On Several Issues of the Information Disclosure of Listed Company in China
Jin Ming-wei
Abstract
Jin Ming-wei
Abstract
Standard information disclosure is the rudimentary guarantee for keeping the openness,fairness and justness of the securities market. Profit driving is the essential reason of the nonstandard information disclosure of listed companies. The health growth of Chinese securities market is being hindered strongly by the repeated actions against relevant regulation and law of some listed companies. The working emphasis at present to strengthen the information disclosure of listed companies are as follows:enacting and perfecting the information disclosure standards and the pertinent criterion system of listed companies,building social environment of honesty and credit,perfecting corporate governance and strengthening supervision and punishment.
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Standard information disclosure is the rudimentary guarantee for keeping the openness,fairness and justness of the securities market. Profit driving is the essential reason of the nonstandard information disclosure of listed companies. The health growth of Chinese securities market is being hindered strongly by the repeated actions against relevant regulation and law of some listed companies. The working emphasis at present to strengthen the information disclosure of listed companies are as follows:enacting and perfecting the information disclosure standards and the pertinent criterion system of listed companies,building social environment of honesty and credit,perfecting corporate governance and strengthening supervision and punishment.
Key concepts: Honesty, Accounting, Business, Corporate governance, China, Openness to experience, Profit (economics), Finance