Research On The Problems Of Restructuring Information Disclosure Of The Listed Company In China

The information disclosure system is an important means of supervision in securities market,also the important guarantee for investors to obtain securities investment information.Improve the information disclosure system is closely linked with the interests of the securities investors,and also affects the stable operation of China's securities market.Listed company restructuring as a long-term focus of China's securities market,the disclosure information have an obvious effect on listed Corporation's stock price.In China,there is still a big problem in the system of information disclosure,and because restructuring has a special nature,the securities market exposed large amounts of illegal information disclosure problems about restructuring.It Caused serious economic losses to investors,and will damage their investment confidence in China's securities market.What's more,it will also affect the resource allocation function of the capital market and our country's social economy development.Therefore,it is necessary to research the problem of restructuring information disclosure and related system.This paper is an analysis and collation about the problems of restructuring information disclosure and related system.This paper includes four chapters.The first chapter analyzes basic problems of the listed Company restructuring information disclosure,has a progressive research and detail on listed company's restructuring,restructuring information disclosure of listed company,listed company restructuring information disclosure system.The second chapter is mainly to the analysis of the information disclosure system of the securities market abroad;It includes the legal framework,content and form,supervision mechanism,legal punishment mechanism of information disclosure of the U.S.stock market.It lays the foundation for the comparison with our country 's system.The third chapter analyzes the information disclosure of China's listed company restructuring problems and defects of the system;it mainly includes the following five aspects: A typical case of the listed company restructuring;The overall framework of legal problems on Information disclosure;The existing form problem of restructuring information disclosure;Problems in the system of internal management and external supervision measures;The violation of legal liability obligation of information disclosure system is not perfect.The fourth chapter puts forward relevant suggestions for China's listed company restructuring information disclosure,includes: improve the information disclosure in China's securities market legal system;establish and perfect the liability system;strengthen the listing Corporation external environment constraints.I hope to solve the problem of current China's restructuring information disclosure through these measures.