上市公司盈利预测信息披露:动因、质量与监管

盈利预测信息有助于投资者做出合理的经济决策,是极为有用的会计信息,因此,需要上市公司公开披露盈利预测信息,以提高证券市场的有效性。盈利预测具有内在的不确定性和风险,这便要求通过积极有效的监管制度设计,来保证所披露信息的质量,保障投资者利益。最后结合我国实际情况,就完善盈利预测信息披露提出了改进建议。

Disclosure of Corporate Earnings Forecasts:Incentives, Quality and Supervision

Earnings forecast is a very useful part of accounting information for investors to make sound decisions. Listed companies are thus required to disclose their earnings forecasts in order to reinforce the efficiency of security markets. The inherent uncertainty and risks with earnings forecasts call for active and effective supervising system design for the quality of the disclosures to safeguard the interest of investors. Some proposals to the actual situation of China's market are put forth to bring this article to an end.