The Research On The Problems And Countermeasures Of Financial Information Disclosure Supervision Of Listed Companies

Under the registration system,financial information disclosure is important for both businesses and investors.A high quality financial information can effectively help investors make investment judgments and avoid misleading of fraud.With the expansion of securities market,financial information disclosure violations often occur,and these hidden financial frauds seriously disrupt the market order and bring serious losses to investors.Obviously,financial information disclosure supervision has gradually attracted the public’s attention,and has been an important research subject content in supervision direction in recent years.In this paper,we mainly uses management theory,case analysis and several other research methods to focus on the problems and improvements in the provision of financial information disclosure supervision from six parts.The first chapter is the necessity,significance and research status of financial information disclosure;the second chapter is the concept of financial information disclosure supervision and several theory and its application in research,such as public goods theory,entrusted agent theory,and supervision theory.The third chapter involve in the discloses practice and effectiveness of pre-event supervision,in-event supervision and post-event supervision of financial information disclosure,includes supervision system,implementation of financial information disclosure supervision and implementation effect.Based on chapter III research and statistics of open data in recently,Chapter IV analyze the problems and causes of financial Information disclosure supervision.On the one hand,there are many problems with internal control,the independent directors and the disclosure of the voluntary information of listed companies,on the other hand,the existence of external supervision is not clear,the current major refund system is not scientific enough,It takes too long time for supervision and investigation and even without needed regulatory work in a certain degree.The fifth chapter give two typical financial information disclosed of Lucking coffee and the wine industry,and analyzes the process and efficiency of survey policies in our country.The sixth part puts forward some financial information disclosure supervision mechanisms in order to solve the problems,including strengthening the construction of supervision system,strengthening supervision level construction,improving information disclosure supervision standards,Moreover,several advices are given to local regulatory authorities for their improving information disclosure,from the perspective of internal and external regulatory enforcement.