Civil Compensation for Misrepresentation of Securities and Countermeasures for Companies

DOI

10.2991/aebmr.k.220405.007How to use a DOI?

Keywords

Securities; false statement; civil compensation; company

Abstract

In recent years, the securities market has become more and more active, and the number of false statements in the securities market has increased. In addition, investors’ awareness of rights protection has risen, resulting in a growing number of civil compensation cases, and the compensation risks that companies concerned need to bear are rising, which is not conducive to the sound development of companies and the stability of the securities market. This paper will analyze the civil compensation cases of false statements in securities by means of literature analysis, case analysis, and data statistics, and put forward some suggestions for relevant companies to deal with such cases accordingly. The data for this paper mainly comes from CNKI and the website of case judgment. The paper finds that in recent years, firstly, civil compensation cases for securities misrepresentation have increased, and the amount of compensation is also increasing day by day. Secondly, the inclined protection of investors in practical cases is common, and the rights of the company’s main body are diminished. Finally, this paper makes three suggestions: for companies, they should do a good job of information disclosure supervision before litigation, and actively respond to litigation after litigation. For directors, the insurance liability system for directors should be established.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Yi Luo
PY  - 2022
DA  - 2022/04/29
TI  - Civil Compensation for Misrepresentation of Securities and Countermeasures for Companies
BT  - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
PB  - Atlantis Press
SP  - 33
EP  - 37
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220405.007
DO  - 10.2991/aebmr.k.220405.007
ID  - Luo2022
ER  -