Research On Accounting Information Disclosure Of The NEEQ(National Equities Exchange And Quotations)Market Listed Enterprises

The NEEQ market is an important part of Chinese multi-level capital market.With the With the release of relevant documents of the State Council,the number of the NEEQ market listed companies appeared blow growth,which is a historic milestone of Chinese multi-level capital market system building.The NEEQ market has played a positive role in Chinese small and medium enterprises on the financing issue,and stimulated the innovation and entrepreneurship of SMEs.However,due to the small size and uneven quality of the NEEQ market listed companies,although the National Small and Medium Enterprise Share Transfer System has issued the relevant documents on the disclosing guidance and norms,the problems of accounting information disclosure are still surfaced.Therefore,it is of great practical significance to study the accounting information disclosure of the NEEQ market listed companies.In June 27,2016,the National Small and Medium Enterprise Share Transfer System began to manage listed companies with divided into two levels.The 2016 has become a year that the NEEQ market has the most stringent regulation,the annual report inquiry letter,which the National Small and Medium Enterprise Share Transfer System issued to listed companies,exposing the problem on accounting information disclosure of the NEEQ market.According to the current situation of listed companies in the NEEQ market,this paper analyzes 35 listed companies receiving the annual report inquiry letter,and adopts the quantitative and qualitative analysis research methods,analyzes the problems on accounting information disclosure of the NEEQ market.Then put forward issues and suggestions to improve accounting information disclosure of the NEEQ market listed companies.The main contents of this paper are as follows:The first chapter is introduction,introduces the background and significance of the topic,summarizes the domestic and foreign scholars' related research about accounting information disclosure on the NEEQ market or OTC market,describes the research methods and the framework of this paper,and points out that the innovative characteristics and limitations of this study.The second chapter is the theoretical basis of accounting information disclosure of the NEEQ market,briefly introduces the basic theory of accounting information disclosure,and introduces the development process and benefits of the NEEQ market.The chapter expounds the meaning and requirements of the NEEQ market accounting information disclosure system and compares the information disclosure of multi-level capital market in China.It shows the characteristics of the NEEQ market accounting information disclosure,which are different from the other plates in the capital market.The third chapter elaborates the NEEQ market present situation and the accounting information disclosure existence question,briefly describes the NEEQ market listing enterprise number,and listed enterprise industry,regional distribution.This chapter also introduces the background and the general situation of the NEEQ market hierarchical management,and sums up the problems of accounting information disclosure in the NEEQ market.The fourth chapter is the concrete case analysis of the accounting information disclosure of the NEEQ market listed companies,taking the 35 listed companies receiving the letter of the annual report inquiry letter as the case,analyzing the problems in detail and summarizing the reason of the accounting information disclosure in the case.The fifth chapter is the suggestion and countermeasure to the improvement of the accounting information disclosure of the NEEQ market listed companies.The sixth chapter is the conclusion,summarizes the whole thesis research.