Study On Accounting Information Disclosure Of Listed Companies In Mongolia

Real, comprehensive, prompt, adequate on the information disclosure is the bridge between the listed companies and which various benefits counterparts, regarding to the standard of listed companies’ accountant behavior, protects the investor rights and interests to have the vital significance. The Mongolian stock market is established in the beginning of 90’s last century, passes through more than 20 years development to begin to get in current form, the Mongolia has rich mineral resource also attracted the multitudinous overseas investor’s vision, the issue of listed company’s information disclosure has become the topic which everyone’s attention day by day.On the other side, The Mongolian stock market have started very late, lacks of standards, the effective information disclosure system, causes the delay of extension disclosure and the false disclosure event to emerge one after another incessantly. On the other hand, The Mongolian economy entered the fast development phase in recent years, the capital market system construction must follow the steps of the big economic development urgently. Studies of the Mongolian stock market’s information disclosure is helpful for the protecting the rights of small and medium sized of investors as well as the overseas investor’s benefit, is helpful facing the standardized path development in the Mongolian stock market, also to the sustainable development of Mongolian economy. This article synthesis summarizes, methods on contrast of analysis using the data, discovered the Mongolian capital market construction and the economical development existence comes apart beyond the border, the participants of the stock market 90% above all come from foreign capital. The main purpose of Mongolian stock market establishment is attracting the foreign investments to the country, but at present, According the laws and regulations are insufficiently and also not perfect enough, the investor structure is insufficiently, unreasonable causes to lacks of the power and the restraint deficiently of listed companies’ information disclosure, the many of disclosures are not prompt, unreliable and not fully disclosure.The suggestion starts from the four aspects the framework of legal, the supervising and managing system, the company governs rationally with the investor in order to accomplish standard of Mongolian listed company’s information disclosure. Through the improved accounting legal framework, cause the Mongolian listed company’s accounting information disclosure and correlation event processing legal support, And Also strengthens the accounting information disclosure supervising and managing dynamics, the standard and the restriction contrary accounting information disclosure event occurrence, as well as the enhancement of the listed company’s quality, enables Mongolian listed companies to have ability to provide high performance of accounting information. At the end strengthens investor’s investment consciousness, increases the accounting information demand and enables Mongolian listed company to have the power to disclose the higher quality of accounting information.