ABSTRACT
However, we also emphasized that listing should be done with the interests of investors in mind. They should be the main consideration, as per the cardinal principle of securities regulation in other countries. To protect investors’ interests, we must first improve our accounting standards and disclosure standards so that investors can make accurate judgments about a company’s finances and operating results. Otherwise, investors can easily be deceived. Our markets will fail to develop properly and we will be faced with an increasing chorus of doubts.
