The Disclosure Of Financial Information Of China's Listed Commercial Banks

Commercial banks disclose information to its bank depositors, investors and other stakeholders to conducive them understand the commercial banks operating results, financial condition and other information, Analysis of bank operations and risk profile and protect its interests. Banks, through public disclosure of information, better banking activities and the increase in the transparency of risk exposures in order to strengthen market discipline and financial stability.On the other hand, commercial banks are the object of special currency for business industry, its inherent vulnerability, risk and the entire country or even the global financial system, the external role, allowing all countries attach great importance to commercial banks risks. Since the 20th century,90 years, the international financial market crisis-ridden and volatile, there have been a series of major international financial event, the U.S. sub-prime crisis triggered global financial turmoil and allow people to look once again gather in the effectiveness of financial regulation issues.Financial reporting information is still the basis of banking supervision, high transparent and comparable financial reporting information beneficial to the banking regulators for banks to effectively supervise the operation and management activities will help to strengthen market discipline, promote the development of financial globalization. Effective supervision is based on good information disclosure system on top of the study has listed the bank's financial information disclosure and the relationship between the effectiveness of banking supervision becomes necessary. In this paper, document retrieval method, standardized research methods, comparative analysis, combining qualitative and quantitative analysis method to resolve the following issues:one, the relationship between financial information and regulatory information.2, Banks disclose financial information' current situation and the reasons for the problems. 3,Analyzed the gap between the domestic and international standards in disclosing financial information.4, how to improve China's listed commercial banks and financial information disclosure, in order to achieve an effective banking supervision.The article is divided into five chapters. The first chapter of introduction points out the research background and writing of this article the purpose of this article with the lack of innovations, but also pointed out that this paper aims to solve the problem, and an overview of the contents of this paper. Finally, literature is reviewed. Chapter II is information disclosure and bank regulation theory.focuses on information disclosure of listed commercial banks and banking supervision of the concept, characteristics; the theoretical basis for information disclosure; but also from an economic perspective on the theoretical basis for banking supervision of the banking standard for judging the effectiveness of that regulation is a summary. As well as financial information and regulatory information on the relation between argumentation, in order to lay the foundation for later chapters. Chapter III of the disclosure of financial information for the listed banks and the regulatory effectiveness of the empirical analysis, presented an overview of the first commercial bank listed on the situation, followed by information disclosure under the requirements at home and abroad of China's listed banks in 2008 annual reports were investigated and analyzed to understand the China market bank information disclosure status quo and to the cause of their analysis, the disclosure of accounting information to find the problems. Chapter IV is the Countermeasures basis on the China's listed banks'disclose financial information. Chapter V is Conclusion.This, survey showing that there is a huge gap with international standards in disclosing financial information. For example:in banking and risk rating system, the disclosure of measurement methods to be strengthened. Therefore, to meet the effective monitoring and financial information provider of the content and form must be to improve financial disclosure. Banks should be gradually introduced the content of uniform accounting standards, to enhance the comparability of financial information. At the same time establish a sound internal rating system to ensure a comprehensive specification of financial information. The form should increase the moral construction of bank employees to reduce the financial impact of the authenticity of subjective factors. At the same time, banks should establish a financial information-sharing system, enhance financial institutions the ability to respond to emergencies and strengthen the effectiveness of supervision.In the bank's internal information should also set up a special department responsible for the disclosure of related information, the disclosure of the information is responsible for. Strengthen the lines of responsibilities, providing high-quality information, enhance the effectiveness of supervision.