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The impact of the 2007 reforms on the level of information disclosure by the Chinese A-share market

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  • Gong, Rong
  • Marsden, Alastair

Abstract

This paper examines the impact of China's 2007 Administrative Measures on Information Disclosure by Listed Companies (“AMID”) on the information environment for Chinese listed companies. AMID requires continuous disclosure of price sensitive information and prohibits the selective disclosure of private information.

Suggested Citation

  • Gong, Rong & Marsden, Alastair, 2014. "The impact of the 2007 reforms on the level of information disclosure by the Chinese A-share market," China Economic Review, Elsevier, vol. 30(C), pages 221-234.
    • Handle: RePEc:eee:chieco:v:30:y:2014:i:c:p:221-234
    DOI: 10.1016/j.chieco.2014.07.001
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    2. Ho, Kung-Cheng & Sun, Renji & Yang, Lei & Li, Hui-Min, 2023. "Information disclosure as a means of minimizing asymmetric financial reporting: The role of market reaction," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1221-1240.
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    5. Jiayu Huang & Yifan Wang & Yaojun Fan & Hexuan Li, 2022. "Gauging the effect of investor overconfidence on trading volume from the perspective of the relationship between lagged stock returns and current trading volume," International Finance, Wiley Blackwell, vol. 25(1), pages 103-123, April.

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    More about this item

    Keywords

    China 2007 reforms; Information disclosure; Private information; Continuous disclosure;
    All these keywords.

    JEL classification:

    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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