Positive Study on the Influencing Factors for Violating Regulations of Information Disclosure in Listed Companies
HUANG Yan-jun (Statistics Department, Shanghai University of Finance & Economics, Shanghai 200439, China)
According to the events about violating regulations of information disclosure in China at present, the paper chooses the exoteric condemned listed companies of China from Feb. of 2003 to Aug. of 2004 as samples, and imports the non-condemned listed companies in the same period as partnership samples via stratified random sampling. The article makes positive study on the samples from the characteristics of the industry, structure of shareholders′right,scale,payoff capacity and debt of listed companies, discussing the characteristics of the exoteric condemned listed companies and the influencing factors.The result reveals that the characteristics of the industry, scale and payoff capacity are the influencing factors.
【CateGory Index】： F224