银广夏诉讼案实体法分析——《证券法》的虚假信息民事责任制度设立

Analysis About Substantial Law In the Court Case of Yinchuan Guangxia Industrial Corporation——The Establishment of Civil Liability System For False Information In Securities Law

对《证券法》的民事制度增设和完善工作的必要性 ,人们已达成普遍的共识。本文的行文正是基于如此基调之下 ,结合银广夏虚假信息披露案 ;同时从经济学角度 ,进一步分析虚假信息民事制度设立的可行性和效率性 ,作出一套完整、明晰的虚假信息民事制度的设计 (选择 )。

People have universally got a common view about the necessity of the supplement and perfection of civil liability in Securities Law. In such a keynote, this article is written in integration with the false information disclosure case of Yinchuan Guangxia Industrial Corporation. Beside, from the angle of economics, this article further analyzes the feasibility and efficiency of the establishment of civil liability system for false information, and made the design (options) of a set of complete and explicit civil liability system for false information.