The Study On Information Disclosure System Of Listed Corporation

Financial scandals erupted since 21 century in some Multinational corporations has shaken the supervision foundation of securities market-Information Disclosure System(IDS), such as in Amways, World.com. At present, the research on listed corporations has become hot point theoretically. The dissertation expects to contribute to the perfection of this system. Firstly, this dissertation tries to analyze the theory basis of IDS, Based on the analysis of efficient capital market, some scholars from China has made empirical research on IDS and drawn a conclusion that securities market is in a weak stage. Facing such kind of weak market, we should select compulsory IDS. Whatsoever, this dissertation made a comparison of this system between China and abroad. The securities market is still the initial stage in China, comparatively speaking, we have established scientific and reasonable system, but there are still some problems comparing with IDS of securities market in developed country. Finally, this dissertation put forward some related and effective suggestions according to the analysis of some problems existed in our securities market in the angel of IDS and securities market supervision.