In essence, this market is an information market, and the flow of information leads to the allocation of resources. Enhancing the effectiveness of information disclosure can make the information exchange between diffe...In essence, this market is an information market, and the flow of information leads to the allocation of resources. Enhancing the effectiveness of information disclosure can make the information exchange between different market participants freely and effectively, so as to optimize the distribution of market resources, and promote the health of the entire capital market to develop rapidly and sustainably. As an important part of a country＇s financial, bank has a special corporate form and link with many different broad stakeholders, whether the information disclosure effective or not, the bank exert more influence to the capital market and society compared with ordinary businesses, what＇s more, the negative effect by the asymmetric information or disclosure failure is also far more big than ordinary enterprises. William Mcdonough, former chairman of the Basel committee on banking supervision, once said： ＂the greatest enemy of financial stability is a loss of confidence, but the greatest damage to the confidence is the lack of reliable information.＂ Therefore, ensuring the quality of information disclosure and enhancing the effectiveness of listed bank information disclosure have a very important practical significance on safeguarding the legitimate rights and interests of the majority of investors and stakeholders and stable financial order.展开更多
This paper based on the analysis and comparison of two major changes of our road freight market affected by reforming andopening-up, and discusses that the origin, course and motivation of the Logistics public informa...This paper based on the analysis and comparison of two major changes of our road freight market affected by reforming andopening-up, and discusses that the origin, course and motivation of the Logistics public information platform（LPIP）. Then it Points that theessential reason is the asymmetry of information exchange, course of its development is in order to meet the different needs of different stagesof the market continuously adjusted to the function of a process of development, but also development of the market to a specifi c stage of theinevitable demand.展开更多
文摘In essence, this market is an information market, and the flow of information leads to the allocation of resources. Enhancing the effectiveness of information disclosure can make the information exchange between different market participants freely and effectively, so as to optimize the distribution of market resources, and promote the health of the entire capital market to develop rapidly and sustainably. As an important part of a country＇s financial, bank has a special corporate form and link with many different broad stakeholders, whether the information disclosure effective or not, the bank exert more influence to the capital market and society compared with ordinary businesses, what＇s more, the negative effect by the asymmetric information or disclosure failure is also far more big than ordinary enterprises. William Mcdonough, former chairman of the Basel committee on banking supervision, once said： ＂the greatest enemy of financial stability is a loss of confidence, but the greatest damage to the confidence is the lack of reliable information.＂ Therefore, ensuring the quality of information disclosure and enhancing the effectiveness of listed bank information disclosure have a very important practical significance on safeguarding the legitimate rights and interests of the majority of investors and stakeholders and stable financial order.
文摘This paper based on the analysis and comparison of two major changes of our road freight market affected by reforming andopening-up, and discusses that the origin, course and motivation of the Logistics public information platform（LPIP）. Then it Points that theessential reason is the asymmetry of information exchange, course of its development is in order to meet the different needs of different stagesof the market continuously adjusted to the function of a process of development, but also development of the market to a specifi c stage of theinevitable demand.
