Research On Legal Issues Of Voluntary Disclosure Of Information In China’s Listing Corporation

Protecting the interests of medium and small investors are the purpose and main objectives of the practice of the legal norms of capital market in many countries. The characteristics of China’s capital market started late, the development process is short and not mature increase for small investors to protect the difficulty. China is facing the special initial conditions and the basic situation in the practice of protecting the interests of investors. Throughout the world, other capital markets mature countries when it comes to the protection of the interests of small and medium investors, although the measures are not same, there are some similar solutions to regulate the voluntary disclosure of information. This paper draw lessons from the relatively mature countries’ experiences in the capital market, from the voluntary disclosure information as the breakthrough point, standing in the position which involves protecting the interests of small and medium investors, show the comparison of different countries and regions for the legal regulations of voluntary information disclosure, and try to find the general character. Study on voluntary disclosure information and the interests of small investors, from which to find out how the specification of voluntary information disclosure to protect the interests of small and medium investors, combined with the authority of the investigation data in recent years, summary in recent years to protect the interests of small investors, in order to find the interests of small investors, and according to its appeal formulate reasonable suggestions.