Research On Information Disclosure Of Merger And Acquisition Events From The Perspective Of Investor Protection

With the development of modern capital market,The issue of information transparency in the capital market represented by the securities market is attracting more and more attention.China’s capital market started late.It is developed along with the transition from planned economy to market economy mode.Therefore,the capital market of our country is still not sufficient compared with the capital market of the developed countries.While integrating the advantages of the market economy,it also has a strong planned economy.Formed our existing capital market mode.in recent years.The number of companies on the market is increasing rapidly.Disturbance of capital market order occurs frequently due to information disclosure problems.The mechanism of information disclosure reflected in this incident.Further arouse people’s deep thought.Under the existing mode of information disclosure mechanism.Companies in order to market transactions,Prior to listing,the company’s corporate governance structure should be arranged ahead of schedule through the actual controller.Preparing for post market information disclosure,Avoiding the supervision of the existing information disclosure mechanism,Disrupting the capital market order represented by the securities market,Damage the legitimate rights and interests of market participants,Harm the interests of investors,thus,This article selects the classic case to analyze this problem.This paper is divided into five chapters: Chapter 1 is an introduction,which mainly introduces the research background and significance,research contents and methods,structural arrangements,the inadequacies and possible innovations of this paper,in order to understand the content of the study as a whole;Chapter 2mainly introduces the relevant theories and literature review used in the latter part;Chapter 3 introduces me.China’s information disclosure related laws and regulations system,from the perspective of supervision on the existing informationdisclosure mechanism in China has a general understanding;Chapter IV is the core chapter of this article,mainly on the Baoneng system of equity acquisition Vanke revealed in the event of information disclosure issues are analyzed,from the perspective of actual controllers,analysis of the actual controllers The fifth chapter is the conclusion and policy recommendations.Based on the analysis above,this chapter draws the conclusion that the existing capital market information disclosure mechanism represented by the securities market cannot be effectively formed.The final conclusion of supervision is put forward and suggestions are put forward on this basis.This paper analyzes the subject of information disclosure responsibility from the perspective of actual controllers,expands the perspective of information disclosure events;this study will make up for the existing research on the actual controllers of information disclosure responsibility is not enough attention,thus arousing concern about the improvement of information disclosure mechanism,arousing scholars Finally,this paper will provide reference for perfecting the information disclosure mechanism and maintaining the order of the capital market from the practical point of view.