclosure system.The fourth part is the status of GEM accounting information disclosure for our country. With GEM companies in China as the research object. Firstly we summarizes the status of the GEM market information disclosure, and then we analyze GEM companies accounting information disclosure data descriptively.The fifth part is the existence problems and the reasons of accounting information disclosure on GEM. Find the main problems of the public company accounting information disclosure and point the reasons.The sixth part is about the suggestions to perfect our GEM accounting information disclosure. We put forward the corresponding countermeasures aimed at the problems, and try to protect small investors’interests, and make contribution to ensure GEM’s health running.