Accounting Financial Fraud Of Listed Company Law Regulation Research

In recent years, along with the development of market economy, the listedcompany’s financial fraud case appeared in large numbers. Fiction from themotherboard market Yinguangxia Financial Statements event to the small plates ofLvdadi false statements in the annual report,and Wanfushengke false profits,thesecompanies misappropriate the investors the money for himself through financialfraud. This behavior of financial fraud abound in listed companies, and they exhibitnew characteristics in the new situation,their behavior more systematic concealment,but also to regulatory great difficulty. This behavior is to bring great harm to societyas a whole, so that severely damaged the interests of investors, also dampened theirconfidence in the stock market,adding that they do not trust the stock market, someof the small company through this form extort money, while those who really needmoney do not have the advantage of business opportunities to raise capital.which ledto chaos economic order, to the development of the national economy has broughtgreat instability.The first part describes the status of listed companies’ financial fraud and itscharacteristics. First, from our main market, small board and GEM were selected arepresentative elaborate cases,describes connotation of financial fraud. The secondpart focuses on the causes of the financial fraud and hazards listed. The third partanalyzes the ways of the listed companies’ financial fraud legal regulation. Listedcompanies legal regulation of financial fraud from the following three aspects: First,improve corporate governance listing, by optimizing the shareholding structure of the company,supervisors and independent directors to ensure the independence and professionalism of the listedcompanies,to improve the incentive and restraint mechanisms elaborated. The second soundmonitoring system, strengthening market supervision and improve the information disclosuresystem of both a sound monitoring system. Third, raise the cost of illegal financial fraudsters,mainly to improve the punishment from the criminal law, punishment will be eligible to apply tothe agency’s administrative penalty,on the amount of fines and other directly responsiblepersonnel responsibilities should be increased,emphasis on civil compensation system will beimproved implement aspects of civil damages.