The Research On The Information Disclosure System Of China's Listing Corporation

The listing Corporation information disclosure system is the foundation of the establishment and operation of the securities market. Securities as a virtual securitiesinvestment, realize the benign development depends on the value of the distribution firm. Different from the traditional transaction, securities information acquisition and transaction time interval of larger transactions in time and space is more complex, making the prices of securities and securities information asymmetry and lag. Securities market information disclosure can effectively compensate for lack of securities information transmission, and ensure the securities information true, accurate, complete, timely and in a public way passed on to investors.Information disclosure system is bears the information disclosure obligations in the securities issuance and circulation, according to the public information system, the disclosed content in the content, time have strict requirements, prompting information can be timely, objective and publicly communicated to investors, guide the investment behavior of the investors. This article through the listing Corporation information disclosure system overview, understand the listing Corporation information disclosure system of medium and the existence value, clear our listing Corporation information disclosure system present situation, and analyzes the existing problems are discussed;establish and perfect the system of the United States and Japan listing Corporationinformation disclosure, information disclosure system and the whole understanding ofthe foreign mature listing Corporation information disclosure system, we can use theexperiences of clear; finally, focuses on the listing Corporation information disclosure system of China's existing problems and countermeasures, at this stage, China's listing Corporation information disclosure system there are still many problems in the aspect of government supervision, the listing Corporation's own level, the securities industryassociation level, in order to improve the information disclosure of listing Corporationthe need to proceed from the system, improve the listing Corporation information disclosure legal system, supervision system, self supervision system, the listing Corporation information disclosure system in protecting the legitimate rights and interests of investors, improve the internal governance structure of listing Corporation,to strengthen the management of the listing Corporation has played a positive role, and ultimately ensure the steady and rapid development of securities market Exhibition.