An Empirical Study on the Influencing Factors of Listed Companies of China Disobeying Information-disseminating Regulation
In allusion to the frequent events of listed companies disobeying information -disseminating regulation in China at present, the paper chooses th 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 does an empirical 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 effective factors.
【CateGory Index】： F224