Rescarch on Perfecting the Forced Delisting System of List Companies
Journal Title: Global Academic Frontiers - Year 2024, Vol 2, Issue 3
Abstract
The forced delisting system, functioning as a mechanism for the "export" of listed companies, is pivotal in fostering market dynamism and optimizing resource allocation within the securities market byenforcing the principle of survival of the fittest. which is directly related to whether China's securities market can realize the orderly and timely clearing pattern. However, there are still difficult and slow delisting problems in China's securities market. The fundamental obstacle is that the standard of forced delisting is generally loose, the forced delisting procedure is lengthy and the connection is not smooth. Drawingon the experience of developed capital markets outside the region, it is suggested that in terms of entity system, the number of market makers should be increased to fully reflect the will of investors, and forced delisting standards for trading should be strictly formulated to strengthen market standardization, while the weight of financial profit standards in delisting standards should be reduced, and the scope of application of non-quantitative standards should be expanded to comprehensively combat delisting evasion. In terms of procedures and systems, shorten or directly cancel the consolidation period to speed up the delisting speed; At the same time, improve the transition rules after forced delisting to ensure the smooth transition of the company to be delisted.
Authors and Affiliations
WAN Ya-jun| School of Law, Anhui University of Finance & Economics, Anhui Bengbu 233041, China
Keywords
Related Articles
- EP ID EP741406
- DOI https://doi.org/10.5281/zenodo.12684317
- Views 23
- Downloads 1
Precision Calibration of Industrial 3D Scanners: An AI-Enhanced Approach for Improved Measurement Accuracy
With the rapid development of intelligent manufacturing, there are important and challenging tasks in many aspects, especially in the calibration of 3D scanners. In order to improve the calibration accuracy, this paper p...
Target enhancement interpretive processing techniques and their application in B area
The Ordovician reservoir in Area B is a carbonate fracture- controlled fractured-vuggy reservoir. The distribution of the reservoir is controlled by the slip fracture zones, with large differences in three-dimensional sp...
Application and Research on Interface Design of Digital Government Operating System
As the first year of the digital economy, everything is undergoing earth shattering changes in 2023. With the rapid development of information technology, the digital economy is also gradually growing and expanding. As a...
Innovative Development of Vocational Education in Guangxi under the RCEP Framework
Within the RCEP framework, vocational education in Guangxi faces significant opportunities and challenges. This paper proposes strategies in three aspects: industry-education integration, faculty development, and interna...
Applications of Explainable AI in Natural Language Processing
This paper investigates and discusses the applications of explainable AI in natural language processing. It first analyzes the importance and current state of AI in natural language processing, then focuses on the role a...