The Research On The Information Disclosure System Of Listed Commercial Bank In China

For a long time, there are many defects that exist in the information disclosure of the commercial bank in China, such as unreliable, irrelevant, insufficient, delayed information disclosure etc. This current situation has already been far from meeting the developing requirement for the socialist market economy and financial reform and opening-up. The management of commercial bank differs from other enterprises. Information disclosure is the basic requirement and important means of banking supervision. As a kind of special enterprise that has both characters of listed company and commercial bank, Listed commercial bank, which lies in multi-level economic duty relation, has the different supervisory requirement of information disclosure.The dissertation has held information disclosure of listed commercial bank, which is the front and hot problem in present research field of banking supervision and company treatment. Then, it attempts to find some solutions to improve the information disclosure of listed commercial bank in China based on the study of the basic theory of information disclosure after reviewing current situation of information disclosure about domestic and foreign commercial banks.Firstly, the dissertation summarizes all kinds of domestic and foreign viewpoints about information disclosure, clarifies the essential meanings and the criterion of information disclosure of commercial bank. Then it also makes use of the theory of information asymmetry, principal-agent theory, Efficient Capital Market Hypothesis to discuss the necessity of information disclosure of commercial Bank including listed commercial bank and establishes theory foundation for the following chapters.Secondly, the dissertation takes comparative research method to put in order and sum up serial regulations of information disclosure advocated by Basel Committee. After comparing and analyzing the bank information disclosure of foreign country such as America, Singapore, Japan and Korea, it tries to summarize the advanced experience from information disclosure system of foreign bank for reference.Thirdly, the dissertation spends biggish chapters in discussing the supervisory system and characters of listed commercial bank in China. Then, it profoundly analyzes that the information disclosure of listed commercial bank is imperfect in supervisory authority, supervisory regulation, the level of information disclosure etc. and reveals the deeply reasons for unsatisfactory information disclosure of listed commercial bank.Finally, the dissertation puts forward general thought about how to perfect information disclosure system of listed commercial bank in China and makes following suggestions. These policy suggestions are respectively that we should cultivate eligible market participants. We should perfect the divided and cooperative mechanism of listed commercial bank and strengthen the leading role of supervisory department. We must strengthen the regulation of information disclosure to improve the demands of bank information disclosure. We should build competitive entironment and exert the effect of market discipline. In addition, we should improve bank management and settle the technical problem of information disclosure. At last, we should seek the balance between aboveboard information disclosure and confidential information disclosure.