Research On Information Disclosure Of Intangible Assets Of Listed Companies In China

October30,2009, more than ten years of preparations for the GEM finally officially established in Shenzhen Stock Exchange. The purpose of the establishment of GEM is to the development of small and medium sized high-tech enterprises to provide more convenient financing is an important complement to the motherboard market.Discussion on GEM disclosure of intangible assets is of great theoretical significance and practical value. In general, generate new theories will inevitably lead to a corresponding development of new things, in turn, generate new things will promote the progress of research theory. The establishment of the Growth Enterprise Market of China’s accounting standards to improve is such a catalyst. In addition, the quality of accounting information disclosure can effectively improve the capital market between listed companies and investors a situation of asymmetric information, the protection of the interests of investors, while urging the internal governance structure of listed companies standardize and promote emerging GEM healthy operation. In this paper, research ideas specification to describe the method, comparative analysis and normative methods guided by the research of Chinese companies listed on GEM disclosure of intangible assets and found the problems and make suggestions targeted.This paper is divided into five parts, each part of the study are as follows:The first part is an introduction. This article describes the background, research status Review GEM listed companies disclosure of intangible assets, to explore the logical framework of this paper, proposed research innovation of this research method and article.The second part is the theoretical analysis of information disclosure of intangible assets. Introduces the concept of intangible features and characteristics, and explains the importance of disclosure of intangible assets.The third part of the Growth Enterprise Market Overview disclosure of intangible assets. Describes the characteristics of GEM listed companies, and the use of information asymmetry theory, impression management theory and other theoretical explanation for the disclosure of intangible assets, intangible particularity leads disclosure by companies listed on GEM characteristics of the decision.The fourth part of the Growth Enterprise Market of intangible assets Disclosures of problems. GEM listed companies in China as the research object, first an overview of the status quo GEM disclosure of information, and disclosure of information by the relevant descriptive statistics, focusing on analysis of the intangible assets, related party transactions, the profit forecast information disclosure issue.The fifth part of the GEM disclosure of intangible problems and causes. Summary GEM listed companies to disclose major problems intangible assets exposed and its reason.