Analysis On The Listed Company Information Disclosure Of Hedging Between China And The United States

In order to avoid risks, companies use derivatives to hedge the growing demand. Listed companies in the business activities of the inevitable existence of interest rate risk, price risk, foreign exchange risk, more companies choose to use hedging to control risks.Therefore, The idea of this research is based on the domestic and foreign literature, detailed analysis of the hedging business information disclosure situation of China's listing corporation, and select the American listing Corporation company BARRICK and A shares of listing Corporation western mining comparative study, from the specific criteria report disclosure to find out the differences and deficiency of Chinese. Finally, from the point of view of accounting information disclosure transparency standard angle, put forward some suggestions to improve the information value listing Corporation hedging disclosure of our country and the measures.This paper is divided into six parts. The first part is the introduction, briefly analyzes the basic literature background and research papers, and points out the target and framework of research on the research method and the related literature, and finally introduces the innovation point of this article.The second part is the basic theory of hedging part, expounded the theory connotation, hedging, asymmetric information theory, information economics theory, he decision-making useful concept, the transparency of accounting information, which give the theoretical basic for the comparison and evaluation. The third part of the article from disclosure standards and China's current listing Corporation hedging the overall situation analysis. The fourth part describes the western mining and BARRICK companies and the competitiveness of the industry, for the following comparative analysis to lay the foundation. The fifth part, on the disclosure of the two companies are analyzed, and find out the shortage of Chinese listing Corporation exists. The sixth part put forward the improvement suggestions from the angle to improve the transparency of accounting information.