首都经济贸易大学学报Issue(1):98-107,10.DOI:10.13504/j.cnki.issn1008-2700.2016.01.13
政策主导下的股权契约环境、信息披露及中小投资者保护
Contracting Environment Dominated by the Government Policy, Information Disclose and the Protection of Medium and Small Investors
摘要
Abstract
This paper mainly focuses on the quality of information disclosure of listed companies and selected the relevant indicators of contract environmental factors with the characteristics of China ’ s securities market ,using panel data of Shanghai and Shenzhen stock 2010—2013.The paper mainly explores the reliability and rationality of the process of information disclosure ,the disclosure choice of time ,the relationship between the return on the effec-tiveness and transparency of corporate governance and information disclosure to shareholders of the contractual envi -ronment,to find out whether the existing contractual environment is effective .It is found that contracting environ-ment dominated by the government policies is overall effective but the quality of information disclose is obviously different and the level of protection of small investors should be improved .关键词
投资者保护/契约环境/股东回报/信息披露Key words
investors protection/contracting environment/shareholder return/information disclose分类
管理科学引用本文复制引用
韩嘉祺,郭雪萌..政策主导下的股权契约环境、信息披露及中小投资者保护[J].首都经济贸易大学学报,2016,(1):98-107,10.基金项目
国家自然科学基金项目“国家基础科学人才培养基金资助与管理模式研究” ()