上市公司中投资者与管理者之间信息不对称是导致市场失灵的原因,为了防止这种情况的发生,建立信息披露制度是十分必要的。本文从信息披露制度、披露方法和法律责任进行比较,分析了中国与美国信息披露制度之间所存在的差异,对加强我国信息披露制度具有一定的启示作用。 Asymmetric information between investors and managers in listed companies is the reason leading to market failure. To prevent this from happening, it is necessary to establish an information disclosure system. This article compares the information disclosure system, the disclosure method and the legal responsibility, analyzes the differences existing between the information disclosure system between China and the United States, and has certain enlightenment on strengthening our country’s information disclosure system.