注册制背景下信息披露制度与监管问题的探讨

Discussion on Information Disclosure System and Supervision under the Background of Registration System

摘要: 信息披露的成本是比较大的，上市公司能不披露就尽量不披露，必须披露的往往简化披露，由此产生了信息不对称的问题。上市公司的信息披露能对投资者的决策产生重大影响，为保障投资者的利益，需要加强对上市公司信息披露的监管。本文为推动信息披露制度与监管的完善，针对当前注册制背景下信息披露制度存在问题，提供了几点意见，以更好的推进我国资本市场注册制改革的进行。

Abstract: The cost of information disclosure is relatively large. Listed companies can not disclose as much as possible without disclosure. What must be disclosed is often simplified, resulting in the problem of information asymmetry. Information disclosure of listed companies can have a signifi-cant impact on investors’ decisions. In order to protect the interests of investors, it is necessary to strengthen the supervision of information disclosure of listed companies. In order to promote the improvement of the information disclosure system and supervision, this paper provides several opinions on the problems of the information disclosure system under the current registration sys-tem background, so as to better promote the reform of the registration system in China’s capital market.