A Study On The Violation Of Information Disclosure On The Major Asset Restructuring Of Beautiful Ecology Company

With the rapid development of the capital market in recent years,the publicly disclosed information of listed companies has become an important basis for investor decision-making.Major asset reorganization is a kind of asset transaction behavior outside the daily business activities of listed companies,which often occurs in the capital market.Major asset reorganization transactions are often more complicated,involving more documents to be disclosed,which can easily create opportunities for listed companies to disclose illegally.Therefore,the information disclosed by major asset reorganizations has become the focus of attention of securities regulators.However,during major asset restructuring transactions,violations of information disclosure still occur frequently.Listed companies use violations to disclose the contents of major asset reorganizations,cover up the actual operating conditions of listed companies,and mislead investors' decisions,which not only harms the vital interests of investors,but also disrupts the orderly development of the entire securities market.Development will bring adverse effects.Faced with the complicated and complicated content of major asset reorganization information disclosure and easy manipulation,it is necessary to find the root cause of violations and improve the major asset reorganization information disclosure system.By analyzing major cases of information disclosure violations of major asset reorganizations,it is helpful to analyze the reasons for major asset reorganization information disclosure violations and formulate corresponding solutions to this,and regulate the relevant information disclosure market.This article takes the beautiful ecological major assets reorganization information disclosure violation case as an example,introduces the beautiful ecological major violations of the information disclosure process,analyzes the beautiful ecological violations of the disclosure behavior and the consequences of violations,based on the fraud triangle theory,a deep analysis of the beautiful ecological major assets reorganization Causes of information disclosure violations and related governance suggestions.First of all,the introduction of cases of violation of information disclosure of the beautiful ecological major assets reorganization,including the company profile of the beautiful ecological company,the relevant system and disclosure of the information disclosure of the major assets reorganization of the beautiful ecological company,the introduction of the cases of information disclosure of the violation of the beautiful ecological company,and the violation s consequence.Secondly,based on the violations in the case,based on the fraud triangle theory,the in-depth analysis of the reasons for beautiful ecological violations is disclosed.From the three factors of pressure,opportunity and excuse,excavate the causes of beautiful ecological violation disclosure.First,the internal pressure of poor management,the warning of delisting risks,and the external pressure caused by competition in the same industry;second,it is difficult to form a check-and-balance mechanism and violation of regulations within the company.The reason that the cost is too low and the third-party organization is not diligent and responsible creates opportunities for the violation of the beautiful ecology.Third,the beautiful ecology itself finds an excuse for reorganization and finds a reasonable explanation for the reorganization.Finally,based on the theory of fraud triangle,put forward governance suggestions from the perspective of the three elements of pressure,opportunity and excuses to prevent listed company major assets restructuring information disclosure violations from occurring.