Listed Company Information Disclosure Of Normative Questions

Along with the continuous development of China's stock market its level of internationalization and standardization is raising day by day. The system of information disclosure for the public company grows more integrated out of nothing in our country and it plays great roles in vindicating the market orders and safeguarding the investors' interest. Meanwhile we see that many problems exist when the public companies disclose their information to the publication. For example, disclose untrue, insufficiency and not prompt information, violate laws and orders deal with the other accounting information. All of these directly lead to the distortion of the accounting information. They entail untold troubles to the healthy development of the stock market, the reform of state enterprise, so far as to the whole society and country. For investors the distortion of the accounting information would advise them to make a mistake investment and lead to tragic losses. It will seriously beat the investors' hope. Not standardization of the information disclosure can lead to deals done behind the scenes and bring about "asymmetry information", it can disturb the normal operating of the stock market, it can conceal the operating contradiction of the public company and cause losses in the state assets and financial revenues. Moreover it can bring about unhealthy infection to the society, provide a chance of corruption for the leader, shake the development and existence of the public company, contaminated the social morale. So for safeguarding economic orders, fairly reallocating economic resources, reducing the market risk, improvingthe market efficiency, guaranteeing the healthy and steady development of the securities business improvement of the standard criterion of the information disclosure for the public company is necessary under the situation.In view of our country's situation, using for reference the international research result, the research of the standard criterion of information disclosure is of great importance to improve the transparence of the information disclosure, guarantee the quality of the public company, guard and eliminate the market risk. Moreover it can promote people to follow the open, impartial and fair principle and get ready to meet the challenge because of going into the WTO.In this thesis, the theme concerning with the standardization of information disclosure of the public company is discussed in four parts.In part one, from the prospective of the whole system the information disclosure is elaborated, where the basic meaning and content, the target and object, the path and principle are explained. In part two, the main problems exist in the information disclosure are analyzed, and the present situation of information disclosure of China public company is elaborated, from which the harm and economic result of not standardization of information disclosure are pointed.In part three, kinds of reasons of not standardization of information disclosure are concealed, the solutions are made aimed at the problems.In part four, from the prospective of accounting standard, the feasibility and necessity of improvement the standard criterion ofinformation disclosure are elaborated, the suggestions for improving the accounting principles are made using for reference the international advanced experiences.