Research on Modern Higher Education | |
Analysis of current situation of information disclosure of listed companies on GEM | |
Zhirong Shen1  | |
关键词: GEM; information disclosure; violations; | |
DOI : 10.24104/rmhe/2017.02.01016 | |
学科分类:社会科学、人文和艺术(综合) | |
来源: Asian Academic Press Co Limited | |
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【 摘 要 】
In the afternoon on October 23th, 2009, GEM was officially launched in our country. Due to the lack of experience in the market supervision, information disclosure violations frequently occurred. In April 2015, Shenzhen Stock Exchange puts forward morning information disclosure system to strengthen the reform of information disclosure system. Therefore, this paper deeply focuses on the current situation of information disclosure violations on GEM for the purpose of attracting more attention to the problems. Through studying the information disclosure violations of the listed companies on GEM from 2011 to September 30th, 2015, this paper divides the violations into the following four types: false record, misleading statement, material misstatement and delayed disclosure. On the other hand, we find that these types of violations are concurrent. From this discussion, we may safely draw the conclusion that the information disclosure of listed companies on GEM has the problem of untruthfulness, incorrectness, incompleteness and delay.
【 授权许可】
CC BY-NC
【 预 览 】
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RO201904022911637ZK.pdf | 717KB | ![]() |