Academic Journal of Business & Management, 2026, 8(4); doi: 10.25236/AJBM.2026.080407.
Liu Ying
University of Shanghai for Science and Technology, Shanghai, China
Taking the 2021 annual report disclosure of Hunan Mendale Home Textile Co., Ltd. as a case, this paper conducts research and discussion based on the Asymmetric Information Theory and principal-agent related theories. It systematically analyzes the in-depth causes of the company's information disclosure violations, and explores more effective approaches to the supervision and governance of listed companies. Meanwhile, it discusses the impact of the newly issued Securities Supervision Law on the management of listed companies, and provides reference suggestions for the research on the compliance of information disclosure of listed companies.
Case Analysis; Audit Disclosure; China Securities Regulatory Commission (CSRC); Fraud Triangle Theory; Compliance Theory
Liu Ying. A Case Analysis of Illegal and Irregular Information Disclosure in the 2021 Annual Report of Hunan Mendale Home Textile Co., Ltd. Academic Journal of Business & Management (2026), Vol. 8, Issue 4: 55-60. https://doi.org/10.25236/AJBM.2026.080407.
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