우리나라 공시 제도의 현황과 발전방안

Abstract

A corporate information disclosure system is the most important part of Securities Exchange Act together with regulation on unfair business practices. Corporate information disclosure is a system allowing company's stakeholders such as shareholders, creditors, employees and individual investors to accurately know the facts of company by disclosing the company-related information to them. This disclosure system is intended to make securities issuers, corporate executives and the like disclose to investors the information necessary for the valuation of securities, such as the management performance, financial condition, business plan and new product development of company. And it is intended to allow investors to make a reasonable investment decision on their own judgment and responsibility. In order to develop Korean disclosure system more, the current disclosure system should be reviewed. And the amount of disclosed information should be increased. And the current timely disclosure system should be improved. Furthermore, it is necessary to make a self-help effort such as the prevention of unfaithful disclosure. This study reviewed the present condition of Korean disclosure system in detail, and examined the problem and improvement scheme of current disclosure system. It is expected that this study will be helpful to scholars who make a study on Korean disclosure system and suggesting an improvement scheme of disclosure system in the future.