Studies On Information Disclosure Of Listed Companies

Theory based on capital market efficiency, fair, just and open transmission of information is the basis for the effectiveness. And with foreign capital markets mature, compared the effectiveness of China's capital market is very weak. Important reason leading to this phenomenon is not smooth the flow of information, transactions both sides of unequal access to information leads to inefficient capital market.Information disclosure problems exposed in the process is the question of regulation, in essence:for the information disclosure regulation is to control human behavior. As the perpetrator's motives are multifaceted and complex nature of information disclosure by the perpetrator is in fact a work dominated by actors ethics, knowledge cultivation, mental activities and a variety of complex factors such as the special needs of the combined effects of.To have effective control, then the only legal one way.This article based on the basic theory of information disclosure, the analysis of information disclosure on the basis of the status of information disclosure of listed companies to explain the existence of the four questions, the more in-depth analysis of the impact of the quality of information disclosure of listed companies in China main factors, the end to improve the legal system, Two aspects of market operation system made some suggestions.