摘要
鉴于年报披露及时性的重要性,文章通过向境内A股市场流通股投资者发放问卷的形式对上市公司年报披露及时性问题进行了研究。调查发现投资者对上市公司年报披露的及时性有着强烈的需求,但目前上市公司年报披露的及时性较差,尚不能满足投资者的需求,一定程度上降低了年报信息的决策有用性。为提高上市公司年报披露的及时性,文章建议进一步修订《证券法》,缩短我国现行上市公司年报法定披露期限,以满足年报信息使用者对年报信息的使用。
Given the importance of timeliness of annual report disclosure, this paper studies the timeliness of annual report disclosure through a questionnaires survey among the domestic A-share stock market investors. We find that investor have a strong demand on the timeliness of annual report disclosure of listed companies. However, the timeliness of annual report disclosure failed to meet the demand of investors. To certain extent, the poor timeliness of annual report disclosure reduces the information usefulness for decision-making. We suggest that further revising Securities Act and shortening existing annual report statutory deadline can improve the timeliness and usefulness of information.
出处
《上海立信会计学院学报》
2007年第1期32-40,共9页
Journal of Shanghai Lixin University of Commerce
基金
教育部人文社会科学研究项目"上市公司年报披露及时性问题研究"(批准号:05JA790050)的阶段性研究成果
上海财经大学"211"工程资助
上海财经大学会计与财务研究院的资助
关键词
年报披露及时性
信息不对称
会计信息质量
保护投资者权益
timeliness of annual report disclosure
information asymmetry
accounting information quality
protection of investors＇ interests
