A Research On False Representation Of Finance Information In Keda Group Co,Ltd

In recent years, though the stock market has matured, the company raised thethreshold for the initial public offering, the standardized form of information disclosureof listed companies, to strengthen the supervision and management of listed companies.However, the development speed must be accompanied by a huge risk. Informationasymmetry caused by market failures, insider trading, against the interests of investors,the stock market hampered the smooth, efficient and orderly operation. At present,although the Government to combat counterfeiting strictly business, violations ofinformation disclosure is still repeated, and the ever-changing patterns form.Listed companies are required to have the attributes of accounting informationdisclosure of public goods in a certain point of view, it should be and needs to beinvestors and other stakeholders to grasp, business income, after-tax profits, the riskprofile of such information to make a rational investor basis for decision making. Thedistortion of accounting information of listed companies, financial fraud uncommon, tosome extent related to the social environment, which of course benefits the driver.Listed companies are willing to take the risk, do not take big taboo in the world of illegaloperations, because obviously varied. From the internal perspective, senior managersand accounting personnel can not shirk its responsibility, or not working due to eithercomplicit; from a macro point of view, government regulators, agencies and other notfully play its function, investigative capacity of law enforcement capacity progressremains to be improved, according to the laws and regulations still have great room forimprovement.In this paper, based on case studies, events, and a combination of theory, researchon false information against disclosure, financial fraud and corporate fraud regulatoryissues frequently carried out in Kodak shares. In addition to an exhaustive list of thevarious methods and forms of disclosure of false information, but also thoroughlyanalyzed the false information disclosure of listed companies, financial fraud of internaland external reasons, and based on the analysis of a variety of angles in this case, thelisted company itself, SFC, the Stock Exchange, the local government and other relevant regulatory authorities of the problems exposed. Extending from the disclosure of falseinformation to the primary method of false accounting information disclosure issueexists, the final recommendations of the internal control of listed companies to adjustand optimize the management structure, regulatory bodies established regulatory system,improve relevant laws and regulations.