A Study of the Status of Chinese Listed Companies' Voluntary Disclosure

Abstract

This paper selected at random 212 Chinese manufacturing companies at the Shenzhen Stock Exchange in 2013 as the research objective in order to study the current situation of the voluntary disclosure. This paper found and summarized the problems of small number, low quality, and accuracy, lack of fixed and standardized forms in the process of the disclosure. Finally based on the study, this paper further analyze the causes of these problems and put forward effective advices on improving voluntary disclosure of listed companies in China.