Category: Money Tips Date: 2007-05-25
Recently, the Chinese stock market have taken place in several triggered widespread concern and discussion of events: First, the major shareholder stock reform commitments flashy, play word games, stock holdings easily below the commitment price; second accounting firm thrust backwards carbine, a supplementary investigation arrest is a, * ST Haci withdraw from the market is doomed; 3 in response to media questions avoiding the hum and haw, a veteran Zhuanggu become clearer unclear.
Whether major shareholders like the rain like a vague commitment to the wind, or a listed company still holds the position partly concealed, and its essence is related to the lack of or violation of integrity of the parties. The reason they afraid to openly challenge the disclosure of information true, accurate, timely, comprehensive basic criteria are not unaware of the consequences of non-compliance, but the cost of its non-compliance is too low. The securities regulatory authorities over the single means of punishment for them, is simply pointless. Criticism, public reprimand, fine, Shichangjinru, special treatment, suspend listing, delisting or can what? Listed companies may have westerly sunset glow, but the relevant parties still large pieces of meat and drinking bowl, and ultimately loss, tears or small and medium investors.
Do not speak good faith, commit crimes, this matter is necessary to dispose of the ancient lynching, most of its tied him up, bang a drum and paraded through the streets, and even Tattoo tattoo, even if you have I fame, since that is condemned by all, majestic sweep the floor .
Modern society is a democratic society, civil society, pay attention to human rights, pay attention to the legal system, naturally can not follow the ancient lynching, but the constraints and deter offenders and their share in the same vein, I think that when the devaluation unified and standardized credit system.
"Credit" is a long history, back in "Zuo Zhuan" in there "gentleman's words, the letter while charging, so blame much of their body," the records. However, the status quo of China's credit information system, they are not satisfactory. On the one hand administered by too many doors, between the lack of the necessary coordination and communication resources can not effectively sharing; the other hand, fragmentation, different design concept, content, far from each other between the lack of organic interfaces. Ever since, the person (a company) in the A to have a bad credit record, but still be able to point B its own way, a trickster and the way the green light.
Unified and standardized credit information system, that is, the relevant departments to fully consider all trades, on the basis of regional characteristics, design, formulate a unified credit evaluation criteria, by the current effective integration of various types of credit system, and gradually build to form an objective, orderly, and effective credit evaluation and monitoring system, and on this basis, the establishment of public-oriented open, fair, equitable, and convenient access to credit and credit release platform.
In such a system, once the offenders have a poor record, which is equivalent in its face engraved similar to "I am a liar" and other similar words, although they went away, they are dealing with the parties (investment persons, partners, creditors) would know that he has done will also will re-examine its words and deeds, proceed with caution.
Such a role, and would have violated these rules who have a strong deterrent effect, thereby greatly increasing the cost of its non-compliance. By then, it is estimated directors of listed companies will be self-consciousness "sensible", and willing to serve as independent directors do not want to vases, and supervisors are aware of supervisory or monitoring, and executives have learned diligence of. Happy, would not Miya!
