The Information Disclosure System Of China's Listed Companies In Agreement Acquisition

The acquisition of a listed company as a major securities trading activity in China has always involved the transfer of control of the company,the re-election of senior management personnel and fluctuations in stock prices.Since the implementation of the agreement acquisition in China,high-quality assets have been concentrated in listed companies,and the function of optimizing the allocation of resources in the securities market has been continuously optimized.However,due to the particularity of the agreement acquisition method,insider trading,market manipulation and other acts that endanger the securities market frequently occur,resulting in the intensification of market risks and the malformation of the development of the financial industry.The establishment of an efficient securities market needs to rely entirely on effective information disclosure system information.Therefore,how to carefully formulate and utilize the disclosed information in the acquisition process has become the top priority of national legislation.Therefore,this paper takes the listed company's agreement to acquire the information disclosure system as the research object,and starts from the analysis of the problems and influences of the information disclosure system.Based on the investigation and reference to foreign experience,it puts forward the improvement of the specific information of the listed company's agreement acquisition information disclosure system.The first chapter mainly introduces the theoretical basis of the listed company's agreement to acquire information disclosure system.The necessity of the existence of the system is demonstrated by protecting the interests of small and medium shareholders,improving internal corporate governance and stabilizing the securities market.The second chapter mainly explains the problems existing in the information disclosure system of the listed companies in China from the conflicts of information disclosure,the lack of information disclosure,and the lack of supply of relevant supporting rules,and the impact on the securities market.The third chapter mainly introduces the legislative situation of the agreement on the acquisition of information disclosure between the United Kingdom and the United States.Through comparative analysis with China,the paper hopes to give lessons to China's system.The fourth chapter puts forward specific suggestions for perfecting the information disclosure system of the listed companies in China.This paper believes that it should be based on China's special national conditions and market status,and proposes to improve the existing legislative system,make up for the omission of disclosure rules,and promote the construction of supporting rules.