中国股票市场如何规避欺诈发行（How to avoid fraudulent issuance in Chinas stock market）.docVIP

中国股票市场如何规避欺诈发行（How to avoid fraudulent issuance in Chinas stock market） After offering fraud event to Chairman He Xuekuis arrest ended in the green earth, the community began to think about who should be responsible for the losses of investors, how to prevent such incidents from happening again, through the ways and means to how to ensure the interests of investors. This paper analyzes the problems existing in the supervision of listed companies from the perspective of corporate governance and how to further improve the control mechanism so as to effectively avoid such risks. First, the green earth fraud review First of all, review the events of the green earth fraud before exposure, investigate the relevance of the event. Three years of change, five business performance, company executives turnover several times three degrees to replace the audit agency, until the end of last year, shares were frozen justice, this series of facts is the green earth event foreshadowing. Second, find the underlying motive for green earth fraud. On the one hand is because of severe drought in Yunnan caused by operating difficulties caused by the financing needs of the company strong, on the other hand is the original green earth director and chief financial officer Jiang Kaixi and chairman He Xuekui for the implementation of financial fraud to pursue their own interests. Through the analysis of the phenomenon and the essence, can see the main promoter green earth fraud is the companys board of directors and management executives, and the companys board of directors, board of supervisors, shareholders failed to timely on major incidents of the audit, the company governance control system formalization loses main supervision and control, the formation of bad effect and cause the loss of investors and shareholders. System of corporate governance, management and control of the two CLS CLS that effective corporate governance control including the establishment of normal decision-making pla