The Ethical Problems And Countermeasures Of China's Stock Exchange Market

The securities trading market is not only in the economic field,but also in close contact with ethics.Economic ethics is rooted in the practice of contemporary economic life.It is people's attention to economic phenomena and problems based on the rationality of cultural values.It is also a projection of people's ethical values in the economic field.The ethical issue of the securities trading market is one of the economic ethics issues that China urgently needs to solve.First of all,the connotation of the concept of the securities trading market is defined.Based on the Chinese tradition and the Western trade ethics,the key ethical issues existing in the current securities trading market in China are analyzed and summarized from the violation cases.At present,the ethical issues in China's securities trading market are mainly manifested in the problems of unfairness in insider trading,the lack of fairness in position fraud,the principle of sabotage openness in information disclosure,the issue of integrity in information disclosure,and the lack of subject liability etc.The ethics of securities trading is the people's basic value pursuit and code of conduct in securities trading.These ethical issues have undermined the fair order that should be in the securities trading market,infringed the vital interests of the investors,and seriously affected healthy development of the securities trading market,it is indispensable for the law to stipulate the law of illegal securities trading.However,the punishment of the law is after the occurrence of the violation.How to use ethics to restrain the occurrence of the incident before the occurrence of the violation,increase the level of moral self-discipline of the transaction subject,and internalize the law into moral belief and morality,and externalize it as self-consciousness compliance behavior,can further reduce the probability of the occurrence of illegal securities transactions.Therefore,it is particularly important to actively study the ethical issues of securities trading.There are many reasons for the above ethical issues.Specifically,the imperfect information disclosure system provides the possibility for the occurrence of ethical issues in China's securities transactions;the nature of capital's profitability makes certain actors to pursue the interests of unscrupulous means;market supervision cannot effectively make the securities trading market of our country unreliable to the proper punishment;The lack of moral awareness and conscious awareness of law-abidingness are also important reasons for the ethical problems in China's securities trading.Finally,it is necessary to explore few countermeasures or recommendations from the perspective of ethics to fundamentally solve the ethical issues of the securities trading market,prevent the occurrence of various violations,and realize the integrity and fairness of China's securities trading market.First,it adheres to the ethical principles of the securities trading market and enables the main body of the transaction to "have the virtue to follow".It includes such basic ethical principles as the principle of "three publics",the principle of good faith,and the principle of balance between justice and benefit.Second,enhancing the moral personality and legal awareness of the subject of securities trading,and transforming morality into the needs of the transaction subject itself.Specifically,it includes the ethical culture of the construction of securities trading;enhances the moral cultivation of securities trading entities;and enhances the awareness of self-consciousness of the subjects of securities trading.Third,further improving the ethical system of the securities trading market,including the ethical norm system and the ethical supervision system,and form a multi-faceted supervision model consisting of government supervision,self-discipline supervision,intermediary agency supervision,and public opinion supervision,making individual securities trading behaviors even subjectively violate ethical behavior while not have the objected conditions.