摘要
公众投资者在获取上市公司信息方面通常处于弱势地位。本文旨在通过问卷调查 ,研究中国公众投资者信息需求的特点 ,对目前信息供给状况的态度 ,以及他们与国外公众投资者在信息需求和决策变量选择上是否存在差异等。研究发现 ,信息的真实性、及时性和充分披露是我国公众投资者认为最重要的质量特征。为此 ,建议通过采取完善与信息披露相关的法律法规、加强监管、严厉处罚等手段 ,促进上市公司及会计师事务所等中介机构披露真实、及时的信息 ;鼓励上市公司更多地作出诸如公司未来收益潜力预测等前瞻性信息的自愿披露。
Private investor is usually a weakling in getting information about listed companies. This paper is to make an exploration, by questionnaire, of China private investors' characters of information demand, attitude to existing information supply and the probable differences on private investors' information demand and decision-variable choice between China and the western countries. We found, reality, timely and full disclosure are the most important qualifications of information from the standpoint of private investors in China. So that, we suggest that the government should improve the regulations related to information disclosure, enhance supervision, control and punishment, to promote the listed companies and intermediaries such as accounting firms to make reliable and timely disclosure, and to encourage the listed companies to make much more future-orient voluntary disclosure such as the estimation about a company's future profitability.
出处
《经济研究》
CSSCI
北大核心
2002年第4期36-43,共8页
Economic Research Journal
