Research on Chinese Regulations of Earnings Forecasts
With the rapid development of the capital markets and increasingly prominent market risks,information disclosure system has become an important measure for risks revealing and market stabilizing.In this paper,the earnings forecasts system, which is comparatively special in the information disclosure systems,is investigated through reviewing the history of system, analyzing the characteristics and system comparison between china and the United States.Firstly,Chinese earnings forecast regulation change greatly due to the reformation in china. Secondly,although the regulations in China have become more comprehensive,the system itself is relatively diffuse. Thirdly, compare with American regulations,the Chinese ones are lacking of consistence and uniformity,which is especially obvious in the relevant measures for voluntary earnings forecast deficiency. Finally,some policy suggestions for perfecting earnings forecasts system in China are provided according to above conclusions.
earnings forecasts regulation IPO earnings forecasts earnings warning preliminary earnings estimate
Ping Yang
School of Management,Northwestern Polytechnical University,Xian,Shaanxi,710129
国际会议
西安
英文
282-304
2009-05-01（万方平台首次上网日期，不代表论文的发表时间）