The Research Of Crimes And Punishments In Public Offering Of Funds In China

In China, the public offering of funds originated from not long ago, and had a rapid development, forming the supporting and significant industry in our country gradually. Then, the funds play an important role in allocating assets, building the system of financial markets and improving the market economic efficiency. In result, it is quite essential to maintain the steady and enhanced process of the fund industry,which does so many influences on the development of our financial industry and national economic system. But at the same time, the funds raise a lot of problems, which are related to the punishments of the individual crimes and companies' crimes. The public offering of funds are based on the special trust, so a great number of illegal behaviors and punishments would destroy investors' interests, as well as the environment for fund investing, leading the disorders and risks in the fund industry and the whole financial industry.This thesis, which uses the way of the descriptive statistics, analyzes various crimes and punishments of fund management companies and managers of them, dividing the problems into the individual crimes and the company internal control flaws. In addition, the paper analyzes all kinds of characteristics of the crimes and punishments, to summarize the reasons behind the crime behaviors and make suggestions or recommendations of the fund operations and regulations. The paper has been divided into four parts.The first part introduces the fundamental concepts of the public offering of funds, the theory of the fund governance and the background and meaning of the thesis. The second part reviews and summarizes the cases of all of the crimes and punishments in the public offering of funds industry, and brings the detriment of the crimes to right. The third part summarizes the characteristics of the crimes through fund managers and through the company internal control respectively, and makes conclusions of the essential reasons of various illegal behaviors. The fourth part is chapter six of the paper, which brings forward the improving measures for the industry of public offering of funds.The main innovations of the paper are as followed:1. Using the effective and creative topics about the of the crimes and punishments of the public offering of funds to research;2. Using the practical and creative descriptive statistics method to do the analysis of the crimes and punishments of the public offering of funds.