中国上市公司会计信息披露制度研究

Research on Accounting Information Disclosure of Listed Firms in China

上市公司会计信息披露制度不仅保证公司创造价值最大化,而且保证价值在公司各相关利益者之间的公平分配,其核心目标是保护小股东权益。文章深入分析了中国上市公司会计信息披露制度所存在的公司内部治理和外部治理环境的缺陷,认为中国上市公司会计信息披露制度问题源于两方面:一是公司内部治理结构中缺乏为确保所披露的会计信息的质量所作出的有效的制度安排;二是公司外部治理环境中信息披露体系方面的制度缺陷。在保持适度的强制性会计信息披露的情况下,对改善我国上市公司会计信息披露制度提出建议。

The institution of accounting information disclosure in listed firms guarantees the creation and fair distribution of value, with the protection of investors′ benefit being the key objection. This paper probes into corporate internal governance and corporate external governance which the institution of information disclosure depends on, and believes that the problems of information disclosure originate form corporate governance structure and securities regulatory in China′s listed firms. With moderate and compulsory information disclosure, the proposals regarding improvement of information disclosure in China′s listed firms are offered.