Research on the Motivations and Consequences of Irregular Disclosure of Accounting Information by Listed Companies

Yang Liu

doi:10.54097/wa01gx47

Authors

Yang Liu

DOI:

https://doi.org/10.54097/wa01gx47

Keywords:

A publicly-traded entity; Financial accounting data; Unauthorized dissemination; Underlying incentives; Remedy strategies.

Abstract

In today’s society, the disclosure of accounting information by listed companies serves as a vital bridge for communication between these companies and information users. Despite significant progress in this area in recent years, listed companies still face critical flaws. The irregular disclosure of accounting information by the Antai Group has prompted regulatory authorities to focus on this issue. This paper primarily investigates the motivations and consequences of irregular disclosure of accounting information. The research analysis reveals that the primary motivations encompass internal and external factors, leading to severe economic losses and significant market volatility. The paper further proposes corresponding solutions, such as strict law enforcement and providing training services for investors. This study outlines requirements for listed companies to adhere to accounting information disclosure standards to ensure market efficiency. From the corporate perspective, there should be more truthful and accurate disclosure of accounting information. From the regulatory perspective, there should be enhanced oversight of such irregular practices and measures to mitigate their occurrence.

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