Researches On Regulations Of Information Disclosure For The Listed Companies

China stock market is keeping calefactive during year 2006-2007.I paid more attention on regulations of information disclosure for the listed companies, as I think transparency is the foundation of a developing stock market. In a capital market full of flowing information, transparent information disclosure is an embodiment to principles of "publicity, fair and justice" in stock market. Consummate system of information disclosure can protect the benefit of minor investors. Obviously, there is realistic significance to do researches on regulations of information disclosure.In this paper, the writer has hackled the rules of information disclosure to our listed company, and viewpoints of existing literatures, through criterion studying method. The writer also made a detailed analysis on current regulations of information disclosure status of our enterprises, by taking the listed companies as study objective. It's found that surplus management, fake statements and dope trades are existed in listed companies. The writer has also analyzed the systematical factors that restrict the transparency of our listed companies, from different aspects like regulations of information disclosure, law regulations for stock, as well as stock supervision institute etc. Base on the analysis, the following suggestions on policies are made: to empower the legal sanction to disclosure of internal control and its information, to complete the law system related to stock market, to intensify legal responsibility of the minor and holding shareholders, to make good use of the supervision function of stock exchange, and improve the quality of information disclosure from the third party.