法经济学视角下企业年报公示制度评析

2014年企业年度报告公示制度正式实行。这一举措背后反映出的是市场经济体制下生产要素配置的法律经济学逻辑：以信息传递为核心的信用机制是影响分配效率的关键，而最好的制度就是能够实现信息成本与收益之间最佳平衡的制度。然而，就目前来看，我国的企业年报公示制度仅初具雏形。如何对该年报公示制度予以完善，确保那些能够真实反映企业信用的重要信息被方便地获取，显得非常重要。

Analysis of Enterprise Annual Report Publicity System from the Perspective of Law and Economics

In 2014, the enterprise annual report publicity system has been put into practice finally. The legal economic logic of the configuration of production factors under the market economy reflected in behind this move is： credit mechanism that takes information transfer as its core is the key to influencing distribution efficiency, and the best system is one which can achieve the best balance between the cost and benefit of information. However, at present, the system in our country only runs in the embry- onic form of primary stage. Thus it is very important to improve it and ensure easy access of the important information that can mirror the business credit.