2005Unpublished venueRequires access

Existent Problems of Listed Companies of China in Information Disclosure, Causes and Counter Measures

Zhao Jian-po

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Abstract

This paper analyses the stipulation violating problem of listed company of China in information disclosure such as cheat, delay, etc. It is believed that these problems result from that the legal system and Corporate Governance Structure are far from perfect, intermediary institutions with superintendence cannot act effectively and minority shareholders can do nothing with supervising. It is pointed that corresponding measures to counter these problems shall be made to strengthen control of listed company's information disclosure.

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What this paper is about

This paper analyses the stipulation violating problem of listed company of China in information disclosure such as cheat, delay, etc. It is believed that these problems result from that the legal system and Corporate Governance Structure are far from perfect, intermediary institutions with superintendence cannot act effectively and minority shareholders can do nothing with supervising. It is pointed that corresponding measures to counter these problems shall be made to strengthen control of listed company's information disclosure.

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Available abstract

This paper analyses the stipulation violating problem of listed company of China in information disclosure such as cheat, delay, etc. It is believed that these problems result from that the legal system and Corporate Governance Structure are far from perfect, intermediary institutions with superintendence cannot act effectively and minority shareholders can do nothing with supervising. It is pointed that corresponding measures to counter these problems shall be made to strengthen control of listed company's information disclosure.

Key concepts: Stipulation, Shareholder, Nothing, Corporate governance, Business, Accounting, China, Listed company

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